Friday, April 26, 2024

Deal boom

Apartment deals, mergers and acquisitions

Ranch at Moorpark

Decron Sells Multifamily Community Ranch at Moorpark in Ventura County California for $133.2M

Decron Properties has sold Ranch at Moorpark, a 376-unit multifamily community in Moorpark, California to AEW Capital Management for $133.2 million. The Ranch at Moorpark offers luxurious California style living, with a combination of abundant...
Westbend South

Trademark Property Company Announces Plans to Develop 300-unit Multifamily Project Westbend South in FW...

Mixed-use development powerhouse Trademark Property Company is planning another Fort Worth, Texas project. Westbend South is a planned seven-story apartment complex nested beside the Trinity River near the active Westbend development. Trademark has had...
Alameda

The Housing Authority of the City of Alameda Announces Construction Has Commenced for The...

The Housing Authority of the City of Alameda (AHA) is pleased to announce that over 100 new affordable homes are coming to the City of Alameda via two new housing developments (The Estuary I...
Project Rendon

ARCTRUST Launches Project Rendon LLC Offering to Fund Development of 288-unit Dallas Multifamily Community

ARCTRUST Private Capital, the capital markets division of the ARCTRUST Group of Companies, announced the launch of Project Rendon LLC, a Regulation D private placement offering available to accredited investors under Rule 506(c). Project...
Vero Beach Apartments

Marcus & Millichap Facilitates $2.35M Sale of Vero Beach Apartments

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Vero Beach Apartments in Vero Beach, Florida, for $2,350,000. “The Vero Beach...
LaTerra

LaTerra Burbank Will Deliver a 573-unit Mixed Use Multifamily Property to Northern Los Angeles

Burbank’s vibrant downtown core is evolving as a sought-after mixed-use environment with the coming addition of close to 1,000 housing units and hotels from LaTerra Development, LLC. These new LaTerra Burbank developments are part...
Montego Square Apartments

Alliance Companies Breaks Ground and Secures Funding for 280-Unit Montego Square Apartments

Alliance Companies is moving forward with the development of their 280-unit Montego Square Apartments located at 4051 Winkler Avenue in Ft. Myers, Florida, following a loan closing on the $57.3 million construction project and...
Oakmont Apartments

JLL Arranged the Sale for Oakmont Apartments Near Minneapolis Minnesota

JLL Capital Markets announced that it closed the sale of Oakmont Apartments, a 48-unit multi-housing community located in Coon Rapids, Minnesota. On behalf of Gaughan Companies, JLL facilitated the sale of Oakmont as part of...
BOLOUR

BOLOUR Provides Over $20M in Debt for Three-Site Southern California Retail Portfolio for 375...

Bolour Associates Inc. announced that it has provided over $20 million in debt financing for the redevelopment of three Southern California retail projects with North Carolina-based Grubb Properties. BOLOUR is a privately owned real estate...
Trailhead at Chisholm Trail Ranch

Willow Bridge Announces Trailhead at Chisholm Trail Ranch Apartments Now Pre-Leasing in South Fort...

Trailhead at Chisholm Trail Ranch, a 284-unit apartment community in South Fort Worth, is now pre-leasing. Developed by Aberg Property Company and Titan Development, Trailhead at Chisholm Trail Ranch is nestled within the 600-acre...
Englewood Senior

The Benoit Group and Atlanta Housing Announce Financial Closing of the $72M Affordable Englewood...

The Benoit Group, a national multifamily and commercial real estate developer, owner, and operator headquartered in Atlanta, in partnership with Atlanta Housing, Georgia's largest public housing authority, announced the financial closing for the development...
Mosaic Apartments

Rise48 Equity Celebrates Milestone 50th Multifamily Acquisition with Mosaic Apartments in the Dallas MSA

Rise48 Equity, a leading multifamily investment group, announced the acquisition of Mosaic Apartments in the DFW area of Texas. Rise48 Equity has plans to revitalize Mosaic Apartments, soon to be rebranded Rise Fossil Creek, with...
Hangar at Thunderbird

Institutional Property Advisors Brokers Sale and Arranges Financing for $69M Glendale Multifamily Asset Hangar...

Institutional Property Advisors, a division of Marcus & Millichap, announced the sale and financing of Hangar at Thunderbird, a 266-unit multifamily property in Glendale, Arizona. “Just one other market-rate multifamily asset with 100 units or more...
La Pat Courtyard Apartment

CBRE Arranges Sale of 30-Unit La Pat Courtyard Apartment Community in Westminster California

CBRE announced the sale of a 30-unit multifamily community La Pat Courtyard Apartments in Westminster, California to a private investor for $10,025,000. The transaction marked the city’s largest multifamily sale in the past 12...
Courtyard

Emerald Heights Welcomes First Residents to New Assisted Living Courtyard Building Near Bellevue Washington

Emerald Heights, a senior living community in Redmond, Washington, officially opened the doors to their newest addition, Courtyard, and started welcoming their first residents. The three-level Courtyard building offers six apartment designs including one-bedroom, one-bedroom...
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