Contegra Construction has begun building a new $26 million apartment project — Thirteen01 at...
Thirteen01 at Hartman Lakes, a $26 million residential development in Shiloh, Ill, is underway with the groundbreaking on Phase I. Edwardsville, Ill-based Contegra Construction Co. is constructing the 216-unit project for developer Greenmount Retail Center,...
Cushman & Wakefield arranges $61 million sale of The Barrington of Carmel
Cushman & Wakefield has negotiated the sale of The Barrington of Carmel, a 267-unit, entrance-fee continuing care retirement community (CCRC) in the Indianapolis suburb of Carmel, one of the wealthiest and fastest-growing cities in the Midwest.
The...
Capital Square acquires multifamily community near Augusta for DST offering
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 Lakeside on Riverwatch Apartments, a 200-unit garden-style multifamily community in...
Greystar Announces Pre-Leasing for Marlowe Gateway in St. Petersburg
Greystar Real Estate Partners, LLC ("Greystar"), a global leader in the investment, development, and management of real estate, including rental housing, logistics and life sciences, announced that the latest Marlowe-branded apartment community, Marlowe Gateway,...
Institutional Property Advisors closes Fairfield County Connecticut multifamily sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Hillcroft Village, a 192-unit apartment complex in Danbury, Connecticut.
“Hillcroft Village is a proven value-add opportunity asset with large, well-designed apartment...
Immediate-delivery townhome available at Provenance near Northbrook, Ill.
Red Seal Homes today announced it has completed a move-in-ready townhome at Provenance, the builder’s master-planned community of single-family homes, duplexes and townhomes in the Northbrook area of unincorporated Cook County, Ill.
“Though the Terrace...
Mesa West Capital funds $108 million loan for acquisition of Phoenix, Arizona multifamily development
Mesa West Capital has provided KB Investment and Development Company with $108 million in first mortgage debt for its acquisition a 328-unit multifamily property in Phoenix, Arizona.
The five-year, floating rate loan is secured by...
GFI Realty Services arranges the $1.850 million sale of Bushwick multifamily asset
GFI Realty Services announced the $1.850 million sale of 47 Stanhope Street, a multifamily building located in the Bushwick section of Brooklyn. GFI Associate Moshe Goldberger represented the seller, a local investor, and Zachary Fuchs, Associate Director of...
In ‘amenity arms race,’ Huffines Communities opens brand new amenities, bringing thoughtful, community-centered features...
Huffines Communities, a Dallas-based residential real estate development company, announced the opening of new community-centered amenities at three of its award-winning North Texas developments Heartland, Inspiration and Hebron 121 Station. Amenities like walking trails,...
SB Real Estate Partners acquires Cantamar Apartments in Glendale, Arizona for $58.1 million
SB Real Estate Partners (SBREP) has acquired Cantamar Apartments, a 180-unit garden style multifamily community in Glendale, Arizona for $58.1 million. The property will be rebranded as Portola On Bell.
SBREP has been an active...
Tower 16 Capital Partners, in partnership with Drake Real Estate Partners, acquires La Mirada...
San Diego-based Tower 16 Capital Partners, in partnership with Drake Real Estate Partners, has acquired La Mirada Apartments, a 201-unit multifamily project in Tucson, Ariz. The property was acquired from a private seller in...
$136 million trade of Class A multihousing portfolio on Long Island closes
JLL Capital Markets announced that it has closed the $136 million sale of a multihousing portfolio consisting of two Class A communities totaling 316-units in West Hempstead and Hempstead, New York.
JLL marketed the properties on...
Berkadia arranges $64.1 million loan for acquisition of multifamily property in Tampa
Berkadia announces it has arranged financing for the acquisition of 325 units at Arbors at Carollwood, a core-plus opportunity within the highly sought-after Carollwood submarket of Tampa, Fla. Senior Managing Director Mitch Sinberg and...
Interra Realty brokers $30 million sale of multifamily high-rise in Chicago’s Lakeview East neighborhood
Interra Realty, a Chicago-based commercial real estate investment services firm, today announced it brokered the $30 million deconversion sale of 445 W. Wellington Ave., a 15-story condominium building in Chicago’s Lakeview East neighborhood. The...
Hubbard Street Group partners with scooter-sharing company Spin at the Field’s Lofts Apartments on...
Chicago-based Hubbard Street Group (HSG) has partnered with scooter-sharing company Spin to establish a drop-off/pick-up point at The Field’s Lofts, HSG’s new 123-unit loft-style rental community at 4000 W. Diversey Ave., near Chicago’s Logan...
