Deal boom

Apartment deals, mergers and acquisitions

Parc Place Villas

Cushman & Wakefield arranges $41.25 million sale on behalf of Coastline Management Group Inc....

Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of Parc Place Villas, a 300-unit apartment community located in Tampa, Florida, on behalf of Coastline Management Group Inc....
Elan Memorial Park at twilight

DLP Capital and ORP Investments acquire mixed-use multifamily community in heart of thriving Houston...

DLP Capital, a private real estate investment and financial services firm, announced that it has purchased a Houston-area multifamily property, Elan Memorial Park, in partnership with Texas-based ORP Investments Inc. The mixed-use property, with...

Cushman & Wakefield represents Symcor Capital Partners in $15.2 million sale of Tampa Bay...

Cushman & Wakefield has arranged the sale of The Park at Ashley Place, a 143-unit, garden-style apartment community located approximately 30 miles north of Tampa in New Port Richey. The value-add property sold for...
Essex on the Park

Oxford-Quadrum venture sells luxury apartment building Essex on the Park on Chicago’s Michigan Avenue

In one of the largest transactions of 2020, a joint venture between Oxford Capital Group, LLC and Quadrum Global has sold Essex on the Park, the 56-story, 607-foot, 479-unit, modernist tower, which it developed...
Villa Valentino

Universe Holdings acquires historic multifamily community in Hollywood for $6.9 million

Universe Holdings has acquired, Villa Valentino, an historic 18-unit multifamily community in Hollywood, CA for $6.9 million. Built in 1926, the property at 2000 N. Highland Boulevard and once home to Charlie Chaplin is registered...
1835 N Flint Avenue

Parkview Financial originates $19 million construction loan for 134-unit multifamily project with a ground...

Parkview Financial announced it has provided a $19 million leasehold construction loan to Ethos Development to build a seven-story, 134-unit multifamily project located at 1835 N Flint Avenue, Portland, Oregon. Ethos purchased the 0.36-acre site...
Mt. Carmel and Mt. Village

Mt. Carmel and Mt. Village Apartments sell for $2.8 million

Affordable Housing Investment Brokerage Inc. recently sold two Waterloo, Iowa apartment complexes, Mt. Carmel and Mt. Village, for $2,800,000. Managing Director Kyle Shoemaker and Senior Vice President Dan Piatkowski, represented both the purchaser, a...

Revel Vegas, a refined senior community in Las Vegas, now pre-leasing

The Wolff Company—a Scottsdale-based private equity firm and developer—today announced that pre-leasing has begun for its new refined senior community: Revel Vegas. Located just five minutes from the Siena Golf Course, Revel offers exclusive...
701 NE 16th Ave

Franklin Street arranges $10.3 million sale of 43-unit multifamily portfolio in Fort Lauderdale, Florida

Franklin Street has arranged the acquisition of a value-add multifamily portfolio consisting of four properties and 43 units in Fort Lauderdale. The 100 percent occupied, 33,557-square-foot portfolio traded for $10.3 million, or $239,535 per...
Latitude at West Ashley

Trion Properties continues Southeast expansion with acquisition of 312-unit multifamily community in Charleston, South...

Trion Properties, a private equity real estate firm based in West Hollywood, California and Miami, Florida specializing in multifamily investments, has expanded its Southeast presence with the acquisition of Latitude at West Ashley, a...

Tower 16 Capital Partners acquires 228-unit apartment community in Las Vegas

San Diego-based Tower 16 Capital Partners and Henley USA have partnered to launch Altura, a new brand of multifamily apartment communities in Las Vegas. The partnership made their first acquisition last month, a 228-unit...

Red Capital Group arranges $7.8 million construction loan to convert historic building to apartments...

Red Capital Group LLC (RED) recently arranged a $7.8 million construction loan for Tobacco Road apartments, an adaptive reuse of an historic building in Landisville (Lancaster County), Pennsylvania. Total project cost is $9.6 million. The...
Alta LeftBank

Institutional Property Advisors completes two-property Fort Worth multifamily sale

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Alta LeftBank, a two-property multifamily asset totaling 589 units in the West 7th Street District of Fort Worth, Texas. The...
Riverhaus Creekside

Institutional Property Advisors negotiates Texas Hill Country multifamily asset sale

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Riverhaus Creekside, a 281-unit multifamily asset located within the Town Center at Creekside, a 400-plus-acre mixed-use development in New Braunfels,...
Enclave at Northwood

$24.126 refinancing secured for the Enclave at Northwood in Clearwater

JLL Capital Markets announced that it arranged the $24.126 million refinancing for the Enclave at Northwood multihousing community located at 2690 Enterprise Road E. in Clearwater, Florida. JLL worked on behalf of the borrower, JWC...
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