Deal boom

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Yardz on Kolb, a 410-unit multifamily asset in Tucson, Arizona. The property traded for $65.5 million, or $159,756 per unit. “Yardz...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of The Benson, a 236-unit multifamily property in Upland, California. The asset sold for $80.75 million, or $342,161 per unit. “The Benson...

Davlyn Investments, a prominent California-based, multifamily investment firm, recently closed escrow on the $77,000,000 purchase of Sonata, a 312-unit, Class A, multifamily community in North Las Vegas, Nevada that was constructed in 2009. This...

A joint venture of CP Capital, a highly disciplined U.S. real estate manager specializing in multifamily investments, and Trammell Crow Residential (TCR), a premier multifamily real estate company with nearly 40 years of experience...

Newmark announces it has completed the sale of The Standard at Legacy, a 323-unit, mid-rise, trophy multifamily asset located at 1938 E. Sonterra Boulevard in the Stone Oak area of San Antonio, Texas. Newmark Vice Chairman...

Moline Investment Management (MIM), an affordable and market-rate housing specialist investment manager focused on the development, redevelopment, ownership, and operation of multifamily assets across the Midwest and Central U.S. has acquired a 214-unit mature...

Clark Ventures, a privately-held firm specializing in the acquisition, operation and development of upscale apartment communities, has sold Park at Abernathy Square for $132.6 million. The Cushman & Wakefield team of Mike Kemether, Travis Presnell...

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research, and advisory services, announced the sale of 901 Main, a 20,000-square-foot mixed-use residential and retail property located in...

San Diego-based Tower 16 Capital Partners has acquired a four-property portfolio, totaling 572 units in Albuquerque, N.M. The property was acquired from Greenwater Investments for an undisclosed price. “We’re very excited about the acquisition of...

JLL Capital Markets announced that it has arranged a $36.35 million refinancing for The Premiere at Eastmark, an apartment community in Mesa, Arizona. JLL worked on behalf of the borrower, Los Angeles-Seaview Capital, to originate...

A joint venture of PCCP, LLC and CARROLL has acquired Berkshires at Lenox Park, a 375-unit multifamily community that will be rebranded as ARIUM Lenox Park. The property is located at 2124 Gables Drive...

Trion Properties, a private equity real estate firm based in West Hollywood, California and Miami, Florida specializing in multifamily investments, has expanded its Southeast presence with the acquisition of Latitude at West Ashley, a...

ECI Group has announced the sale of two apartment communities, The Columns at Sweetwater Creek with 270 units in Lithia Springs, GA and The Columns at Peachtree Corners with 304 units in Norcross, GA...

ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $48,000,000 / $236,453 Per Unit / $307.13 Per SF sale of Canyon Springs Apartments, a...

Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of Thayer Point, a 266-unit multifamily apartment community located in Killeen, Texas. John Carr and Ben Fuller of Cushman...