Tuesday, November 26, 2024

Deal boom

Apartment deals, mergers and acquisitions

Summit at Renaissance Park

Lease-Up Announced for 325-unit Greenspoint Mall Multifamily Project The Summit at Renaissance Park

The Summit at Renaissance Park, a 325-unit multifamily community within Greenspoint Mall property, is nearly ready for renters. Developed by the Zieben Group, the four-story complex will be on the southeastern portion of the mall....
Anchor at Gulf Harbors

Dominium Acquires Land for Anchor at Gulf Harbors, Plans to Develop 388 Affordable...

Dominium, a leading affordable housing owner, developer and manager announced that it has closed a deal to acquire land for the development of Anchor at Gulf Harbors, a new community of affordable housing in...
Authentix Spring Hill

LandSouth Breaks Ground on Authentix Spring Hill Near Tampa

LandSouth Construction, a Jacksonville-based, award-winning general contractor, has broken ground and started construction on Authentix Spring Hill, a garden-style apartment home community in Brooksville, Florida. The developer for Authentix Spring Hill is Continental Properties, and...
Villas at Langley

Value-add apartment community outside Washington DC sells for $87.5 million

Transwestern Real Estate Services (TRE) announces its Mid-Atlantic Multifamily Group has brokered the sale of Villas at Langley, a 590-unit, value-add investment property in Hyattsville, Maryland. Klein Holdings sold the garden-style asset to Jair Lynch...
Extended Stay America

Vivo Investments Announces Plans for Transforming Extended Stay America Hotels into Attainable Housing in...

Vivo Investments, a trailblazer in adaptive reuse and community building, is proud to announce its largest acquisition to date – the purchase of 587 units across five Extended Stay America hotels located in Charlotte,...
Livana

Kushner Launches New Luxury Apartment Brand Livana in Two Locations Across New Jersey

Kushner, a renowned real estate developer, owner and operator, announced the launch of Livana, a new apartment living brand aimed at meeting the increasing demand for sophisticated rental options and an aspirational lifestyle. As Kushner...
The Benison ATL

New Birth Breaks Ground on Affordable Mini-Home Mixed-Use Community The Benison ATL in Metro...

Hundreds gathered as New Birth Senior Pastor Dr. Jamal Harrison Bryant and a host of elected officials and community leaders broke ground to commemorate Stonecrest's first mini-home community, The Benison ATL. Groundbreaking speakers included Congressman...

249-unit affordable housing portfolio in Gary, Indiana sells for $10.375 million

Affordable Housing Investment Brokerage Inc. recently sold a 14-building, 249-unit affordable housing portfolio in Gary, Indiana for $10,375,000. Managing Director Kyle Shoemaker represented both the purchaser, a private investor, and seller, a private investor,...
Seneca at Southern Highlands

Las Vegas Welcomes its First Luxury Built-to-Rent Community Seneca at Southern Highlands with Construction...

Seneca, the developer of one of the country’s first luxury-for-lease communities featuring high-end, high-design rental homes focused on sustainability, well-being and convenience, announced the completion of construction on its debut neighborhood, Seneca at Southern...
Riverfront Towers

Iconic Riverfront Towers Apartments in Detroit Goes Delinquent

The more-than-$80 million Freddie Mac commercial mortgage-backed securities loan for the rental portion of the once-iconic Detroit property Riverfront Towers has gone 30 days delinquent. Image Capital is listed as the owner of the...
Grenelefe

Marcus & Millichap brokers sale of Central Florida condominium property for $31.5 million

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of 417 parcels of the 781-unit condominium property within the Grenelefe Golf and Tennis...
Boulder Springs

Two Central California multifamily assets sell for $38.5 million

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of two multifamily properties in Fresno, California. The communities are Boulder...

Ledcor Development breaks ground on Phase II of Hercules Bayfront apartment community

Ledcor Development LP announced the groundbreaking of The Grand in Hercules. Set to open Spring 2021, The Grand is adjacent to The Exchange, which broke ground last Fall and has plans to open Spring...
RENCO USA

First RENCO USA Development Unveiled in Palm Beach Florida

As ever-stronger hurricanes threaten Florida and property insurance rates skyrocket, the mission is on to find stronger, more resilient ways to build that can withstand intensifying storms and devastating winds. “As a longtime resident, I’ve...
Hartman Hill

Haven teams with Yieldstreet to acquire 71-home single family housing rental community in Chattanooga,...

Haven Realty Capital (Haven) in joint venture with funds managed by Yieldstreet, has closed on the first phase of a $28.6 million acquisition of Hartman Hill, a 71-home purpose-built single family rental housing community...
Yield PRO