asd
Friday, July 26, 2024

Deal boom

Apartment deals, mergers and acquisitions

FarmHaus

Thompson Thrift sells luxury multifamily community near Huntsville

Thompson Thrift, a full-service nationally recognized real estate company and one of the nation’s leading multifamily developers, announced the sale of FarmHaus, a recently completed 324-unit Class A multifamily community located in the Huntsville...
Beachpoint

Advanced Real Estate Adds 68-Unit Beachpoint Apartment Community to Its X Fund

Advanced Real Estate has acquired Beachpoint, a 68-unit multifamily asset in Huntington Beach, in a recent $25 million purchase. The property, which includes a 12k square feet multi-tenant office building, will be added to...

Trez Forman funds $8 million value-add acquisition loan for 106-unit apartment community in Jacksonville

A real estate investor has secured an $8.1 million loan from Trez Forman Capital to help acquire and renovate a 106-unit waterfront apartment community in Jacksonville’s south side.  Built in 1972, the Beauclerc Bay...

HFF announces sale of luxury apartment community in St. Charles, Illinois

Holliday Fenoglio Fowler, L.P. (HFF) announces the sale of Prairie Winds of St. Charles, a 250-home, luxury townhome-style apartment community in the Chicago suburb of St. Charles, Illinois. HFF marketed the property on behalf of...
The Daley at Shady Grove

JLL arranges $62 million loan for The Daley at Shady Grove

JLL Capital Markets announces it has arranged $62 million in financing for The Daley at Shady Grove, a 333-unit multihousing community with nearly 15,000 square feet of ground-floor retail located in Rockville, Maryland. JLL worked...
The Hobart

$16.7 million construction take-out financing secured for L.A. multihousing community

JLL Capital Markets announced that it has arranged the $16.7 million construction take-out financing for The Hobart, a 39-unit, Class A mid-rise multihousing community located in the Koreatown submarket of Los Angeles, California. JLL represented...

Kiser Group brokers 64-unit condo deconversion in Uptown for $12.5 million

Kiser Group, Chicago’s leading multifamily brokerage firm, recently brokered Dover Court Condominiums for $12.5 million in a Section 15 deconversion sale. The buyer, Neriel Lagoon LLC, acquired the property and will convert all of...
Pointe at Five Oaks

West Shore acquires asset near Nashville Tennessee

West Shore LLC, a multifamily real estate investment firm, announces its expansion into a new market with the acquisition of The Pointe at Five Oaks, a new construction luxury apartment community situated on 29...
Bay View Estates

CBRE sells Bay View Estates for $20,425,000

CBRE today announced the sale of Bay View Estates in Portsmouth, Rhode Island, for $20,425,000. CBRE Capital Markets’ multihousing experts Simon Butler and Biria St. John exclusively represented the seller, Bay View Apartments LLC, a...

Colliers arranges sale of Cooke Mills apartment property in Paterson

In one of Paterson’s highest per-unit-price multifamily sale to date, Colliers International NJ LLC has arranged the trade of Cooke Mills, 19 Market Street in Paterson. The Great Falls Historic District rental property drew...
Alexander Park

JLL Represented a Latin American Joint Venture on Their First Build-to-Rent Acquisition Alexander Park...

JLL Capital Markets announced that it helped arrange a credit facility for Alexander Park, a newly built, 95-unit, build-to-rent townhome community in Kissimmee, Florida. JLL worked on behalf of the borrower, a joint venture between CFB...

Levin Johnston directs $24.25 million trade of 73-unit multifamily community in Pleasanton, California

Levin Johnston of Marcus and Millichap, one of the top multifamily brokerage teams in the U.S. specializing in wealth management through commercial real estate investments, has directed the $24.25 million trade of Vista Del...
Alta Firewheel

Wood Partners Celebrates Grand Opening of Newest Luxury Residential Community Alta Firewheel in Garland...

Wood Partners, a leading national multifamily real estate developer, is thrilled to announce the official grand opening of its newest luxury residential community, Alta Firewheel, situated in Garland, Texas. Aside from the outstanding retail and...
Pointe on Westshore

American Landmark Apartments Acquires Class A Tampa Apartment Community The Pointe on Westshore

American Landmark Apartments, one of the fastest-growing multifamily owner-operators in the country, has acquired The Pointe on Westshore, a 444-unit apartment community nestled in the vibrant city of Tampa, Florida. This acquisition signifies American Landmark's...
Cottages at Leon Creek

JLL Completes Sale and Financing of Cottages at Leon Creek in San Antonio Texas

JLL  Capital Markets announced that it has completed the sale and financing of Cottages at Leon Creek, a 284-unit, build-to-rent (BTR) multifamily asset located in San Antonio, Texas. JLL represented the seller and procured financing...
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