Deal boom

Apartment deals, mergers and acquisitions

Metro 7000

Comunidad Partners acquires 206-unit affordable multifamily asset in East Fort Worth, Texas

Comunidad Partners, a minority and women-owned real estate investment firm that specializes in workforce / affordable housing communities in culturally diverse neighborhoods, has recently acquired Metro 7000, a 206-unit affordable housing community in Fort...
The Proper

DivcoWest and Blackfin purchase 384-unit Raleigh multifamily community

A partnership between DivcoWest and Blackfin Real Estate Investors has completed the purchase of The Proper, a 384-unit residential community located at 403 Wolf Creek Circle in Raleigh, North Carolina. Built as high-end student...
Vanowen Collection

Stepp Commercial completes $3.5 million sale of Vanowen Collection, an 18-unit apartment property in...

Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $3.5 million sale of Vanowen Collection, an 18-unit apartment property located at 12715 to 12719 Vanowen Street in North...
Park Place Apartments

Next Wave bolsters Pacific Northwest portfolio with acquisition of 65-unit multifamily community in Spokane...

Next Wave Investors, LLC (Next Wave), a private equity firm focused on value-add multifamily investments, has acquired Park Place Apartments, a 65-unit community in the Spokane submarket of Spokane Valley, Washington in an off-market...
Meridian at the Port

Cushman & Wakefield arranges multifamily sale on behalf of Bristol Mobile Partners

Cushman & Wakefield announced the commercial real estate services firm has arranged the sale of Meridian at the Port, a 267-unit apartment community located in Downtown Mobile, Alabama. Jimmy Adams and Craig Hey of Cushman...
Country Club Garden Apartments

CBRE sells Country Club Garden Apartments to The Hamilton Company for $59.5 million

CBRE announced the sale of Country Club Garden Apartments located at 57 Mill Street in Woburn, Massachusetts, for $59,550,000. CBRE Capital Markets’ multihousing experts Simon Butler and Biria St. John exclusively represented the seller, Ninety Three...
Legacy Haywood

Cushman & Wakefield arranges sale on behalf of Daniel Corporation

Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of Legacy Haywood, a 244-unit apartment community located in Greenville, South Carolina. Tai Cohen, Jordan McCarley and Marc Robinson of...
Paloma Del Mar Apartments

BRIDGE Housing acquires Paloma Del Mar, preserves 130 affordable homes for seniors

BRIDGE Housing has acquired the 130-apartment Paloma Del Mar Apartments in Freedom, a community that is partially within the incorporated city of Watsonville in Santa Cruz County. Originally built in 1993, Paloma Del Mar features...
Desert Shadows

Thayer Manca Residential adds Tucson property to growing Arizona portfolio

Thayer Manca Residential (TMR) has purchased their newest multifamily property in Tucson, Ariz. TMR purchased Desert Shadows, a 338-unit property for $69,300,000.  Desert Shadows is the third property in TMR’s growing Tucson portfolio. TMR acquired...
7070 Sheridan

Interra Realty brokers $3.5 million multifamily sale in Chicago’s Rogers Park Neighborhood

Interra Realty, a Chicago-based commercial real estate investment services firm, today announced it brokered the sale of 7070 N. Sheridan Road, a 24-unit rental community in Chicago’s Rogers Park neighborhood that overlooks Loyola Park...
The Place at Presidio Trails

MC Companies completes $72.7 million in refinancing for Arizona, Oklahoma multifamily assets

Full-service multifamily investment, management and development firm MC Companies has secured more than $72.7 million through the refinance of four Class A and B multifamily properties in Arizona and Oklahoma. The capital will be...

Stepp Commercial completes $4.65 million sale of a value-add 20-unit apartment property in North...

Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the approximately $4.65 million sale of a value-add 20-unit apartment property located at 5075 Atlantic Avenue in north Long Beach. Principal...
The Huntington

Institutional Property Advisors completes luxury multifamily asset sale in Dallas-Fort Worth

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of The Huntington, a 320-unit, five-story luxury multifamily property in Plano, Texas. “Located within the most prolific growth corridor in the country,...
Regency Hill Apartments

38-unit Regency Hill Apartments in Woodbury fetches $230,000 per unit

JLL Capital Markets announced it handled the $8.725 million sale of the 38-unit Regency Hill Apartments located in Woodbury, Minnesota, part of the Minneapolis-Saint Paul metropolitan area. JLL represented the seller, Bigos and Williams-Regency Hill,...

Avanath acquires three affordable housing properties totaling 317-units in Chicago and Maryland for $55.05...

Avanath Capital Management, LLC, a private real estate investment manager and Registered Investment Adviser, has purchased three affordable housing communities with a combined total of 317 units in Chicago and Maryland. The assets were...
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