Mezzo Apartment Homes breaks ground in Virginia Beach
S. L. Nusbaum Realty Co. is pleased to announce the development of Mezzo Apartment Homes, a 282 unit market-rate apartment community in Virginia Beach, VA. This development is a joint venture between S.L. Nusbaum...
PCCP, LLC provides $53 million loan to refinance newly built 266-unit Class A apartment...
PCCP, LLC has provided a $53 million bridge loan to P.B. Bell for the refinance of Hangar at Thunderbird, a newly built 266-unit, 19-building apartment community located at 15301 N 37th Avenue in Glendale,...
Red Oak Capital Holdings provides $2.3 million for SE Dallas multifamily community
Red Oak Capital Holdings, a national commercial real estate finance company, has provided a $2.3-million bridge loan to the owner of the Templecliff Apartments in Southeast Dallas. The borrower will use the funds to...
CGI Strategies acquires troubled multifamily community in Orlando, Florida for $43 million
CGI Strategies has acquired Sola at Celebration, a vacant 306-unit luxury multifamily community in Celebration, FL. The property was purchased from Southstar Capital Group in a transaction valued at $43 million.
Developed by Hines in...
RKW Residential adds over 1,800 units to portfolio in Carolinas and Florida
RKW Residential, a leading multifamily property management company, is reaching new heights in 2019 with prominent apartment community assignments throughout the Carolinas and Florida. The company was recently awarded eight prime communities totaling more...
Pathfinder Partners acquires value-add multifamily community in desirable Sacramento suburb
Pathfinder Partners, a San Diego-based firm specializing in value-add multifamily real estate investments, announced the $28,825,000 acquisition of Rosemont Park – a 170-unit apartment community near the center of downtown Rosemont at 9190 Schmuckley...
Marcus & Millichap sets price per unit record with $14,500,000 sale of 72-unit apartment...
Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of Sand Cove Apartments, a 72-unit apartment property located in St....
Draper and Kramer expands Texas multifamily portfolio with acquisition of 374-unit Crest at Las...
Draper and Kramer, Incorporated, a national real estate services firm, today announced it has expanded its Texas multifamily portfolio with the acquisition of Crest at Las Colinas Station, a 374-unit luxury rental community in...
Cushman & Wakefield arranges $8.9 million sale for Argon Equity
Cushman & Wakefield has arranged the $8.9 million sale of The Residences at Fayetteville, a 120-unit apartment community located in Fayetteville, North Carolina. Paul Marley, Watson Bryant and Hunter Bowling of Cushman & Wakefield...
Decron Properties enters new market with $96.150 million multifamily acquisition in Tempe, Arizona
Decron Properties has made its initial entry into the Arizona real estate market with the acquisition of Broadstone Rio Salado, a 278-unit multifamily property in Tempe, Ariz. for $96,150,000.
Completed in 2020, Broadstone Rio Salado’s...
The Multifamily Group brokers 28 units in Richardson, Texas
The Multifamily Group (TMG), a Dallas-based commercial real estate brokerage firm, announced this week it has facilitated the sale of the Parkwood Apartments in Richardson, Texas. Yonnic Land represented local sellers, and Jon Krebbs...
Kiser Group advises on $2.85 million Wrigleyville condo deconversion sale
Kiser Group, Chicagoland’s leading multifamily brokerage firm, advised the Magnolia Grace Condominiums Association through a Section 15 deconversion sale. Located at 3763 N. Magnolia Ave., the 12-unit condo deconversion in Chicago’s Wrigleyville neighborhood sold...
RanchHarbor acquires value-add multifamily complex in Boise, Idaho
RanchHarbor, a real estate investment firm based in Newport Beach, Calif, announced its acquisition of Glenbrook Apartments, a 112-unit multifamily garden-style apartment complex in Boise. RanchHarbor purchased the 92 percent-occupied asset in an off-market...
Long Island multihousing community sells
JLL Capital Markets announced that it has closed the sale of Southpoint at Massapequa, a 214-unit, luxury, multihousing community located in Massapequa, New York.
JLL represented the seller, JRK Property Holdings. Fairfield Properties acquired the asset.
The...
Multihousing community in Northeastern New Jersey refinanced for $35.9 million
JLL Capital Markets announced that it has arranged a $35.9 million refinancing for Hudson Square North, a 150-unit, transit-oriented, high-rise multihousing community with 2,739 square feet of retail space in Hoboken, New Jersey.
JLL worked...
