Berkadia arranges $42 million refinancing for luxury apartments in West Palm Beach
Berkadia announces it has arranged the $42 million recapitalization of Alora at West Palm Beach, a 270-unit luxury apartment community in the heart of West Palm Beach, Florida. Senior Managing Director Charles Foschini and...
FCP and Aventon announce JV for development of Aventon Clearwater Class A Apartments
FCP and Aventon Companies announce a joint venture for the development of Aventon Clearwater Apartments in Clearwater, Fla. The 396-unit, Class A multifamily community will feature three-story buildings on U.S. Highway 19, and easy...
Franklin Street arranges record setting sale of value-add apartment community in Fort Lauderdale for...
Franklin Street has arranged the sale of a 48-unit value-add multifamily property in Lauderdale Lakes, a submarket of Fort Lauderdale, for $6.95 million or $144,791 per unit. The 1972-built property, called Newcastle Apartments, was...
S.L. Nusbaum Realty Co. arranges $28.175 million sale of Virginia Beach apartment community to...
S.L. Nusbaum Realty Co. is pleased to announce Arbor Trace Apartment Homes was purchased for $28.175M (approx. $190,000 per unit) on September 10, 2021. Bill Overman, CCIM, John Wessling, CCIM and Paul Peck represented...
Berkadia arranges $91.49 million loan for acquisition of two Tampa Bay apartment communities
Berkadia announces it has secured $91 million in financing for the acquisition of two multifamily properties in the Tampa Bay area: Henley Tampa Palms, a 315-unit apartment community in Tampa, and Enclave at Northwood,...
New multihousing community financed for $35.42 million in Florida’s Treasure Coast
JLL Capital Markets announced that it has arranged a $35.42 million in acquisition financing for The Parc at Gatlin Commons, a brand new, 200-unit, garden-style multihousing community in Port St. Lucie, Florida.
JLL worked on...
PCCP, LLC and Abode Communities, LLC form joint venture to develop build-to-rent communities in...
PCCP, LLC announced that it has formed a joint venture with Abode Communities, LLC for the ground-up construction of three build-to-rent (BTR) communities in the heart of Raleigh, North Carolina. These infill, Class A,...
Baltimore Class A multihousing community trades
JLL Capital Markets announced that it has closed the sale of 225 North Calvert St., a 347-unit, Class A multihousing community with ground-floor retail in the Inner Harbor District of Baltimore, Maryland.
JLL marketed the...
Trion Properties enters Southeast market with acquisition of 288-unit multifamily community in Fayetteville, North...
Trion Properties, a private equity real estate firm based in West Hollywood, California and Miami, Florida specializing in multifamily investments, has entered the Southeast market with the acquisition of Crescent Commons, a 288-unit multifamily...
Westside Capital Group acquires a second high-rise waterfront residential tower in Fort Myers
Westside Capital Group, a real estate investment holding firm based in Miami, announced the acquisition of Campo Felice, a 24-story residential tower with 323 apartment units located in the historic downtown of Fort Myers,...
West Shore expands into Charleston market with acquisition of premier multifamily asset
West Shore LLC, a multifamily real estate investment firm, has purchased 17 South Apartments in Charleston, South Carolina. Ramping up a strategic expansion effort, 17 South Apartments is the firm’s first investment in Charleston...
Cushman & Wakefield arranges $13 million sale on behalf of PISMO
Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of Palm Springs, an 86-unit apartment community located in Hialeah, Florida. The final sale price was $13 million.
Calum Weaver...
FCP closes $1.188 billion FCP Realty Fund V, L.P.
FCP announced the closing of FCP Realty Fund V, L.P. (Fund V), a $1.188 billion fund targeting multifamily and commercial property opportunities throughout the United States. Fund V, when fully invested, is expected to...
Parkview Financial provides $42.5 million loan for mixed-use property to include 210 apartment units...
Parkview Financial announced it has provided a $42.5 million construction loan to Monroe Germantown Holdings, LLC for the development of Artist Lofts, a mixed-use property located at 1217-31 2nd Ave N in the Germantown...
Cushman & Wakefield arranges $41 million sale on behalf of Ytech
Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of Ocean House, a 186-unit multifamily property in the North Beach area of Miami Beach. The final sale price...
