Deal boom

Apartment deals, mergers and acquisitions

Coral Falls

Value-add apartments purchased for $40.2 million in Coral Springs, Florida

JLL Capital Markets announced it has closed the $40.2 million sale of Coral Falls, a 190-unit value-add multihousing property located in Coral Springs, Florida, which is just 20 miles northwest of Fort Lauderdale. JLL worked...
225 Mallorca Way

Gino Franco and Sandy Skeie of Marcus & Millichap broker multifamily asset sale in...

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced sale of 225 Mallorca Way, a 21-unit multifamily property at Mallorca Way and Capra...
Savoy Manor

REEP Equity secures acquisition financing for Savoy Manor in Houston

JLL Capital Markets announced it arranged acquisition financing for Savoy Manor, a 192-unit multihousing property located in Houston, Texas. JLL worked on behalf of the borrower, REEP Equity, to secure the 10-year, floating-rate loan through...
Candlewood Village

Ranchharbor and Westgrove Partners acquire Albuquerque value-add multifamily portfolio

RanchHarbor and Westgrove Partners, two real estate investment firms based in Newport Beach, Calif. and Los Angeles respectively, announced their joint venture (JV) partnership in the acquisition of a two-property multifamily portfolio in Albuquerque,...
2851 Boston Ave

2851 Boston Ave. apartments in San Diego, California purchased

JLL Capital Markets announced that it closed the $2.4 million sale of 2851 Boston Ave., a nine-unit apartment community located in the Barrio Logan submarket of San Diego, California. JLL represented the seller, WLA Investments...
Park at Trowbridge

Sale and acquisition financing of independent living community in Detroit suburbs completed

JLL Capital Markets announced that it closed the $17 million sale and arranged $25.35 million in acquisition and renovation financing for The Park at Trowbridge, a 298-unit, seniors housing community located in the northern...
City West Apartments

American Landmark acquires 300-unit multifamily community in Orlando

American Landmark Apartments, one of the fastest-growing multifamily owner-operators in the country, announces it has acquired City West Apartments, a 300-unit multifamily asset in Orlando. The property will undergo a $3.575 million capital improvements...
Fishtown Kensington Village

$46.5 million financing secured to develop Fishtown Kensington Village in Philly

JLL Capital Markets announced it has arranged a $46.5 million construction loan for the development of Fishtown Kensington Village, a 297-unit multihousing property located in Philadelphia, Pennsylvania. JLL worked on behalf of the borrower, an...
District at Grand Terrace

Inland Empire multifamily asset closes at $88 million

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of District at Grand Terrace, a 352-unit multifamily property in Colton, California. The property sold for $88 million, or $250,000 per...
Glen Hollow

48-unit multifamily asset sells in Tallahassee

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Glen Hollow, a 48-unit apartment property located in Tallahassee, Florida, according...
125 Magnolia at Journal Square

$25 million sale of 125 Magnolia sets new multifamily sales benchmark for emerging Jersey...

The $25M sale of 125 Magnolia at Journal Square has set a new multifamily benchmark for Jersey City’s newest upmarket neighborhood in the elevatored/pre-war apartment building category, according to Gebroe-Hammer Associates Executive Vice President...
Melvin Park Apartments

Berkadia arranges $27.54 million in acquisition financing for 263-unit community outside of Baltimore

Berkadia announces it has arranged $27.54 million in financing for the acquisition of Melvin Park Apartments, a 263-unit community in Catonsville, Maryland. Senior Managing Director Mitch Sinberg, Associate Director Matthew Robbins and Senior Analyst...
Jamestown and Williamsburg

The Multifamily Group brokers 48 units in Temple, Texas

The Multifamily Group (TMG), a Dallas-based commercial real estate brokerage firm, announced this week they facilitated the sale of Jamestown and Williamsburg in Temple. TMG Advisor Danny Wieland represented the seller, and Vice President...
Glennwood Apartments

The Multifamily Group brokers 100 units in San Antonio

The Multifamily Group (TMG), a Dallas-based commercial real estate brokerage firm, announced this week it had facilitated the sale of the Glennwood Apartments in San Antonio. Managing Directors Chris Siemasko and Bryce Smith represented...
700 W. Grace St.

Interra Realty brokers $5.73 million sale of apartment building in Chicago’s Lakeview neighborhood

Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the sale of 700 W. Grace St., a 16-unit rental property in Chicago’s Lakeview neighborhood. The $5.73 million sale price equates...
Do NOT follow this link or you will be banned from the site!