Tuesday, November 26, 2024

Deal boom

Apartment deals, mergers and acquisitions

Sonder Fields Apartments

Gantry Secures Permanent Financing for Class A Multifamily Acquisition Sonder Fields Apartments Near Portland...

Gantry, the largest independent commercial mortgage banking firm in the U.S., has secured a permanent loan to fund the acquisition of the Sonder Fields Apartments, a class A multifamily complex located in Happy Valley,...
Lincoln Place

Kidder Mathews Arranges $7.62M Apartment Portfolio Sale Consisting of Coventry Estates and Lincoln Place...

Max Frame of the Simon Anderson team, a multifamily investment team at Kidder Mathews, successfully closed two apartment sales in Spokane, Washington this week. The properties included Coventry Estates and Lincoln Place. Frame represented the...
The Ridge Clemson

Landmark Properties Acquires The Ridge Clemson Student Housing Community Near Clemson University

Landmark Properties, a fully-integrated real estate firm specializing in the development, construction, acquisition, investment management, and operation of high-quality residential communities, has acquired The Ridge Clemson, a 616-bed, 184-unit student housing community at 205...
Ascent at Hover Crossing

Pennrose & Longmont Housing Authority Celebrate Groundbreaking of Ascent at Hover Crossing

Pennrose, Longmont Housing Authority (LHA), and project partners celebrated the groundbreaking of Ascent at Hover Crossing, a brand-new 75-unit affordable housing community in Longmont, Colorado. The $39 million development is expected to begin welcoming...
Modera Fort Lee

JLL Secures Joint Venture Partnership for Luxury Multifamily Land Development Project Modera Fort Lee...

JLL Capital Markets announced that it has arranged a joint-venture equity partnership for the development of Modera Fort Lee, a 253-unit luxury multifamily project in Fort Lee, New Jersey. JLL worked on behalf of the...
Hood Road

Griffith Pepdjonovic Group of Marcus & Millichap Arranges $4.6M Sale of Multifamily Property on...

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of a six-unit multifamily property located at 14 Mt. Hood Road in...
Eastern Union

Eastern Union Secures $20.4M to Refinance Conversion of 137-Unit Hotel Into Assisted Living Residence...

Eastern Union has arranged $20.4 million in refinancing toward the conversion of a six-story, 137-unit hotel in Plano, Texas into an assisted living residential community. Plano is located approximately 20 miles north of Dallas. Based...
1004 Des Plaines Avenue

Marcus & Millichap Brokers Sale of 15-Unit Apartment Property on Des Plaines Avenue in...

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of 1004 Des Plaines Avenue, a 15-unit apartment property located in Forest...
Fox Pointe

Housing Trust Group Breaks Ground on Fox Pointe, a 70-unit Affordable Housing Community in...

Housing Trust Group (HTG), a leading nationwide multifamily developer, has closed on financing and commenced construction of Fox Pointe, a $25.7 million affordable housing community in Daytona Beach. The property is expected to be...
One Jones Park

BHI Provides $38.7M in Financing to EPIRE for the Construction of 75-Unit Multifamily Development...

BHI, the U.S Branch of Bank Hapoalim, B.M. and a full-service commercial bank, announced that it has provided $38.7 Million in financing to 387 Eight Holdings LLC, an entity affiliated to development company EPIRE,...
Chapter Madison

Design Firm Lamar Johnson Collaborative Announces Completion of Much-Needed Student Housing Chapter Madison at...

Lamar Johnson Collaborative (LJC) announces the recent completion of Chapter Madison, a 10-story, 550-bed student housing development designed by the firm to address the need for campus-adjacent living at the University of Wisconsin –...
Crenshaw Grand Apartments

Buchanan Capital Partners Expands Portfolio with Strategic Acquisition of Crenshaw Grand Apartments and New...

Buchanan Capital Partners, "BCP", an Austin-based, zero-fee commercial real estate investment firm, announced the recent closing of three new multifamily investments; two ground-up developments located in New Braunfels, Texas, and Colorado Springs, Colorado, and...
Inland Empire Apartment Portfolio

Marcus & Millichap Closes $25M Nine-Property Inland Empire Apartment Portfolio Sale

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of a nine-property portfolio of eight apartment buildings and a four-tenant retail...
VRV

BWE secures $108.38M for Recently Completed Orange County Multifamily Project VRV

BWE, a national commercial and multifamily mortgage banking company, announced that it has secured total capital of $108.38 million for the VRV, a recently completed luxury apartment property in Stanton, California (Orange County). Tom Kenny,...
Minnesota Commons Apartments

Red Oak Capital Holdings Provides $15.5M for Redevelopment of Minnesota Commons Apartments in Washington...

Red Oak Capital Holdings, LLC has provided a $15.5 million bridge loan for Minnesota Commons Apartments in Washington, D.C. The funds will be used to acquire and rehabilitate the garden apartment community, which will...
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