Sunday, May 11, 2025

Deal boom

Apartment deals, mergers and acquisitions

Core Apartment Homes

Core Apartment Homes Introduces New Lifestyle-Forward Living in a Prime Southwest Las Vegas Location

Warmington Apartment Communities has introduced a new luxury rental community in Southwest Las Vegas. Core Apartment Homes is now hosting tours and pre-leasing for the first move-ins this month. Located on a 6.41-acre site at...
Soma Towers

The Sobrato Organization Closes $193M Purchase of Soma Towers in Bellevue

The Sobrato Organization has closed on a major residential buy in the Pacific Northwest, paying $192.85 million for Soma Towers, a 273-unit ($706.4k/unit) multifamily community in Bellevue, Washington. Located at 288 106th Avenue NE in...
Apella on Newport

JLL Secures $97.45M in Refinancing for New Student Housing Community Apella on Newport in...

JLL Capital Markets announced that it has secured a $97.45 million financing for Apella on Newport, a 576-bed newly constructed student housing community in Tampa, Florida. JLL worked on behalf of the borrower, Commercial Street...
Poplin Trace

Berkadia Arranges Sale of Poplin Trace Townhomes Outside Charlotte

Berkadia, a distinguished leader in the commercial real estate sector, announced the sale of Poplin Trace, a 99-unit, townhome property in Indian Trail, North Carolina constructed in 2021. Managing Director Caleb Troop and Associate Director...
Lyric

PGIM Arranges $80M Loan for Sale of Las Vegas Apartment Property Lyric

PGIM Real Estate has provided a $80 million floating-rate loan for the acquisition and capital improvement of Lyric, a 376-unit multifamily property in Las Vegas, Nevada. The loan was provided to RPM Living Investments and...
Frankford Grand

U.S. Development Introduces Exclusive Leasing Agents at Frankford Grand in Philadelphia

U.S. Development is partnering with market-leading real estate agents to lead the successful lease-up of its brand-new luxury apartment community Frankford Grand located in the heart of Philadelphia’s Fishtown neighborhood. The 107-unit Frankford Grand is...
Rock Ridge Apartments

Merchants Capital Secures $56.5M for 152-Unit Affordable Housing Development Rock Ridge Apartments in Rhode...

Leading financial services provider Merchants Capital announced $56.5 million in debt and tax credit equity financing for the acquisition of Rock Ridge Apartments, a 152-unit multifamily housing development in Woonsocket, Rhode Island and developed...
Greystone at Mulberry Grove

BWE Secures $32.3M for Luxury Multifamily Community Greystone at Mulberry Grove Near Columbus

BWE, a national commercial and multifamily mortgage banking company, announced that it has secured a $32,293,800 loan to refinance Greystone at Mulberry Grove, a 222-unit Class A multifamily development in Fortson, Georgia, part of...
Astoria on 9th

Housing Trust Group and Alonzo Mourning’s AM Affordable Housing Complete $37.4M Affordable Senior Community...

Housing Trust Group (HTG), a leading multifamily developer, in partnership with AM Affordable Housing, a non-profit founded by NBA Hall of Famer and Miami Heat legend Alonzo Mourning, proudly announces the completion of Astoria...
Hudson Piers

Hudson Piers Launches Leasing Along Yonkers Waterfront

Extell Development Company – a full service national real estate developer of residential, commercial and hospitality properties – announced that leasing has commenced for Phase I at Hudson Piers, a mixed-use riverfront development situated...
Class A Apartments

JLL Secures $50M in Financing for Class A Apartments in New Jersey

JLL Capital Markets announced that it has arranged a $50 million financing for a 275-unit, class A apartments community in Westampton, Burlington County, New Jersey. The Class A apartment complex has convenient access to major...
Ridge Avenue Apartments

Red Oak Capital Holdings Provides $9.23M Bridge Loan for New Philadelphia Midrise Ridge Avenue...

Red Oak Capital Holdings, LLC, a leading provider of private capital solutions for commercial real estate, has provided a $9.225-million bridge loan for the Ridge Avenue Apartments, a newly built residential community in Philadelphia. The...
Parq on Boulder

Parq on Boulder Now Open and Leasing Luxury Apartment Homes in Henderson

Parq on Boulder, a brand-new luxury residential community developed by Morgan Stonehill, is now open and leasing in Henderson, Nevada. Cushman & Wakefield has been appointed as the exclusive property manager for the community,...
Parks at Delray

ANF Celebrates the Completion of the First Phase of Parks at Delray, a Mixed-Use...

ANF, a leading full-service construction and development firm, announces the completion of Phase One of Parks at Delray, a mixed-use community located at 2100 South Congress Avenue in Delray Beach, Florida. Phase One includes 420...
Habitat Residences

Lendlease Reveals First Look at Habitat Residences in Los Angeles

Lendlease, a leading integrated real estate and investment management group, together with joint venture partner Aware Super, one of Australia’s largest superannuation funds, unveiled the name and new renderings for Habitat Residences, a 12-story,...
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