Tuesday, November 26, 2024

Deal boom

Apartment deals, mergers and acquisitions

Onnix

Institutional Property Advisors brokers $117.5 million multifamily asset sale in Tempe, Arizona

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Onnix, a 659-unit multifamily asset in Tempe, Ariz. The property sold for $117.5 million, which equates to $178,300 per unit. “Proximate...

Kiser Group brokers Evanston multifamily portfolio for $17 million

Kiser Group, Chicago’s leading mid-market multifamily brokerage firm, recently brokered an Evanston Portfolio for $17,025,000. The properties are located at 1940 Sherman Avenue and 829 Foster Street in Evanston, Illinois. The buyer, an undisclosed...
Clearfield Apartments

Berkadia Secures $13.6M in Refinancing for Affordable Housing Community Clearfield Apartments in Philadelphia

Berkadia announced the financing of Clearfield Apartments, a 48-unit affordable housing property in Philadelphia, Pennsylvania. Senior Vice President Chris McGraw of Berkadia Charlotte secured the $13.6 million Low-income Housing Tax Credit (LIHTC) equity investment on...
B-Side Apartments

JLL Facilitates Sale for 147-unit B-Side Apartments in South Minneapolis

JLL Capital Markets announced that it has closed the sale of B-Side Apartments, a 147-unit, transit-oriented multifamily community in Minneapolis, Minnesota. JLL represented the seller, Saturday Properties, and procured the buyer, Turner Impact Capital, a...
Sunset Peak Apartment Homes

Avanti Residential and Trinity Investors partner on 184-unit apartment complex in Metro Denver

Avanti Residential has partnered with Trinity Investors in the $45 million acquisition and recapitalization of Sunset Peak Apartment Homes, a 184-unit multifamily community located north of downtown Denver in Thornton, Colorado. The project is unique...

Cushman & Wakefield pepresents Atlantic Housing Foundation in $29.5 million sale of Watermans Crossing...

Cushman & Wakefield, as the exclusive agent, has negotiated the sale of Watermans Crossing, a multifamily community positioned along the Hillsborough River in the Wellswood submarket of Tampa. The 337-unit property sold for $29.5...
Linden Square Apartments

RISE Properties Trust and Aegon Real Assets US acquire Linden Square Apartments in North...

RISE Properties Trust (“RISE”) a Canadian real estate trust based in Seattle, and Aegon Real Assets US (“Aegon RA”), an indirect wholly owned subsidiary of Aegon N.V., a multinational life insurance, pensions and asset...
Hudson Place Apartments

RPH Multifamily Group of Marcus & Millichap arranges the sale of a 44-unit apartment...

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Hudson Place Apartments, a 44-unit apartment property located in Clearwater, Florida,...
Bella View

Haven Realty Capital surpasses $1.1 billion in build-to-rent portfolio value

Haven Realty Capital, one of the most active investor/operators of build-to-rent (BTR) communities in the United States, has surpassed $1.1 billion in controlled BTR assets, achieving the milestone in less than 15 months. Leveraging more...

March 13 bid deadline set for Cold Spring Hills, N.Y., development site

Cushman & Wakefield has announced March 13 as the bid deadline for a 13.28-acre multifamily development opportunity in Cold Spring Hills. Set between the prestigious Cold Spring Country Club and famed Oheka Castle, the...
Village at Eastpointe Apartments

Berkadia arranges debt & equity recapitalization of Fort Lauderdale apartment community

Berkadia announces it has secured a senior lender and preferred equity provider for the $51.5 million refinancing of The Village at Eastpointe Apartments, a 296-unit apartment complex located in Fort Lauderdale, Florida. Managing Director...

Marcus & Millichap arranges the sale of Hampton Terrace, a 16-unit apartment building in...

Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of Hampton Terrace, a 16-unit apartment property located in Tampa, Fla.,...
Texarkana Portfolio

Marcus & Millichap Announces Sale of Five-Property 231-Unit Multifamily Portfolio in Texarkana Texas

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of a five-property, 231-unit multifamily portfolio in Texarkana, Texas. The Texarkana Portfolio...
The Vue at Pinnacle Park

JLL completes $47.55M sale of The Vue at Pinnacle Park

JLL announced today that it has closed the $47.55 million sale of The Vue at Pinnacle Park, a 285-home, Class A apartment community located in Fitchburg, Wisconsin, a suburb to the south of Madison. JLL...
Fields Waterford Point

Fogelman Partnership completes acquisition of 334-unit multifamily community in Atlanta

Fogelman Properties, one of the country’s largest, privately-owned and fully integrated multifamily investment and property management companies, is pleased to announce the acquisition of Fields Waterford Point, a 334-unit multifamily community located in Lithia...
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