Deal boom

Apartment deals, mergers and acquisitions

Playa Pacifica

Institutional Property Advisors brokers two-property $275 million multifamily portfolio sale along the Southern California...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of two adjacent multifamily assets located two blocks from the beach in Hermosa Beach, California. The assets are 285-unit Playa Pacifica...
Grand Oaks

The Multifamily Group brokers 73 units in Shreveport

The Multifamily Group (TMG), a Dallas-based commercial real estate brokerage firm, announced this week it had facilitated Grand Oaks' sale in Shreveport. Managing Director Evan Burke represented the seller and procured the buyer. "Northern Louisiana...
Lois Landing Apartments

Stepp Commercial completes $10.35 million 1031 exchange acquisition of Lois Landing Apartments, a 56-unit...

Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $10.35 million acquisition of Lois Landing Apartments, a 56-unit apartment property located at 115 South Lois Avenue in Tampa,...

Rieber Developments debuts mixed-use 12|12 Aventura project, establishing the New Aventura Medical District

Aventura-based Rieber Developments today unveiled plans for 12|12 Aventura, a premier mixed-use project with offices for medical professionals, a luxury senior living component and vibrant dining and shopping. Set to be among the first of...
1066 Coronado Avenue

Stepp Commercial completes $2.4 million sale of 8-unit apartment property in Eastside Submarket of...

Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the approximately $2.4 million sale of an eight-unit apartment property located at 1066 Coronado Avenue in Long Beach, CA. Principal Robert...

HFF closes $57.3M sale of Solis Berewick in Charlotte, North Carolina

Holliday Fenoglio Fowler, L.P. (HFF) announces it has closed the $57.3 million sale of Solis Berewick, a 275-unit, Class A apartment community in Charlotte, North Carolina. HFF marketed the property on behalf of the seller,...

Cushman & Wakefield brokers sale of Morristown, N.J., multifamily asset

A downtown Morristown apartment community has traded in an early fourth quarter sale brokered by Cushman & Wakefield’s New Jersey capital markets team. Pacific Urban Residential LLC acquired The Highlands at Morristown Station, a...
The Julian at South Pointe

Suburban Dallas/Fort Worth multifamily asset sold by Institutional Property Advisors

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of The Julian at South Pointe, a newly constructed, 225-unit multifamily asset in Mansfield, Texas.The property was built on 9.74 acres...
563-565 Nostrand Avenue

GFI Realty Services arranges $3.55 million sale of two adjacent mixed-use Crown Heights buildings

GFI Realty Services, LLC announced the $3.55-million sale of 563-565 Nostrand Avenue, two adjacent three-story mixed-use buildings consisting of eight free market apartments and two ground floor retail units, located in the Crown Heights...

Levin Johnston directs $20 million land sale for development of 60-unit townhome community

Levin Johnston of Marcus and Millichap, one of the top brokerage teams in the U.S. specializing in wealth management through commercial real estate investments, has successfully directed the $20 million sale of a 3.26-acre...
Northridge Apartments

Franklin Street brokers $21 million sale of Northridge Apartments in Saint Petersburg, Florida

Franklin Street brokered the sale of the Northridge Apartments, a 203- unit rental community located in the city of Saint Petersburg, Florida. Franklin Street’s Tampa multifamily team, Kevin Kelleher, Darron Kattan and Zach Ames represented the...

LYND arranges acquisition of 569 apartment units in Illinois for Invest in America’s Veterans...

National multifamily real estate company LYND led the acquisition of two Illinois apartment communities that will provide quality and safe housing for American military veterans. The transaction further expands the Texas-based firm’s footprint in...

HFF announces joint venture equity for 2 adjacent apartment communities in Dallas

Holliday Fenoglio Fowler, L.P. (“HFF”) announces a joint venture equity raise for the acquisition of two adjacent apartment communities in Dallas, Texas, totaling 712 units – Emory at Horizon North and Ashmore at Horizon...

Jonathan Rose Companies and Columbia Residential celebrate grand reopening of affordable housing community following...

Jonathan Rose Companies, in partnership with Columbia Residential, celebrated the completed $18 million redevelopment of Amani Place (formerly Edgewood Court) with a ribbon-cutting ceremony followed by property tours on Oct. 22. The partners have...

Preserving Affordable Workforce Housing in Maryland

Maryland-based The Severn Companies and nationally recognized Enterprise Community Investment Inc. (Enterprise) have partnered to acquire Ivy Crossing, a 99-unit multifamily property in Catonsville, MD. Ivy Crossing, built in 1947, provides vital affordable workforce...
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