Deal boom

Apartment deals, mergers and acquisitions

The Residences at Hamilton Lakes

JVM Realty Corp. acquires luxury multifamily community in DuPage County, Illinois

JVM Realty Corp., a leading vertically integrated multifamily real estate investment and property management firm, announced the acquisition of The Residences at Hamilton Lakes, a 297-unit luxury apartment community in the highly desirable northwest...
Portola West Valley

SB Real Estate Partners sells Phoenix multifamily portfolio to Rise48 for $96.4 million

SB Real Estate Partners (SBREP) has completed the sale of a two-property, 365-unit multifamily portfolio in Phoenix, Arizona to Rise48 Equity for $96.4 million. The sale, structured as separate transactions closing two weeks apart, included...
The Boulevard

Davlyn Investments acquires third Phoenix apartment community

Davlyn Investments, a prominent California-based, multifamily investment firm, recently closed escrow on the $112,500,000 purchase of The Boulevard, a 294-unit, luxury, multifamily community in Phoenix, Arizona. The property, which will be re-branded “Boulders at...
Promenade at Ocala

Cushman & Wakefield arranges sale & acquisition of Promenade at Ocala in Central Florida

Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale and acquisition of the Promenade at Ocala, a 241-unit multifamily community located at 1421 SW 27th Ave. Mike Donaldson and...
The Madeira Apartments

Cushman & Wakefield arranges sale of The Madeira Apartments, a 119,920-sf multifamily property

Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of The Madeira Apartments, a 138-unit multifamily community located at 7533 38th Avenue N. Nick Meoli and Mike Donaldson of...
McKinley Park Apartments

McKinley Park Apartments to be Transformed into Affordable Housing for Seniors

The transformation of Canton’s McKinley Park Apartments into an affordable housing community moved another step closer to reality in December, after The Ohio Department of Development awarded the redevelopment $2 million in state historic...
Lincoln Washington Apartments

Stos Partners expands its multifamily holdings with acquisition of third apartment community in Southern...

Stos Partners, one of the most active commercial real estate investment and management firms in Southern California, recently acquired Lincoln Washington Apartments, a 25-unit multifamily property in the El Cajon submarket of San Diego...
Smith-Beretania Apartments

CPP Housing joins with local Hawaii partners to preserve affordable housing in Honolulu

Community Preservation Partners (CPP), a mission-driven affordable housing preservation developer, announced its acquisition of the Smith-Beretania Apartments in Honolulu, a 22-floor high-rise affordable housing complex that houses 164 one- and two-bedroom units, all of...
3708-14 N. Sheffield Ave

Interra Realty brokers $7.4 million sale of 26-unit multifamily building in Chicago’s Wrigleyville Neighborhood

Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the off-market sale of 3708-14 N. Sheffield Ave., a 26-unit vintage courtyard building in Chicago’s Wrigleyville neighborhood, steps from Wrigley Field. The...

Moline Management, LLC acquiers 214 unit mature LIHTC portfolio

Moline Investment Management (MIM), an affordable and market-rate housing specialist investment manager focused on the development, redevelopment, ownership, and operation of multifamily assets across the Midwest and Central U.S. has acquired a 214-unit mature...

FCP provides $67.1 million in preferred equity for multifamily through structured investments platform in...

FCP announces $67.1 million in preferred equity has been invested through its Structured Investments platform in five multifamily properties in New York, Pennsylvania, Texas, and Maryland. “These investments demonstrate the breadth and reach of our Structured...
The Post

PCCP, LLC provides a $75 million loan to Griffis Residential for the acquisition and...

PCCP, LLC has provided a $75 million senior loan to Griffis Residential for the acquisition and repositioning of The Post, a 16-story, 208-unit apartment property located at 888 Western Avenue in downtown Seattle. Situated at...
Vermella at Garwood Station

$80 million in refinancing secured for pre-stabilized multihousing property

JLL Capital Markets announced that it has arranged $80 million in pre-stabilized permanent financing for Vermella at Garwood Station, a newly built, 296-unit, transit-oriented, luxury apartment building located in Garwood, New Jersey. JLL worked on...
Radius at Shadow Creek

Berkadia arranges contribution and finance of 1,115-unit multifamily portfolio in Texas and Florida

Berkadia has arranged the contribution and finance of the Southstar Sunbelt Multifamily Portfolio, a four-property portfolio consisting of 1,115 apartment units in Texas and Florida. Senior Managing Directors Chris Curry and Todd Marix, along...
Vara

ABI Multifamily brokers 21-unit East Phoenix apartment community for $3.79 million

ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $3,790,000 / $180,476 Per Unit / $263.19 Per SF sale of Vara, a 21-unit multifamily...
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