Deal boom

Apartment deals, mergers and acquisitions

The Jameson at the Bluffs

Institutional Property Advisors negotiates metroplex multifamily asset sale

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of The Jameson at the Bluffs, a 387-unit multifamily asset in Fort Worth, Texas. “Positioned within the Samuels Avenue historic neighborhood, The...
Eliot on Ocean

$84.35 million sale of multihousing community near Boston closes

JLL Capital Markets announced that it has closed the $84.35 million sale of and arranged $60.9 million in acquisition financing for Eliot on Ocean, a 194-unit, transit-oriented, Class A multihousing community in the greater...
Village Manor and Palisades Manor

$45.5 million refinancing secured for Village Manor and Palisades Manor

JLL Capital Markets announced that it has arranged $45.5 million in financing for two multihousing properties totaling 321 units in the northern New Jersey communities of Nutley and Palisades Park, New Jersey. JLL worked exclusively...
2651-2657 Broadway

Avison Young brokers $15.5 million sale of 2651-2657 Broadway

Avison Young’s New York office announced that it has arranged the sale of 2651-2657 Broadway, a mixed-use building on the corner of Broadway and West 101st Street in New York. The 36,730-square-foot (sf) Upper...
The Lakes Apartments

Indianapolis multihousing community refinanced for $26.872 million

JLL Capital Markets announced that it has arranged a $26.872 million refinancing for The Lakes Apartments, a 232-unit multihousing community in Indianapolis, Indiana. JLL worked on behalf of the borrower, NTS Development Company, Louisville, KY,...
Residences at Munroe Place

CBRE arranges sale of 111-unit mixed-use multifamily community in Quincy, Massachusetts

CBRE announced that it has arranged the sale of The Residences at Munroe Place, a 111-unit apartment community with ground floor retail located at 1205 Hancock Street in Quincy, Massachusetts. CBRE Capital Markets’ multihousing experts...
Enclave at Prestonwood

Eagle Property Capital and Promecap launch value-add multifamily investment fund

Eagle Property Capital Investments, LLC (EPC), a vertically integrated real estate investment manager focused on the value-add multifamily space, announces that it has teamed up with Promecap, a leading private equity firm based in Mexico...
ReNew on 14th

Institutional Property Advisors closes Inland Empire multifamily asset sale

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of ReNew on 14th Apartments, a 100-unit multifamily asset in Riverside, California. “With 14.7 percent year-over-year rent increases and 1.6 percent vacancy,...
Bayou Bend

ZMR Capital adds two Dallas multifamily properties to Texas portfolio

ZMR Capital has increased its footprint in Texas by nearly 1,000 units after acquiring two garden-style communities in Dallas expanding the Tampa Bay, Florida-based multifamily investment firm’s portfolio in the Lone Star State to...
Canyon Park

Cushman & Wakefield arranges $32.25 million sale on behalf of Stratford Management

Cushman & Wakefield announced the commercial real estate services firm has arranged the sale of Canyon Park, a 252-unit apartment community located in Tallahassee, Florida. The final sale price was $32.25 million. Nick Meoli and...
Bancroft Dixwell Apartments

MassHousing closes on $35.3 million in financing for the refinancing and major renovation of...

MassHousing has closed on $35.3 million in affordable housing financing to Urban Edge for the refinancing and extensive renovation of the 78-unit Bancroft Dixwell Apartments in Roxbury and Jamaica Plain.    Urban Edge will utilize the...
Nine East 33rd

Berkadia arranges $62 million stretch senior loan for acquisition of 568 bed student housing...

Berkadia announces it has secured a $62 million stretch senior loan for the acquisition of Nine East 33rd, a 157-unit/568-bed off-campus student housing property located right across the street from the main entrance of...
Linden on the GreeneWay

Institutional Property Advisors brokers $63.5 million Southeast Orlando apartment asset sale

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Linden on the GreeneWay, a three-story, garden-style, 234-unit multifamily asset in Orlando, Florida. The property sold for $63.5 million, which...
Granada Apartments

Marcus & Millichap brokers the sale of a 78-unit apartment building in Broward County...

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Granada Apartments, a 78-unit property located in Lauderdale Lakes, Florida. According...
Cantala

Institutional Property Advisors closes $51.6 million multifamily asset in the Northwest Valley of Phoenix

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Cantala, a 184-unit apartment property in Glendale, Arizona. The property sold for $51.6 million or $280,435 per unit. “Built in 1986,...
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