Deal boom

JLL Capital Markets announced that it has arranged $33 million in permanent financing for the Cielo Apartments, a 70-unit, Class A, mid-rise multihousing property located in the Little Italy neighborhood of San Diego, California. JLL...

Vivo Investment Group (Vivo) has acquired the dual branded Holiday Inn and Radisson Hotel in Downtown Baltimore’s Inner Harbor with plans to convert the twin tower high rise property into a multifamily community. The vacant...

American Campus Communities, Inc. (ACC), the largest developer, owner and manager of high-quality student housing communities in the United States, announced that it has entered into a definitive agreement under which Blackstone Core+ perpetual...

Cushman & Wakefield announced that the commercial real estate services firm has arranged the $121 million sale of the Gates 4 Portfolio, a collection of four multifamily properties located in Fairhope, Daphne and Mobile,...

JLL Capital Markets announced that it has arranged $28.5 million in permanent financing for The Ashton, a 93-unit, six-story, Class A apartment community in Jersey City, New Jersey. JLL worked on behalf of the borrower,...

Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of Reserve at Brandon, a 982-unit multifamily community located at 1918 Plantation Key Circle in Brandon, Florida. Nick Meoli and Mike...

ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $42 million / $262,500 per unit / $356.39 per square foot sale of Rise Metro...

Magma Equities (Magma), in a joint venture with funds managed by Franklin Templeton, has acquired Palencia Apartment Homes, a 281-unit apartment community in north Dallas, its fourth multifamily investment in the Dallas/Ft. Worth metro...

Cushman & Wakefield announced that the commercial real estate services firm has arranged the $80.2 million sale of Genesis Apartments, a 372-unit multifamily community located at 503 and 530 Fairwood Ave. in Clearwater, Florida. Mike Donaldson...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Vantage at Murfreesboro, a 288-unit multifamily property in Murfreesboro, Tennessee. “One of the fastest-growing cities in the nation, Murfreesboro’s strong multifamily...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of The Cooper, a 390-unit multifamily asset in Fort Worth, Texas. “Completed in 2021, The Cooper is a fully stabilized asset located...

JLL Capital Markets announced that it has arranged $28.48 million in construction financing for 175 Morris St., an 85-unit apartment community located in Morristown, New Jersey. JLL represented the borrower, The Hampshire Companies, to secure...

Levin Johnston of Marcus and Millichap, one of the top multifamily brokerage teams in the U.S. specializing in wealth management through commercial real estate investments, announces its most recent multifamily transaction: the $31.5 million...

JLL Capital Markets has arranged $43.5 million in construction financing for the development of 4135 Park Blvd., a 190-unit, mid-rise, mixed-use multihousing project located on the border of the North Park and Hillcrest submarkets...

Decron Properties has acquired Ascent at Papago Park, a 270-unit garden style multifamily asset in Phoenix, Arizona. It is the first of two acquisitions that the Los Angeles-based real estate investment firm will close...