Deal boom

Apartment deals, mergers and acquisitions

Bellevue Mill

Cushman & Wakefield arranges $18.5 million sale on behalf of Bellevue Mills Holdings

Cushman & Wakefield has arranged the $18.5 million sale of Bellevue Mill, a 112-unit apartment community located in Hillsborough, North Carolina. Watson Bryant, Paul Marley and Hunter Bowling of Cushman & Wakefield represented the...
821 S. Gramercy Drive

Stepp Commercial completes $2.85 million sale of a 9-unit value-add apartment property in Koreatown...

Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $2.85 million sale of a nine-unit apartment property located at 821 S. Gramercy Drive within the Koreatown submarket of...
The Grove on Glendale

Next Wave acquires newly built luxury community in Phoenix for $25.5 million

Next Wave Investors, LLC (“Next Wave”) a private equity firm focused on value-add multifamily investments, acquired The Grove on Glendale, a new 56-unit luxury townhome community in North Central Phoenix, Arizona for $25.5 million...
7800 S Phillips

Interra Realty arranges $5.46 million sale of two-building apartment portfolio in Chicago’s South Shore...

Interra Realty, a Chicago-based commercial real estate investment services firm, announced the $5.46 million sale of two recently rehabbed rental properties in Chicago’s South Shore neighborhood: 7646 S. Essex Ave., a 30-unit apartment building,...
228 11th Ave E

Capitol Hill multifamily property close to light rail station sells for redevelopment

A multifamily property located at 228 11th Avenue East in Capitol Hill has been sold to a private developer for $3,300,000 ($430 per land square foot). The seller, Tobin Properties, was represented in the...
Falls and Oak Village

Two-property 408-unit multifamily sale completed by Marcus & Millichap in Fort Worth

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of The Falls and Oak Village, a two-property, 408-unit apartment asset in...
Madison Parc

RPH Multifamily Group of Marcus & Millichap sells multifamily asset at the highest price...

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Madison Parc, a 108-unit apartment property located in Fort Walton Beach,...
Broadstone Crossing Apartments

Langdon Street Capital adds Broadstone Crossing to its portfolio

JLL Capital Markets announced that it handled the sale of the 225-unit Broadstone Crossing Apartments (“Broadstone Crossing”) in Austin, Texas. JLL worked on behalf of the seller to complete the sale to the buyer, Langdon...
Windemere Apartments

Windemere Apartments in Raleigh sold for $26 million

JLL Capital Markets announced that it has closed the $26 million sale of the 168-unit Windemere Apartments in North Raleigh, North Carolina. JLL represented the seller, Northland Investment Corporation, in completing the sale to the...
Parc Station

Parc Station apartments near Fort Lauderdale purchased

JLL Capital Markets announced that it has closed the sale of Parc Station, a 336-unit Class A apartment community in Hollywood, Florida, part of the greater Fort Lauderdale area. JLL worked on behalf of the...
6336 North Magnolia Avenue

Marcus & Millichap arranges the sale of a 4-unit apartment building

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of 6336 North Magnolia Avenue, a 4-unit apartment property located in Chicago,...
5411 NW 27th St

Franklin Street brokers $18.8 million multifamily sale in South Florida opportunity zone

Franklin Street has arranged the sale of a 180-unit value-add apartment community in South Florida for $18.8 million, or $104,444 per unit. The community is located in a federally identified Opportunity Zone in Lauderhill,...
Hidden Lakes

Financing arranged for pair of Fort Worth apartment communities

JLL Capital Markets announced that it has arranged financing for Hidden Lakes and The Ranch at Fossil Creek, apartment communities totaling 586 units in the Fort Worth-area community of Haltom City, Texas. JLL worked on...
820-822 Reba Place

Kiser Group advises on $1.6 million Evanston, Illinois apartment property sale

Kiser Group, Chicago’s leading multifamily brokerage firm, advised on the sale of 820-822 Reba Place, a 12-unit multifamily property, in Evanston, Illinois. 820-822 Reba Place sold for $1,675,000 with Director Matt Halper, Advisor Danny...
Sunstone Palms

The RADCO Companies announces $59 million sale of Sunstone Palms in Tampa, Florida

The RADCO Companies (RADCO), one of the nation’s leading opportunistic real estate developers, announced the sale of Sunstone Palms, a 536-unit apartment community located at 12702 University Club Drive in Tampa, Florida. The property...
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