Deal boom

Apartment deals, mergers and acquisitions

Flamingo Garden

36-unit apartment sold in Miami 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 Flamingo Garden, a 36-unit apartment property located in Miami, Florida, according...
Center Village Apartments

Loan secured for 60-unit affordable housing community in Portland

JLL Capital Markets announced that it has arranged a loan for Center Village Apartments, a 60-unit affordable Low-Income Housing Tax Credit community in Northeast Portland, Oregon. JLL worked on behalf of Innovative Housing, Inc. (IHI)...
Stellar at Palm Aire

Berkadia arranges sale and financing of build-for-rent community in Broward County

Berkadia announces it has arranged the sale and financing of Stellar at Palm Aire, a new build-for-rent community consisting of 39 townhomes located in the center of the Palm Aire Country Club in Pompano...

IPA brokers record-setting multifamily sale in Ventura

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces the sale of Via Ventura, a 192-unit apartment complex in Ventura, California. The property sold for $74 million, which equates to $385,417 per...

The Wolff Company announces development of second modern senior living community in Reno

The Wolff Company—a Scottsdale-based private equity firm and senior living developer will soon break ground on Revel Damonte Ranch, a contemporary active senior living apartment community located in the Damonte Ranch, just south of...
Timber Court

72-unit Timber Court Sells for $16 Million

Timber Court, located at 3400-20 N. Old Arlington Heights Rd. in Arlington Heights, Illinois, has sold for $16 million to a Chicago-based portfolio apartment investor. The 72-unit property was listed for sale by multifamily...
Casa 2055 Apartment Homes

Stepp Commercial completes $5.3 million sale of a newly renovated, 13-unit apartment property in...

Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $5.3 million sale of Casa 2055 Apartment Homes, a newly renovated, 13-unit multifamily property located at 2055 E. 3rd...
5420 Harold Way

The Kanner Group brokers $5.955 million sale of 11-unit townhome-style building in Hollywood

Matthew Kanner, President of The Kanner Group of KW Commercial, is pleased to announce he has brokered the $5.955 million sale of a fully occupied 11-unit condo-mapped townhome property located at 5420 Harold Way...
Modera Davis

JLL completes sale of Modera Davis in Portland

JLL Capital Markets announced that it has completed the sale of Modera Davis, a 204-unit, luxury high-end residential community located in Portland, Oregon’s Pearl District. JLL marketed the property exclusively on behalf of the seller,...
Fox Hunt Farms Apartments

Excelsa Properties acquires multifamily community in Fort Mill, South Carolina for $61.54 million

Excelsa Properties announced that it has acquired Fox Hunt Farms Apartments, a multifamily property located at 355 Armistead Avenue in Fort Mill, South Carolina from York Investment Properties in an off-market transaction. This $61.54...
Beach House Naples

JLL closes sale of Florida seniors housing community

JLL Capital Markets announced that it has closed the sale of Beach House Naples, a 113-unit/130-bed assisted living and memory care community in Naples, Florida. JLL marketed the portfolio exclusively on behalf of the seller,...

Waterton acquires 260-unit Bay Village Apartments in Vallejo, Calif. with plans for community-wide renovation

Waterton, a national real estate investor and operator, today announced it acquired Bay Village Apartments in the San Francisco suburb of Vallejo from Kennedy Wilson and its joint-venture partner. Originally built in 1987 and...

Marcus & Millichap sets price per unit record with $14,500,000 sale of 72-unit apartment...

Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of Sand Cove Apartments, a 72-unit apartment property located in St....
The Pearl on Wilshire

Institutional Property Advisors closes luxury mixed-use asset sale in LA’s Koreatown

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of the Pearl on Wilshire, a seven-story, 346-unit multifamily property with 7,813 square feet of retail on Wilshire Boulevard in Los Angeles’ Koreatown neighborhood. The complex sold for $170,875,000, which represents $493,858 per apartment unit. “Over the...
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...
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