Tuesday, September 2, 2025

Deal boom

Apartment deals, mergers and acquisitions

The Averly Richmond Hill

ECI Group Breaks Ground on $60M Retail and Residential Mixed-Use Project The Averly Richmond...

ECI Group (ECI) on August 20th, 2025 celebrated the groundbreaking of The Averly Richmond Hill, a $60 million, 291-unit, mixed-use development with retail acreage along Ford Avenue in Richmond Hill, Georgia. Ashley Smith and Tyler...
Goodson Hills

Foss & Company Closes 23-Unit Affordable Housing Development Goodson Hills in Bristol Virginia

Foss & Company, a leading tax equity syndicator announced the successful closing of Goodson Hills, a newly constructed, townhouse-style apartment community in Bristol, VA. This 23-unit development will serve low-income families and marks Foss...
Park Villas Apartments

JLL Facilitates the Sale of Park Villas Apartments in St. Cloud MSA

JLL Capital Markets announced that it has arranged the sale of Park Villas Apartments, a 95-unit apartment community situated on seven acres in Waite Park, Minnesota. JLL represented the seller, Podawiltz Development Corporation, and secured...
Westbeth Artists Affordable Housing

Merchants Capital Secures $25M+ for Westbeth Artists Affordable Housing Development in New York City

Leading financial services provider Merchants Capital announced $25.2 million in financing as part of the recapitalization and rehabilitation of Westbeth Artists Affordable Housing, a 384-unit historic, mixed-use affordable artist housing development in New York...
89 Elm Apartments

Joint Venture Including WNC & Associates Announce New 201-Unit Affordable Housing Community 89 Elm...

WNC & Associates (WNC), a family-owned business known as both a pioneer and leader in the affordable housing industry; Avesta Housing, a regional nonprofit developer of affordable homes; and Reveler Development, the master developer...
West Gables Apartments

FCP Acquires 427-Unit District West Gables Apartments in West Miami

FCP® has acquired District West Gables, a 427-unit mid-rise apartment community in West Miami, Florida. "Executing in today's environment requires conviction and capital, and FCP is proud to continue expanding in South Florida with a...
Crosstown Parkway

Jonathan Rose Companies Acquires Crosstown Parkway Senior Housing Apartments in Kalamazoo for $20.5M

Jonathan Rose Companies, a leading mission-driven real estate investment and development firm, today announced the acquisition of Crosstown Parkway Apartments ("Crosstown"), a 201-unit, affordable housing community designated for elderly residents located at 550 W...
Cypress Point

Institutional Property Advisors Brokers $100M Sale of Cypress Point Apartments in Ventura County

Institutional Property Advisors (IPA), a division of Marcus & Millichap, dedicated to serving the company’s institutional clients, announced the $100 million sale of Cypress Point, a 268-unit multifamily property in Ventura, California. “Cypress Point is...
multifamily portfolio in Miami Beach

Marcus & Millichap Brokers Sale of 20-Unit Multifamily Portfolio in Miami Beach

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of a two-property, 20-unit multifamily portfolio in Miami Beach, Florida. "We received a...
Perrine Villas and Perrine Gardens

First Phase for the Redevelopment of Perrine Villas and Perrine Gardens Breaks Ground Along...

Miami-Dade County’s Department of Housing and Community Development (HCD) and Housing Finance Authority (HFA) of Miami-Dade County, along with Florida Housing Finance Corporation (FHFC) in partnership with Atlantic Pacific Companies (A|P), PNC Bank, NewPoint...
Momentum Blanding

Falcone Group Announces 240-unit Momentum Blanding Apartments are now Pre-Leasing in Jacksonville

Falcone Group, considered one of the nation’s top real estate development and investment firms, announced the start of pre-leasing for Momentum Blanding, a $50 million apartment community in the heart of Westside Jacksonville. Momentum Blanding...
Serenova Concierge Communities at Woodforest

Edison Equity Residential Introduces Serenova Concierge Communities at Woodforest near Houston

A new era of age-restricted living is coming to the Houston MSA, located in Montgomery, Texas, adjacent to The Woodlands. Serenova Concierge Communities' goal is to redefine 55+ living in the Houston area with...
Countryside Townhouses

Cinnaire Provides Over $38M in Financing to Preserve Affordable Housing at Countryside Townhouses near...

Cinnaire has announced the closing of a $12 million Low-Income Housing Tax Credit (LIHTC) equity investment as well as $23.5 million loan with their partners CPC Mortgage Company to support the preservation and rehabilitation...
Noble Square Portfolio

Marcus & Millichap Brokers $7.9M Sale of 38-unit Noble Square Multifamily Portfolio in Chicago

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of a six-property, 38-unit multifamily property portfolio in the Noble Square neighborhood...
Broadstone West End

Alliance Residential Company Opens Broadstone West End in Charlotte

Alliance Residential Company, one of the nation’s largest multifamily developers, has announced the opening of Broadstone West End, a 332-unit apartment community located at 2220 Wilkinson Boulevard in Charlotte’s vibrant FreeMoreWest neighborhood. Positioned on the...
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