Friday, May 3, 2024

Deal boom

Apartment deals, mergers and acquisitions

Marcus & Millichap arranges sale of an 83-unit apartment property in Belleville, Ill.

Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of Westown, an 83-unit apartment property located in Belleville, Ill., according...
Sunstone Village

Livingston Street Capital expands Texas footprint with acquisition of active adult portfolio totaling more...

An affiliate of Livingston Street Capital, a boutique private equity firm focused on commercial real estate investments throughout the U.S., has acquired a portfolio comprising two Active Adult (55+) multifamily communities totaling 402 units...
Ocala Heath Brook

FaverGray Breaks Ground on Ocala Heath Brook Luxury Apartments in Central Florida

FaverGray, a leading multifamily and student housing general contractor, proudly announces the groundbreaking of the Ocala Heath Brook project, a luxurious 288-unit apartment community set to redefine upscale living in Ocala, Florida. Situated on approximately...
Incline at Anthem

Institutional Property Advisors brokers suburban Salt Lake City multifamily asset sale

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Incline at Anthem, a 298-unit, age 55-plus multifamily complex in Herriman, Utah. “The property is the first active, older adult multifamily...
Legends at ChampionsGate

Berkadia secures $43.2 million in acquisition financing for 252-unit community in Orlando

Berkadia announces it has arranged $43.2 million in financing for the acquisition of Legends at ChampionsGate, a 252-unit multifamily community in Orlando, Florida. Senior Managing Director Mitch Sinberg and Associate Director Matthew Robbins of...

Hines and Welltower break ground on Sunrise at East 56th

Hines, the international real estate firm, and Welltower Inc., a leader in health care infrastructure, today commenced construction of a 16-story tower at 139 East 56th Street to house Midtown Manhattan’s first purpose-built assisted...
411 Euclid

Marcus & Millichap arranges the sale of 411 Euclid in Oakland, California

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of 411 Euclid, a 13-unit apartment property located in Oakland, CA, according...
Alexan 335

CP Capital US and Trammell Crow Residential announce sale of Alexan 335 project in...

A joint venture of CP Capital, a highly disciplined U.S. real estate manager specializing in multifamily investments, and Trammell Crow Residential (TCR), a premier multifamily real estate company with nearly 40 years of experience...
Rolling Green Apartments

CBRE arranges sale of 304-unit multifamily community in Milford, MA for $87 million to...

CBRE announced that it has arranged the $87 million sale of Rolling Green Apartments, a 304-unit garden style apartment community, located at 1 Rolling Green Drive in Milford, Massachusetts. CBRE Capital Markets’ multihousing experts Simon...
Hunter's Ridge

Thayer Manca Residential expands New Mexico portfolio

Thayer Manca Residential (TMR) has purchased their newest multifamily property in Albuquerque, New Mexico. TMR acquired Hunter’s Ridge, a 144-unit property, as they continue to invest in the New Mexico multifamily market. This is...

IPA sells Vue Hollywood for $45 million

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced today the sale of Vue Hollywood, a 92-unit non-rent-controlled apartment building in Hollywood, California. The sales price is $45,018,000, which equates to $489,326...
Rayen Park

Standard Communities Acquires Six 100% Affordable Communities Totaling 407 Units in Los Angeles

Standard Communities, a leading national developer and investor in affordable and workforce housing, has led a public-private partnership that acquired six 100% affordable Section 8 communities in Los Angeles County with a total of...

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...

JLL arranges $386 million financing for 70 Pine Street

JLL announced today that it has arranged $386 million in financing for 70 Pine Street, a 66-story, 1.03 million-square-foot, mixed-use, Art Deco-style tower in Lower Manhattan’s Financial District. JLL worked on behalf of the borrower,...
Camden Durham

Camden Property Trust Opens 420-Home Upscale Apartment Community Camden Durham in Downtown Durham North...

Camden Property Trust announced the opening of Camden Durham, a 420-unit upscale residential community located at 441 Dillard Street in downtown Durham, North Carolina. Also available for lease is approximately 5,945 SF of high visibility...
Yield PRO