Thursday, April 10, 2025

Deal boom

Apartment deals, mergers and acquisitions

Halstead Tarrytown

Sale secured for Halstead Tarrytown Multifamily Community in Affluent Westchester County on Behalf of...

JLL Capital Markets announced that it has secured the sale of Halstead Tarrytown, a 300-unit multi-housing community located in Tarrytown, Westchester County, New York. The JLL Suburban Tri-State Capital Markets represented the seller, The DSF Group...
Park Vista Apartment Homes

NewPoint Closes $82M Fannie Mae Loan for Acquisition of Southern California Affordable Housing Community...

NewPoint Real Estate Capital (“NewPoint”) announced the closing of an $82 million Fannie Mae loan to facilitate the acquisition of Park Vista Apartment Homes, a 392-unit garden-style affordable housing community in Anaheim, California. The...
Creekside Cottages

Jim Chapman Construction Group Announces Creekside Cottages Near Auburn University RanchCottagesForRent Brand Expanding College...

Jim Chapman Construction Group (JCCG), a build-to-rent (BTR) general contractor, is excited to announce land development is slated to begin at Creekside Cottages in Opelika, Alabama, near Auburn University. Following the success of BTR...
The Railyard

Lexington Planning Commission Approves Delaware Avenue Mixed-Use Development The Railyard

The Lexington Planning Commission unanimously approved the development plan for The Railyard, a $6 million mixed-use infill project. This initiative aims to revitalize a vacant lot at 1000 Delaware Avenue, transforming the underutilized industrial...
Mezzo Desert Ridge

National Developer ZOM Living Secures $28M in Construction Financing and Breaks Ground on Mezzo...

ZOM Living, one of the nation’s premier multifamily development firms, announces securing $38 million in construction financing and commencing construction of the 174-unit Mezzo Desert Ridge, its second luxury residential community to break ground...
Gantry

Gantry Secures Loans Totaling $59.6M to Acquire Southeast Multifamily Properties

Gantry, the largest independent commercial mortgage banking firm in the U.S., has secured a total of $59.6 million in three loans funding the acquisition of apartment communities located in Florida and Virginia. The three...
The Terrace

High Street Residential Breaks Ground on The Terrace a 300-unit Residential Community in Frederick...

High Street Residential (HSR), the residential subsidiary of Trammell Crow Company(TCC), and JV partner SCOA Real Estate Partners (SREP), have broken ground on The Terrace, a four-story, 300-unit multifamily project in Frederick, Maryland. The project...
Highline at Knoxville

PPR Capital Management Announces First Build-to-Rent Acquisition Highline at Knoxville

PPR Capital Management (PPR), a private equity real estate investment firm, announced the acquisition of Highline at Knoxville, a newly constructed build-to-rent (BTR) community in Knoxville, TN. This strategic $87 million acquisition encompasses both...
Sheridan MMC

Sheridan Capital Partners and Muchmore Capital (MMC) Have Formed a Partnership called Sheridan MMC...

Sheridan Capital is excited to announce its strategic partnership with Muchmore Capital (MMC) resulting in the formation of Sheridan MMC. Sheridan MMC will specialize in providing comprehensive financing solutions for multifamily, seniors and the...
Texan 26th

The Bascom Group Launches New 506(C) Fund Offering Targeting Value-Add & Distressed Apartment Acquisitions

Bascom Value Added Apartment Investors VI, LLC ("Fund VI" or the "Fund"), which is sponsored by The Bascom Group, LLC ("Bascom"), launched a new offering of its securities pursuant to Rule 506(c) under the...
Variel at Woodland Hills

BWE Secures $308M to Refinance Two Trophy Senior Living Communities in Los Angeles and...

BWE, a national commercial and multifamily mortgage banking company, announced that it has successfully arranged $308 million to refinance two trophy senior living communities. Dubbed Project New Horizons, the refinancing was secured for The...
Bluff Creek Apartments

BSR REIT Announces Sale of Bluff Creek Apartments in Oklahoma City for $28.3M

BSR Real Estate Investment Trust ("BSR" or the "REIT") (TSX: HOM.U) (TSX: HOM.UN) announced that it has sold Bluff Creek Apartments in Oklahoma City, Oklahoma for gross proceeds of $28.3 million. Bluff Creek was...
The Wilde student apartments

Timberline Real Estate Ventures Acquires The Wilde Student Apartments for $44.35M

Timberline Real Estate Ventures has purchased The Wilde student apartments in Raleigh for $44.35 million. The seller, Cardinal Group, originally acquired the property in 2018 for $42.45 million. Situated on nearly 16 acres at 3333...
Ativo Portfolio

The Integrated Senior Foundation Has Obtained $240M in Tax Exempt and Taxable Bond Financing...

JLL and HJ Sims are teaming up on a major financing deal for a senior housing developer and operator. The two firms have arranged approximately $239.7 million in tax-exempt and taxable bond financing on...
The Mark Mansfield

Landmark Properties Buys 1.56 Acre Site Near UConn Storrs Campus for Mark Mansfield Student...

Landmark Properties has closed on the acquisition of a site next to UConn’s Storrs campus where it plans to build a 738-bed student housing property. Landmark Properties says it will begin construction on the...
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