Monday, March 18, 2024

Deal boom

Apartment deals, mergers and acquisitions

Camber Ranch

New 483-Unit Residential Community Camber Ranch Completed in Northeast Austin Texas

Camber Ranch, a new 483-unit apartment community in Austin, Texas has been completed with the first residents moving in. Designed by Humphreys & Partners, the multifamily project is a development of Legacy Partners and...
Manor House

Institutional Property Advisors Closes Multifamily Asset Sale Manor House in Suburban Hartford Connecticut

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Manor House, a two-story, 125-unit multifamily property in Bloomfield, Connecticut. “Vintage assets with accretive in-place assumable financing and value-add potential like...
Anacapa Canyon Pool

Residents are Moving into New Kennedy Wilson Master-Planned Residential Community Anacapa Canyon in Camarillo...

Anacapa Canyon, a new master-planned community developed by Kennedy Wilson in Camarillo, has been completed with the first residents moving in. The newly built community represents a unique public-private partnership with California State University Channel...
Home at Ashcroft

Lynd Opens Decorated Models for Home at Ashcroft, a New Build-to-Rent Community with 178...

Lynd, a national real estate development and property management firm, announced the opening of its two decorated models for Home at Ashcroft, a new build-to-rent (BTR) planned community at 137 Dorset Avenue in Oswego,...
West Wind Townhomes

Northmarq Finalizes Sale of 95-Unit Build-to-Rent Community West Wind Townhomes in Northern Virginia

A Northmarq specialty Build-To-Rent team led by Ari Azarbarzin and Gabe Tovar has completed the sale of West Wind Townhomes, a 95-unit, build-to-rent community located at 113 Holt Court in Stephens City, a northern...
Old Town Alexandria

Mesa West Capital Originates $26.1M Mezzanine Loan to Fill Gap in Construction Financing for...

Mesa West Capital has provided American Real Estate Partners (AREP) with a $26.1 million mezzanine loan to facilitate the conversion of a 200,000-square-foot office building into a 199-unit multifamily community in Old Town Alexandria,...
Cobalt Apartments

JLL Arranged Acquisition Financing for a 135-unit Cobalt Apartments in Culver City California

JLL Capital Markets announced that it secured acquisition financing for Cobalt Apartments, a 135-unit multi-housing asset with 14,754 square feet of ground floor retail in Culver City, California. JLL represented the buyer, Helio Group, in securing...
BCT Development

Bain Capital Real Estate and Cherry Tree Capital Partners Form Joint Venture ‘BCT Development’...

Bain Capital Real Estate and Cherry Tree Capital Partners announced the formation of BCT Development, a strategic joint venture focused on the ground-up development of premier rental townhome communities throughout Southern California. The joint...
Crossroads at Town Center

JLL Arranged the Acquisition Financing for the 141-Unit Crossroads at Town Center in Jacksonville...

JLL Capital Markets announced that it has closed the $32.75 million “CofO” acquisition financing of Crossroads at Town Center, a 141-unit, build-for-rent townhome community in Jacksonville, Florida. 360 Communities and PCCP will acquire groups of...
The William

Newmark Facilitates Sale and Financing of Premier Student Housing Asset The William Near University...

Newmark announces it has arranged the sale and financing of The William, a 164-unit, 370-bed student housing asset located in Athens, Georgia, serving the esteemed University of Georgia (UGA). Newmark Vice Chairman and head of...
Hearthstone at City Center

The Bascom Group Acquires Multifamily Community Hearthstone at City Center in Aurora Colorado for...

An affiliate of Oberndorf Real Estate Management, LP. formerly known as The Axton Group, and The Bascom Group, LLC, announced that they have closed on the acquisition of the 360-unit Hearthstone at City Center,...
The Peak at Oro Valley

Institutional Property Advisors Closes Suburban Tucson Multifamily Asset Sale The Peak at Oro Valley

Institutional Property Advisors, a division of Marcus & Millichap, announced the sale of The Peak at Oro Valley, a 330-unit multifamily property in Tucson, Arizona. “With strong resident demand and robust operational performance, The Peak...
San Miguel Court

The Bascom Group Acquires 96-Unit Apartment Community San Miguel Court in Santa Fe New...

The Bascom Group, LLC has acquired San Miguel Court Apartments, a 1974 built, 96-unit garden-style multifamily property located at 2029 Calle Lorca in Santa Fe, New Mexico. Ryan Greer and CJ Connelly of CBRE arranged the debt financing...
Broadstone Edition

KTGY and Alliance Residential Announce Completion of Broadstone Edition in Irvine California

KTGY and Alliance Residential have announced the completion of Broadstone Edition, a community with 264 for-rent apartments in Irvine, California. KTGY's design addresses the diverse housing demands in the Orange County area with a mix...
12 Panoramic Way

JLL Arranged the Acquisition Financing of the 13-Unit, Six-Story 12 Panoramic Way in Berkeley...

JLL Capital Markets announced that it has arranged the $5.2 million acquisition financing for 12 Panoramic Way, a 13-unit, six-story student housing community located near the campus of University of California, Berkeley. Built in 1948,...
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