Deal boom

Multifamily investor, developer and manager MC Companies has announced its acquisition of Briarcrest Apartments, a value-add multifamily community located just north of Dallas. Built in 1983, the property’s apartment units have not been renovated...

PCCP, LLC has provided a $50.8 million senior loan to Pahlisch Commercial for the ground-up construction of Henley Place, a 178-unit, six-story multifamily community located on SE Main Street in Milwaukie, Oregon, a suburb...

CBRE announced that it has arranged the $35.25 million sale of Residences at Highland Glen, a 102-unit age restricted, garden-style apartment community located at 4100 Highland Glen Road in Westwood, Massachusetts. CBRE Capital Markets’ multihousing...

Cushman & Wakefield and its alliance member Commercial Kentucky announced that they have arranged the sale of Veranda at Norton Commons, a 236-unit multifamily property in northeast Louisville. Mike Kemether of Cushman & Wakefield along...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Foothill Ridge, a 232-unit apartment asset in Upland, California. The $82 million sales price equates to $353,448 per unit. “Foothill Ridge...

JLL Capital Markets announced that it has arranged the $87.1 million financing of Valley and Bloom, a two-building, 258-unit, mixed-use multihousing community in Montclair, New Jersey. In addition to the residential units, the property...

Multifamily investment firm DB Capital Management (DB Capital) has made its second acquisition in San Antonio with the purchase of ReNew TPC, a 408-unit garden-style multifamily community. The Los Angeles-based firm entered the San...

Magma Equities (Magma) has acquired the recently completed Litchford 315 Apartments, a 240-unit multifamily community in Raleigh, North Carolina, in an $83 million off-market transaction. This represents Magma’s fourth apartment investment of the year...

Capital Square, one of the nation’s leading sponsors of tax-advantaged real estate investments and an active developer of multifamily communities, announced the acquisition of Hunter’s Chase, a 320-unit apartment community in the Richmond suburb...

CBRE announced that it has arranged the $37 million sale of Northgate Apartments, a 179-unit garden style apartment community located at 3 Admiralty Drive in Middletown, Rhode Island. CBRE Capital Markets’ multihousing experts Simon Butler,...

ECI Group announces the sale of Chatsworth Apartments in the Central Perimeter area in Chamblee, Georgia for $87 million. The 410-unit, 1980 vintage community was acquired by ECI in 2018 and underwent an extensive...

Camino Verde Group, a Las Vegas-based real estate investment and development firm, recently acquired the Antigua Village Apartments, soon to be rebranded as Apex Apartments, in Fort Worth, Texas. The acquisition was represented by...

Newmark announces the $93.6 million sale and $69 million financing of Apex Glassworks, a 282-unit, recently constructed multifamily community located in Metrocenter, a fast-growing infill submarket in the heart of Nashville. The property traded from...

The Jacobson Company, a leading private real estate investment and management company, has sold CityZen Commons, a 177-unit multifamily property in Kent, Washington, the fourth-largest municipality in greater Seattle, for $52 million. The firm initially...

Newmark announces the sale of ReNew at TPC, a 408-unit, value-add multifamily asset located in northeast San Antonio, Texas. The property traded from FPA Multifamily—a San Francisco-headquartered, privately held multifamily investment firm—to DB Capital...