Sale of multihousing community in Arizona closes
JLL Capital Markets announced that it has closed the sale of Tempe Metro, a 408-unit, value-add, wrap-style multihousing community in Tempe, Arizona.
JLL marketed the property on behalf of the seller, a joint venture between...
American Landmark acquires Cabana 99th Apartments in Arizona’s Antique Capital
American Landmark Apartments, one of the fastest-growing multifamily owner-operators in the country, announces it has acquired Cabana 99th, a brand new, 286-unit apartment community located in Glendale, Ariz., just outside the Phoenix metropolitan area....
Cushman & Wakefield arranges sale of The Lexington, one of Sarasota’s most competitive Class...
Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of The Lexington Apartment Homes, a 267-unit apartment community located at 3510 Cheshire Square in Sarasota, Florida.
Cushman & Wakefield’s...
Waterton acquires 330-unit apartment community in Cypress, Texas
Waterton, a U.S. real estate investor and operator, today announced it has acquired Carrington at Barker Cypress, a 330-unit rental community at 7202 Barker Cypress Road in Cypress, Texas – approximately 25 miles northwest...
Newmark arranges sale of 323-unit trophy mid-rise multifamily asset in North Central San Antonio
Newmark announces it has completed the sale of The Standard at Legacy, a 323-unit, mid-rise, trophy multifamily asset located at 1938 E. Sonterra Boulevard in the Stone Oak area of San Antonio, Texas.
Newmark Vice Chairman...
Raintree Partners acquires portfolio of five Southern California multifamily properties totaling 551 units for...
Raintree Partners, an Orange County, California-based private commercial real estate investment company, has acquired a portfolio of five multifamily communities in Southern California, totaling 551 units, from a private seller for $142 million.
The properties...
ABI Multifamily brokers 12-unit South Tempe multifamily apartment community for $3.05 million
ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western U.S., is pleased to announce the $3.05 million / $254,167 Per Unit / $282.41 per square foot sale of McKemy Manor,...
CGI Strategies acquires Hollywood area apartment community for $20.15 million
CGI Strategies has acquired Parkwood Apartments, a 78-unit multifamily community in the Los Feliz neighborhood of Los Angeles for $20.15 million, capping an active 2018 in which the firm was involved in the development...
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...
Another large multihousing community in suburban Chicago trades to NYC investor
JLL Capital Markets announced that it has closed the sale of City View at the Highlands, a 403-unit, luxury, value-add, mid-rise apartment building located in the Chicago suburb of Lombard, Illinois.
JLL represented the sellers, a...
Marcus & Millichap closes $27 million multifamily asset sale in Suburban Denver
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of Aspire Lakewood Apartments, a 96-unit multifamily asset built in 1969...
JLL arranges sale of 190-unit build-to-rent development site in Tampa MSA
JLL Capital Markets announced that it closed on the sale of GroveParc Townhomes, a 48.08-acre, build-to-rent development site located in Wesley Chapel, Florida (Tampa MSA). With site work complete, the development is approved for...
JLL arranges equity for Tysons Corner apartment development
JLL announced today it has arranged joint venture equity for The Hanover Company’s 412-unit apartment development with ground-floor retail in Northern Virginia’s Tysons Corner submarket.
JLL worked on behalf of The Hanover Company to arrange...
Continental Partners secures $34 million in financing for new 144-unit multifamily development in Los...
Continental Partners, a commercial real estate investment banking firm, has successfully arranged a $34 million loan regarding a newly constructed 144-unit multifamily asset in the North Hollywood submarket of Los Angeles, California.
The loan serves...
Institutional Property Advisors brokers Metroplex multifamily sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of The Bowery at Southside, a transit-oriented, 303-unit multifamily property in the South Main Village development in Fort Worth, Texas.
“The Bowery...
