Friday, April 26, 2024

Deal boom

Apartment deals, mergers and acquisitions

Extended Stay America

Vivo Investments Announces Plans for Transforming Extended Stay America Hotels into Attainable Housing in...

Vivo Investments, a trailblazer in adaptive reuse and community building, is proud to announce its largest acquisition to date – the purchase of 587 units across five Extended Stay America hotels located in Charlotte,...
Marshall Tempe

Aptitude Development Breaks Ground on The Marshall Tempe Student Housing Development Near Arizona State...

Aptitude Development, a leading student housing developer with a decade of experience, is excited to announce the imminent groundbreaking of The Marshall Tempe, a transformative student housing project set to redefine student living near...
Lois Landing

A 56-unit apartment building sold for $10 million by Marcus & Millichap

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Lois Landing, a 56-unit apartment property located in Tampa, Florida, according...
Colman Yards

Work begins on Phase One of $430M Colman Yards Mixed-Use Development in Illinois

Chicago contractor ENC Construction & Development recently broke ground on the first phase of the $430 million Colman Yards development in Rockford, Illinois, for Milwaukee-based developer J. Jeffers & Co. The project team will redevelop...
Riverbend Apartments Pool

SPI Advisory Acquires 164-Unit Apartment Community in New Braunfels, Texas

SPI Advisory and its partners finalized the acquisition of Riverbend Apartments (formerly known as “Hawthorne Riverside”), a 164-unit, Class A- institutional-quality apartment community built in 1995. Riverbend Apartments boasts direct access to the Guadalupe River...

PEEK Development concludes initial fundraising for two QOFs slated to deliver 168 market-rate multifamily...

PEEK Development (PEEK) has concluded its initial fundraising round for two Qualified Opportunity Fund (QOF) projects in the pre-construction phase in the City of Orange. PEEK Reock I QOF, LLC and PEEK Reock II...
Salisbury Campus Apartments

JLL Advised on the Sale of the 85-unit / 290-bed Salisbury Campus Apartments in...

JLL Capital Markets announced that it closed the sale of Salisbury Campus Apartments, a five-building, 85-unit / 290-bed student housing community located near the campus of Purdue University in West Lafayette, Indiana. Built from 1983...
Harbour Court

Joint venture purchases Harbour Court Apartments in Portland

JLL Capital Markets announced that it handled the sale of Harbour Court, a 99-unit apartment community in Portland, Oregon. JLL represented the seller, Harbour Court Owner LLC, an affiliate of the ConAm Group, in completing...
Falls at Hunters Pointe

Institutional Property Advisors closes 276-unit multifamily sale in Salt Lake City suburbs

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Falls at Hunters Pointe, a 276-unit multifamily property in Sandy, Utah. “Built in 1994, Falls at Hunters Pointe benefits from the...
28th Street

Marcus & Millichap Facilitates $13.26M Sale of 28th Street Astoria Multifamily Property

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of a multifamily property in Queens, New York, for $13,262,500. The property...
Lirio at Rafina

Berkadia arranges sale of new class AA luxury lakefront apartment community in Orlando

Berkadia announces it has arranged the sale of Lirio at Rafina, a brand-new, 280-unit, Class AA luxury garden apartment community in Orlando, Fla. Managing Directors Brett Moss and Matt Wilcox, Associate Director Tyler Swidler...
Wealhouse portfolio

$372.6 million in financing secured for Arizona and Texas multihousing properties

JLL Capital Markets announced that it has arranged refinancing in the aggregate amount of $372.6 million for a 10-property, 2,549-unit multihousing portfolio located across Arizona and Texas. JLL worked on behalf of the borrower, Wealhouse...

HFF arranges $171.2M financing for North Harbor Tower in Chicago’s Lakeshore East

Holliday Fenoglio Fowler, L.P. (HFF) announces that it has arranged $171.2 million in financing for North Harbor Tower, a 600-unit, high-rise apartment building in Chicago’s Lakeshore East neighborhood. HFF worked on behalf of the borrower,...
Bridle Creek Apartments

West Shore acquires fifth apartment community in Kentucky

West Shore, a multifamily real estate investment firm, announces its acquisition of Bridle Creek Apartments, an upscale apartment community in Lexington, Kentucky. This is West Shore’s fourth acquisition in Lexington and fifth in Kentucky....
39 High Street

JLL Capital Markets Arranged Refinancing for 39 High Street, an 83-unit Luxury Apartment Building...

JLL Capital Markets announced that it has arranged the $18.625 million refinancing of 39 High Street, an 83-unit multi-housing community located in the Journal Square neighborhood of Jersey City, New Jersey. JLL represented the borrower,...
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