Deal boom

Apartment deals, mergers and acquisitions

743 @ Howell Mill

Cushman & Wakefield arranges $85.2 million sale on behalf of JEM Holdings and Zavala...

Cushman & Wakefield has arranged the $85.2 million sale of six properties totaling 872 units on behalf of JEM Holdings and Zavala Capital Group. Three of the properties are located in Atlanta, two are...
The Destino

Institutional Property Advisors brokers Central Dallas-Fort Worth apartment complex sale

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of The Destino, a 192-unit apartment property in Grand Prairie, Texas. “Dallas-Fort Worth, the nation’s fourth-largest metropolitan area, offers competitive advantages for...
Columns at Wakefield

Stonebridge acquires 324-unit Raleigh, North Carolina apartment community

StoneBridge Investments of Washington, DC, has acquired The Columns at Wakefield, a 324-unit rental apartment community in Raleigh, NC. Howard Jenkins and Kevin Kempf of CBRE Southeast Multifamily represented the seller. The new ownership...
Fountains at Steeplechase

Institutional Property Advisors brokers North Texas multifamily sale

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Fountains at Steeplechase, a 368-unit multifamily asset in Plano, Texas. “Located in one of the fastest-growing cities in the country, Fountains...
Westridge Gardens

Westridge Gardens refinanced with agency loan

JLL Capital Markets announced that it has arranged refinancing for Westridge Gardens, a 136-unit multihousing property in Phoenixville, Pennsylvania. JLL worked on behalf of the borrower, an affiliate of Relative Properties, LLC, to secure the...
The Point at Biscay

Fannie Mae lends $24.375 million for Colorado townhome community

JLL Capital Markets announced that it has arranged $24.375 million in acquisition financing for The Point at Biscay, formally known as Outlook Biscay, a 96-unit, Class A townhome community in Aurora, Colorado. JLL worked on...
Millenium Hometown Rendering

$49.1 million in refinancing secured for the Millennium at Hometown development

JLL Capital Markets announced that it arranged a $49.1 million refinancing for the Millennium at Hometown, a to-be-completed, Class-A, multihousing project comprising 306 apartments and 11,697 square feet of retail located at 6021 Parker...
The Grand

$2.5 million multifamily asset sold in Tampa

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of The Grand, a 24-unit apartment property located in Tampa, Florida, according...
ArtWalk Apartments at City Center

Oak Coast Properties acquires ArtWalk Apartments at City Center Community in Englewood, Colorado, for...

Oak Coast Properties announced the $123.5 million acquisition of ArtWalk Apartments at City Center, a best-in-class 438-unit transit-oriented apartment community located in Englewood, Colorado. The purchase highlights Oak Coast Properties’ continued bullish stance on investment...
812-814 Amsterdam Ave

Invictus secures $27.5 million for 812-814 Amsterdam Ave. on New York City’s Upper West...

JLL Capital Markets announced that it has secured $27.5 million in financing for 812-814 Amsterdam Ave., a newly constructed 44-unit, 15-story, mixed-use property on the Upper West Side of Manhattan. JLL represented the borrower, Invictus...
The Point Daytona

RPH Multifamily Group of Marcus & Millichap sells The Point Apartments in Daytona Beach,...

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of The Point Daytona, a 128-unit apartment property located in Daytona Beach,...
Cascade

Knighthead Funding provides $26.5 million financing for development of condominium project in Austin, Texas

Knighthead Funding LLC has provided Pearlstone Partners with a $26.5 million construction loan for the Cascade, a 113-unit mid-rise condominium development in Austin, Texas. The property is located at 2500 Longview St. in the West...
Blue Mountain Apartments

MassHousing closes $64.7 million in financing for the acquisition, rehabilitation and long-term preservation of...

MassHousing has closed on a total of $64.7 million in affordable housing financing to the non-profit NHP Foundation for the acquisition, rehabilitation and preservation of the historic, 217-unit, Blue Mountain Apartments in Roxbury. As a result of the transaction, all 217 homes at the Blue Mountain Apartments...
Highlands at Red Hawk

Pathfinder Partners acquires multifamily property in affluent Denver neighborhood

Pathfinder Partners, a San Diego-based firm specializing in multifamily real estate investments, announced the $18.2 million acquisition of Highlands at Red Hawk—a 56-unit apartment community in the affluent submarket of Castle Rock, just south...
Center Village Apartments

Loan secured for 60-unit affordable housing community in Portland

JLL Capital Markets announced that it has arranged a loan for Center Village Apartments, a 60-unit affordable Low-Income Housing Tax Credit community in Northeast Portland, Oregon. JLL worked on behalf of Innovative Housing, Inc. (IHI)...
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