Saturday, May 18, 2024

Deal boom

Apartment deals, mergers and acquisitions

Bloom Apartments

Walker & Dunlop Secures $39M Refinancing for Bloom Apartments in Seattle Suburb of Kirkland

Walker & Dunlop has arranged a $39 million refinance for Bloom Apartments, a 135-unit, 3-story multifamily apartment community located in the Seattle suburb of Kirkland. Bloom Apartments amenities include walk-in closets, vaulted ceilings (in select...
Equitable Developers Fund

MassHousing and MHIC Announce the Opening of the Equitable Developers Fund

MassHousing and the Massachusetts Housing Investment Corporation (MHIC) announced that funding applications are now open for the Equitable Developers Fund (EDF). The $50 million Equitable Developers Fund is the largest publicly led financing program of...
The Argonne

CIM Group Sells 276-unit The Argonne Apartment Building in Washington DC

CIM Group has sold The Argonne, a 276-unit apartment building in Washington, D.C., which was acquired in 2013. Terms of the sale were not disclosed. Located at 1629 Columbia Road NW, the building is near...
The Nine at Central

Cushman & Wakefield Arranges Sale of The Nine at Central Student Housing Apartment Community

Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of The Nine at Central, a recently built 201-unit and 764-bed student housing apartment community located at the University...
Celeste

Sares Regis Begins With Exceptionally Strong Leasing Velocity at Celeste, A New Transit-Friendly Apartment...

Sares Regis Group of Northern California (SRGNC) announced the completion of construction and strong leasing Velocity at Celeste, their latest ground-up residential development in downtown South San Francisco featuring 195 rental apartments and adjacent...
Pointe on La Brea

EAH Housing Celebrates the Grand Opening of Pointe on La Brea

EAH Housing, one of the largest and most respected nonprofit housing development and management organizations in the western United States, announced the grand opening of Pointe On La Brea. This former auto body shop...
Madison Capital Markets

Madison Capital Group Launches Madison Capital Markets, Providing Real Estate Investment Opportunities

Madison Capital Group, a vertically integrated real estate development and investment firm, has launched Madison Capital Markets, a specialized division dedicated to providing stable cash flows and value creation opportunities for real estate investors...
Gibson Point

Redgate Announces Gibson Point, 291 Modern Apartment Homes Designed for Wellness and Seaside Living

Redgate announces pre-leasing will be available June 1st for Gibson Point, 291 brand-new apartment homes located in Revere, Massachusetts that offer residents a holistic wellness experience unlike any other. First move-ins are expected in...
Clearwater at The Heights in Houston

Hines and Clearwater Living Senior Housing Fund V to Recapitalize and Rebrand Luxury Senior...

Hines, Clearwater Living Senior Housing Fund V (a Clearwater Living investment vehicle) and an institutional investor have formed a joint venture to successfully recapitalize and rebrand Clearwater at The Heights in Houston. This initiative introduces...
Bell Murrieta Springs

Bell Partners to Rebrand SoCal Multifamily Property Silverado Apartment Homes to Bell Murrieta Springs...

Bell Partners has acquired Silverado Apartment Homes, a 492-unit apartment community located in Murrieta. The community was acquired on behalf of the company’s Value Add Fund VIII investors for $146.5 million and will be...
Rambler Tempe

LV Collective Starts Work on 829-Bed ASU Student Housing Project Rambler Tempe

LV Collective, Kayne Anderson Real Estate, and Pacific Life have closed on a student-oriented multifamily development Rambler in Tempe, Arizona. Located at 1020 East Apache, Tempe, Rambler is less than a quarter mile from...
Rockford Garden

Rockford Gardens Apartments Near San Diego Will Undergo Upgrades After Sale

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, closed the sale of Rockford Gardens, a 16-unit apartment complex located at 181 Ballantyne Street...
Victory Northgate

GMD Development and WNC & Associates Close Deal to Begin Construction on Victory Northgate...

GMD Development, a private, mission-based developer/owner of affordable housing based in the Pacific Northwest, and WNC & Associates (WNC), a family-owned business known as both a pioneer and leader in the affordable housing industry,...
Seneca

Amid Built-to-Rent Boom, First Luxury Residential Rental Community Seneca Lands in Las Vegas

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, is elevating the stage in Las Vegas with the debut of its...
Multifamily Properties

Capital Square Living Assumes Management of Three Tennessee Multifamily Properties

Capital Square Living, the property management subsidiary of Capital Square, one of the nation’s leading sponsors of tax-advantaged real estate investments and an active developer of multifamily communities, announced the assumption of management of...
Yield PRO