Capital Square 1031 acquires 55+ manufactured housing community near Vero Beach, Florida
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 arranges $51.2 million sale of 304-unit multifamily in Orlando
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...
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,...
Marcus & Millichap brokers sale of Central Florida condominium property for $31.5 million
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of 417 parcels of the 781-unit condominium property within the Grenelefe Golf and Tennis...
Institutional Property Advisors closes sale of Broadstone Knox District in Dallas
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Broadstone Knox District, a 333-unit, seven-story multifamily asset in the Knox-Henderson neighborhood of Dallas, Texas. “The most walkable neighborhood in Dallas,...
Old Three Hundred Capital secures $38.45 million in acquisition financing for multihousing community near...
JLL Capital Markets announced that it has arranged $38.45 million in acquisition financing and secured the equity for Summit at Rivery Park, a 228-unit multihousing community located in the Austin-area community of Georgetown, Texas. JLL...
Victoria at Lauderhill sells for $12.78 million to Treevita
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Victoria at Lauderhill, an 88-unit apartment property located in Lauderhill, Florida....
Stepp Commercial completes $5.04 million sale of a 21-unit apartment property in Long Beach
Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $5.04 million sale of a 21-unit apartment property located at 1505 E. 11th Street in Long Beach, California. Stepp Commercial’s...
CBRE arranges sale of 244-unit multifamily community in Boxborough, Massachusetts
CBRE announced that it has arranged the sale of Paddock Estates, a 244-unit, Class A garden-style apartment community located at 1 Paddock Lane in Boxborough, Massachusetts. CBRE Capital Markets’ multihousing experts Simon Butler, Biria St....
Berkadia Arranges Equity Partner for Capstone Communities’ Central Georgia Build-for-Rent Community
Berkadia announces it has sourced $13.2 million in equity for Capstone Communities to develop The Cottages at Warner Robins, a low-density multifamily development located in the central Georgia town of Warner Robins. The cottage-style...
Newmark arranges sale of 192-unit North Central San Antonio multifamily community
Newmark announces the sale of The Joseph at Huebner, a 192-unit value-add multifamily community located in North Central San Antonio, Texas. The property traded from a strategic partnership between RSN Property Group and Wildhorn Capital,...
Institutional Property Advisors closes Coastal Southern California multifamily asset sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Bay Inn Apartment Homes, a five-building, 80-unit apartment property in San Diego, California. The asset sold for $28.1 million, or...
ABI Multifamily brokers 117-unit South Phoenix multifamily apartment community for $32 million
ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $32,000,000 / $273,504 Per Unit / $381.49 Per SF sale of Haven at South Mountain...
Ridge Capital acquires 444-unit San Francisco Bay Area multifamily portfolio
Ridge Capital Investors, LLC (Ridge) in joint venture with Contrarian Capital Management and Andell Holdings has acquired in an off-market transaction a two-property, 444-unit multifamily portfolio with assets located in the San Francisco East...
Marcus & Millichap arranges $49.5 million Los Angeles metro multifamily asset sale
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Rolling Hills Apartment Homes, a 107-unit apartment complex in Torrance, California....