Thursday, February 6, 2025

Deal boom

Apartment deals, mergers and acquisitions

610 West Apartments

JLL Handles the Sale and Secures Financing for 610 West Apartments in Brooklyn Park...

JLL Capital Markets announced the successful sale and financing of 610 West Apartments, a top-tier multifamily community in Brooklyn Park, Minnesota. JLL represented the seller, The Doran Group, and secured acquisition financing on behalf of...
The Vickery

Trademark’s The Vickery Development Tops Out in Fort Worth

National real estate developer, investor, and operator, Trademark Property Company (Trademark), announces that it has topped out at The Vickery, a ground-up, multifamily-led mixed-use community located on five acres overlooking Downtown Fort Worth. “The finish...
Yardly McDowell

Tower 16 Capital Partners Acquires Its First Build-to-Rent Community Yardly McDowell in Phoenix

San Diego-based Tower 16 Capital Partners has successfully acquired Yardly McDowell, a 167-unit, Build-to-Rent (“BTR”) multifamily property located in the rapidly growing West Valley of Phoenix, Arizona. “This marks our ninth acquisition in the Phoenix...
Orange Gardens

Institutional Property Advisors Closes Multifamily Property Sale of Orange Gardens in West Haven Connecticut

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Orange Gardens, a 175-unit multifamily property in West Haven, Connecticut. “This 100% market-rate apartment property has a history of strong occupancy...
Mayton Transfer Lofts

Capital Square Delivers 152% Total Return to DST Investors in UPREIT Transaction for Mayton...

Capital Square, one of the nation’s leading sponsors of tax-advantaged real estate investments and an active developer and manager of housing communities, announced the sale of Mayton Transfer Lofts, a 223-unit multifamily community in...
Wayne Avenue

Interra Realty Brokers 2 Chicago Multifamily Sales on Wayne Avenue and May Street Totaling...

Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the sale of two separate multifamily properties in Chicago: a 16-unit mixed-use apartment building at 6405 N. Wayne Avenue in Chicago’s...
La Vida at Solstice

Gantry Secures $10.7M Construction Loan for Arizona Multifamily Build La Vida at Solstice

Gantry, the largest independent commercial mortgage banking firm in the U.S., has secured a $10.7 million construction loan for the development of La Vida at Solstice, a sister project of the recently completed La...
Chase Park

Marcus & Millichap Arranges $7M Sale of 88-Unit Multifamily Property Chase Park in Montgomery

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Chase Park, an 88-unit apartment property located in Montgomery, Alabama. "The successful...
Reserve at River Walk

Lakeland Capital Surpasses $200M in Total Transactions, Including The Reserve at River Walk in...

Lakeland Capital, a private, multifamily investment company active in select East Coast markets, is pleased to announce it has surpassed $200 million in total transactions. In 2024, the firm completed a disposition, refinancing and...
G12

Waterton Announces Their Acquisition of 347-unit Apartment Community G12 in Los Angeles

Waterton, a national real estate investor and operator, announced it has acquired the G12, a 347 unit mid-rise apartment community in downtown Los Angeles (DTLA). “G12 is an excellent addition to our portfolio,” said Jeremy...
Haven at Treeline

JLL Income Property Trust Closes Senior Secured Real Estate Loan on Houston Apartment Community...

JLL Income Property Trust, an institutionally-managed daily NAV REIT (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX) with approximately $6.6 billion in portfolio equity and debt investments, announced that it originated a $32 million senior, secured floating...
The District

Berkadia Completes Sale of “The District” Apartments in Charlotte North Carolina

Berkadia, a leader in the commercial real estate industry, announced the sale of The District, a 287-unit garden-style multifamily property located in Charlotte, North Carolina. Managing Director Caleb Troop, Director Thomas Colaiezzi, and Associate Director...
55 Riverwalk

$174M Acquisition Financing and Joint Venture Equity for New Jersey Multifamily Asset 55 Riverwalk...

Institutional Property Advisors (IPA Capital Markets), a division of Marcus & Millichap, specializing in capital markets services for major private and institutional clients, has secured $174 million in joint venture equity and debt financing...
Union at Bluffs Run

Merchants Capital Secures $88M in Total Financing for Iowa-based Affordable Housing Community

Leading financial services provider Merchants Capital announced that it secured more than $88 million in financing for Union at Bluffs Run, a new 192-unit affordable housing community in Council Bluffs, Iowa. Merchants Capital secured a...
Legacy Ontario

Legacy Partners and DWS Break Ground on 346-Residence Apartment Community Legacy Ontario in California

Legacy Partners (“Legacy”), a privately held national real estate firm, partnered with DWS Group (“DWS”), a leading global asset manager, to announce the start of construction for a 346-unit residence apartment community to be...
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