Deal boom

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale and financing of Terracina Apartment Homes, a 736-unit garden-style apartment complex located inside Ontario Ranch, an 8,200-acre master-planned community in Ontario,...

Avison Young announced the Sauter Multifamily Group, comprised of Principals Patrick Sauter, Art Carll-Tangora, and Steve Nosrat, based in the firm’s Las Vegas office closed the $126 million sale ($126,506 per unit) of Harbor...

Laguna Point Properties has acquired the 996-unit The Harmon at 370, the largest multifamily community in Las Vegas, in an off-market transaction valued at $126 million. This is the second significant multifamily investment in Las...

Madison Marquette, a leading private full-service real estate provider, investment manager, developer and operator, announced the recent closing of Crosswinds a 380-unit apartment community in Wilmington, N.C. as part of its Evergreen Multifamily Value...

Next Wave Investors, LLC (Next Wave), a private equity firm focused on value-add multifamily investments, has acquired two multifamily assets in the Portland metro submarket of Beaverton, Oregon for a total of $30.5 million:...

Thayer Manca Residential (TMR) has sold The Ventura Apartments, a 272-unit multifamily property in Chandler, Arizona. TMR purchased the property in 2017 for $47.6 MM. TMR has a number of additional assets throughout Arizona including...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Madison Grove, a 171-unit multifamily property in Phoenix, Arizona. The $51.3 million sales price equates to $300,000 per unit. “Surrounded by...

FCP announces its first equity multifamily acquisition in the Denver, Colorado market with the joint venture recapitalization with BMC of Ivy Crossing, a 1,023-unit apartment community at 2320 S. Quebec Street. Earlier in May, FCP...

Avanath Capital Management, LLC, a private real estate investment manager and Registered Investment Adviser, has acquired its 100th asset: a mixed-use portfolio containing two multifamily properties with ground-floor retail space in Brooklyn, New York,...

Legacy Partners, a privately owned national real estate firm, announced the sale of 580 Anton, a five-story, 250-unit luxury apartment community in the Orange County city of Costa Mesa, Calif., to an affiliate of...

DB Capital Management (DB Capital) has acquired Cleo Apartments, a 142-unit multifamily community in the Lowry submarket of Denver for $38 million. Built in 1979, Cleo features large one- and two-bedroom floor plans on a...

MassHousing has closed on $21.4 million in affordable housing financing to Beacon Communities LLC for the refinancing and extension of affordability at the 103-unit Wilkins Glen in Medfield. As part of the transaction, Beacon Communities...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Maryland West, a 100-unit apartment property in Glendale, Arizona. The $26.5 million sales price equates to $265,000 per unit. “Maryland West’s...

Haven Realty Capital (Haven) in joint venture with funds managed by Yieldstreet, has closed on the first phase of a $28.6 million acquisition of Hartman Hill, a 71-home purpose-built single family rental housing community...

ECI Group (ECI) announces the acquisition of Verso Luxury Apartments, a 250-unit, new in 2020, “Big House” concept, multifamily asset in the booming Davenport submarket of Orlando, FL. Located at the heart of Central...