Deal boom

Apartment deals, mergers and acquisitions

Timberline Apartments

GFI Realty Services arranges $9.375 million sale of 307 unit garden apartment complex in...

GFI Realty Services, LLC announced the $9.375-million sale of Timberline Apartments aka 5900 Kinkead Avenue, a 307-unit garden apartment complex, located in Fort Smith, Arkansas. GFI Realty Associate Director Ohad Babo and Associate Eli...
Parc Place Apartments

LYND acquires Miami apartment asset for over $40 million

LYND continues its robust investment activity in South Florida with the acquisition of a 234-unit garden-style apartment community in Miami. The Texas-based multifamily investor, developer and operator paid $40.8 million for the Parc Place...
Infield Apartments

$61 million construction loan secured to build Class A apartments in Kissimmee

JLL Capital Markets announced it secured a $61 million construction loan and preferred equity for the Infield Apartments, a multihousing development located in Kissimmee, Florida, just south of Orlando. JLL worked on behalf of the...
Blue Back Square

Mixed-use property in West Hartford sells for $40.5 million

JLL Capital Markets announced that it has closed the $40.5 million sale of Blue Back Square, a dynamic 445,661-square-foot mixed-use property with ground floor retail, best-in-class office and medical office space, along with 48...
Autumn Grove

Institutional Property Advisors brokers newly constructed multifamily asset sale in Pacific Northwest

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Autumn Grove, a 148-unit multifamily asset in Vancouver, Washington. “This investment by The Calida Group marks the Las Vegas-based company’s first...
1221 Broadway Swimming Pool

Decron Properties acquires Class A multifamily community in Tempe, Arizona for $64.750 million

Decron Properties has made its second acquisition in the Phoenix MSA in the past six weeks with the purchase of 1221 Broadway, a 194-unit Class-A multifamily community in Tempe, Ariz. for $64.750 million. Decron made...
Muir Lake Apartments

Old Three Hundred Capital secures $61.4 million in financing for the acquisition of the...

JLL Capital Markets announced it arranged a total of $61.4 million in acquisition financing for Muir Lake Apartments, a multihousing property located in Cedar Park, near Austin, Texas. JLL worked on behalf of the borrower,...
101 West

Trophy Barrington multihousing property purchased for $20.75 million

JLL Capital Markets announced it closed the $20.75 million sale of 101 West, a trophy apartment community located in the sought-after suburb of Barrington, Illinois, which is about 40 miles from Chicago. JLL worked on...
Limestone Oaks

The Multifamily Group brokers 400 units in San Antonio, Texas

The Multifamily Group (TMG), a Dallas-based commercial real estate brokerage firm, announced this week it had facilitated Limestone Oaks & Townhomes at Limestone Oaks’ sale in San Antonio. Managing Director Bryce Smith represented the...
Mosaic at Oak Creek Apartments

ECI Group acquires Mosaic at Oak Creek Apartments, adding to Southwest Florida portfolio

ECI Group announces the acquisition of Mosaic at Oak Creek Apartments, a 273-unit community with 7,354 square feet of retail in Bonita Springs, Fla. The development was completed in 2020 by Mosaic Development. Financing...
1000 Redondo Avenue

Stepp Commercial completes $4.455 million sale of 20-unit apartment property in Long Beach, California

Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $4.455 million sale of a 20-unit apartment property located at 1000 Redondo Avenue in the Eastside submarket of Long...
1351 Fawcett

Knighthead Funding LLC provides $20.9 million for multifamily Community in Tacoma, Washington

Knighthead Funding LLC has provided a $20.9 million loan for the construction of an eight-story, 115-unit multifamily building in Tacoma WA. The Sponsor is a single purpose entity formed by three local investors who have...
17 Webster Place, East Orange NJ

Gebroe-Hammer’s David Oropeza arranges $14.95 million East Orange portfolio sale

In East Orange, where transportation and connectivity are at the crux of the city’s urban revival, a 113-unit, three-property multifamily portfolio has traded for $14.95M in a sale orchestrated by Gebroe-Hammer Associates. Executive Managing...
Broadstone Rio Salado

Decron Properties enters new market with $96.150 million multifamily acquisition in Tempe, Arizona

Decron Properties has made its initial entry into the Arizona real estate market with the acquisition of Broadstone Rio Salado, a 278-unit multifamily property in Tempe, Ariz. for $96,150,000. Completed in 2020, Broadstone Rio Salado’s...
PARQ at Chesterfield

Passco acquires 345-unit Class A multifamily asset in Chesterfield, Missouri for $98 million

Passco Companies, a privately held California-based commercial real estate company that specializes in acquisition, development, and property and asset management throughout the U.S., has acquired a luxury Class A, trophy multifamily asset in Chesterfield,...
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