Deal boom

Multifamily brokerage firm The Mogharebi Group (TMG), representing a private investor based in Salt Lake City, Utah has successfully brokered the sale of a 108-unit apartment community in Palm Springs, Calif. for $19.7 million. Built...

ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $48,000,000 / $266,667 Per Unit / $421.20 Per SF sale of Ascent 1829 Apartments, a...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Roadrunner on McDowell, a 356-unit multifamily asset in Scottsdale, Arizona. The property sold for $193.5 million, which equates to $543,539...

Intercontinental Real Estate Corporation (Intercontinental) in joint venture with MG Properties has acquired Stone Cliff Apartments, a 394-unit garden-style multifamily community in the Denver submarket of Aurora, CO for $143 million. This is the second...

Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of The Carlyle of Sandy Springs, a 389-unit multifamily community located in northern Atlanta. The sales price was $105.6...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of the Venice-Mar Vista Portfolio, a six-property, 99-unit multifamily portfolio in the Westside region of Los Angeles, California. Following a brief...

JLL Capital Markets announced that it has arranged $64 million in acquisition financing for Summer House, a 227-unit, high-rise apartment community located in downtown Stamford, Connecticut. JLL worked on behalf of the borrower, Beachwold Residential,...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Arboretum at South Mountain, a 312-unit multifamily asset inthe Ahwatukee Foothills Village of Phoenix, Arizona. The property sold for $118.25...

JLL’s Capital Markets group announced that it has secured a $260 million loan for East Market, a mixed-use project with residential units, retail, office and parking in the Market East neighborhood of Philadelphia, Pennsylvania. JLL...

MassHousing has closed on $34.8 million in affordable housing financing to Beacon Communities LLC to refinance, renovate and preserve housing affordability at the 192-unit Woodlands at Abington Station in Abington.  “Thanks to this refinancing transaction,...

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of The Villas at Normandy Isle, located at 1971-1985 Bay Drive in...

JLL Capital Markets announced that it secured construction financing for The Travis, a 423-unit, high-rise multihousing community located in the Rainey Street District of downtown Austin, Texas. JLL worked on behalf of the borrower, Genesis...

Transwestern Real Estate Services (TRS) announces the sale of The Hawthorne Apartments, a 76-unit multifamily community at 5820 Sutter Ave. in Carmichael, California. Transwestern’s Shivu Srinivasan, Robert Dau, Dante Giacomini and Connor McGarty represented...

Capital Square 1031, a leading sponsor of Delaware statutory trust (DST) offerings for Section 1031 exchange and other accredited investors, announced the acquisition of a 55+ manufactured housing community in Sebastian, Florida. The community...

Franklin Street has arranged the sale of the Castilian Apartments, a 304-unit multifamily community located 5 miles from downtown Orlando, for $51.2 million. The 1975-built property traded above its initial pricing guidance, reinforcing an unyielding...