Deal boom

Apartment deals, mergers and acquisitions

The Lakes Apartments

Levin Johnston completes $26.8 million sale of 102-unit value-add multifamily community in Concord, California

Levin Johnston of Marcus and Millichap, one of the top multifamily brokerage teams in the U.S. specializing in wealth management through commercial real estate investments, has directed the sale of The Lakes, a 102-unit...
7526 S. Colfax Ave

Interra Realty brokers $1.48 million off-market sale of multifamily building in Chicago’s South Shore...

Interra Realty, a Chicago-based commercial real estate investment services firm, today announced it brokered the $1.48 million off-market sale of 7526 S. Colfax Ave., a 24-unit courtyard apartment building in Chicago’s South Shore neighborhood. Interra...
Granite Lena Park, Boston

MassHousing closes $25.6 million in financing for the renovation and extension of affordability at...

MassHousing has closed on $25.6 million in affordable housing financing to the Lena Park Community Development Corporation for the renovation and extension of affordability for lower-income residents at the 143-unit Granite Lena Park in Dorchester.   Granite Lena Park, a 143-unit scattered-site affordable housing development, was last substantially...
Mt. Carmel and Mt. Village

Mt. Carmel and Mt. Village Apartments sell for $2.8 million

Affordable Housing Investment Brokerage Inc. recently sold two Waterloo, Iowa apartment complexes, Mt. Carmel and Mt. Village, for $2,800,000. Managing Director Kyle Shoemaker and Senior Vice President Dan Piatkowski, represented both the purchaser, a...
Rancho Luna Sol

Decron Properties acquires Rancho Luna Sol in Fremont, California for $71.5 million

Decron Properties has acquired Rancho Luna Sol, a 188-unit multifamily community in Fremont, CA for $71.5 million. With its acquisition of Rancho Luna Sol, Decron increased its regional portfolio to 1,054 units over six properties....
Hawthorne at Lake Norman

JLL completes sale and financing of Hawthorne at Lake Norman

JLL Capital Markets announced that it has completed the sale and financing of Hawthorne at Lake Norman, a 232-unit, Class A multihousing community in Mooresville, North Carolina. JLL represented the seller, Hawthorne Residential Partners, LLC,...
British Woods

JLL arranges $10.296 million financing for British Woods in suburban Knoxville

JLL Capital Markets announced that it has arranged a $10.296 million refinancing for British Woods, a 130-unit multihousing community in Oak Ridge, Tennessee. JLL worked on behalf of the borrower, MZ Capital Partners, to secure...
Griffin Park

Marcus & Millichap arranges the sale of 178-unit Griffin Park Apartments in Lakeland, Florida

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research, and advisory services, announced the sale of Griffin Park, an 178-unit apartment property located in Lakeland, FL, according...
Avalon Tinton Falls

JLL closes sale of Avalon Tinton Falls in Monmouth County

JLL Capital Markets announced that it has closed the sale of Avalon Tinton Falls, a 216-unit, Class A garden-style apartment property in Tinton Falls, Monmouth County, New Jersey. JLL marketed the property exclusively on behalf...
Queen Anne Gardens

38-unit Queen Anne Apartment building sells for $9.035 million

Queen Anne Gardens, a 38-unit apartment building located at 1250 5th Avenue N. in Seattle, Washington, has sold for $9,035,263. The buyer, Milestone Properties, a Seattle-area apartment investment and management company, acquired the property...
The Abbott

Dunleer sells The Abbott, a six-unit apartment property in Highland Park neighborhood of L.A.,...

Dunleer, a Los Angeles-based private real estate investment and development firm, announced the $2.375 million sale of The Abbott, a fully occupied six-unit apartment property located at 400 N Avenue 54 in the Highland...
Orion McKinney

JLL arranges $181.54 million financing for 4 North Texas apartment properties

JLL Capital Markets announced that it has arranged a $181.54 million refinancing of four apartment communities totaling 1,489 units located around the Dallas area in North Texas. JLL worked exclusively on behalf of the borrower,...
Archer Towers

JLL selected by BRP Companies to arrange joint venture equity for $286 million Archer...

JLL Capital Markets was selected by BRP Companies to arrange joint venture equity financing for the construction of the $286 million Archer Towers project. The residential development is located at 163-05 Archer Avenue in...
Bayside Cove

$43+ million sale of Bayside Cove Apartments in Central Jersey brokered by Gebroe-Hammer Associates

Gebroe-Hammer Associates has brokered the $43.45M sale of 125 Class A units at Central Jersey’s Bayside Cove, a newly constructed townhome-style rental community in South Amboy, N.J. The firm’s market specialists Executive Managing Director...
Oso Apartments

Evergreen Real Estate Group expands national affordable housing portfolio

Chicago-based Evergreen Real Estate Group, a leader in the acquisition, development, rehabilitation and management of both affordable and market-rate multifamily housing, announced it has been retained to manage affordable housing communities comprising a total...
Do NOT follow this link or you will be banned from the site!