Kiser Group advises on $117 million Park Ridge Commons sale
Kiser Group, Chicagoland’s leading multifamily brokerage firm, represented both the buyer, Bayshore Properties, and seller, H.A. Langer & Associates, in the sale of Park Ridge Commons in Des Plaines, Illinois. The 752-unit multifamily property...
Champion Real Estate Company sells multifamily community in Nashville, Tennessee for $20.5 million as...
Champion Real Estate Company (Champion), announced that it has sold Amplify on Main, a 74-unit multifamily community to an undisclosed buyer for $20.5 million. Champion acquired the property in 2015 for $14.1 million. Built in...
Cushman & Wakefield arranges sale of The Current at Coastal student housing community
Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of The Current at Coastal, an off-campus student housing community situated directly adjacent to Coastal Carolina University (CCU). Travis Prince,...
Berkadia arranges $86.25 million sale of new luxury apartment community in Suburban Orlando
Berkadia announces it has arranged the sale of Alta East Shore, a brand new, 285-unit, luxury garden-style community in the Orlando area suburb of Apopka. Managing Directors Brett Moss and Matt Wilcox, and Associate Director...
CBRE arranges sale of apartment community in South Portland, Maine
CBRE announced that it has arranged the sale of Redbank Village and Liberty Commons, a 620-unit townhouse and garden-style apartment community located at 62 MacArthur Circle East in South Portland, Maine, for an undisclosed...
SB Real Estate Partners acquires multifamily community in Las Vegas, Nevada for $73.1 million
SB Real Estate Partners (SBREP) has made its second multifamily investment in the Las Vegas MSA over the past seven weeks with the $73.1 million off-market acquisition of St. Croix Apartments, a 256-unit garden-style...
Westport Properties sells multifamily community in Glendale, Arizona for $30.4 million
Westport Properties, a premier owner/operator of self storage and multifamily properties nationally, announced that it has sold Park 67, a 160-unit multifamily community in Glendale, Arizona under the entity Vertex Glendale, LLC to an...
Berkadia arranges sale of 1,556-unit workforce housing portfolio in Houston
Berkadia announces it has arranged the sale of the Houston value-add multifamily portfolio, a four-property portfolio consisting of 1,556 apartment units in three suburbs of Houston. Managing Directors Joey Rippel, Chris Young and Jeffrey...
Berkadia arranges sale and finance of value-add apartment community in Central Houston
Berkadia announces it has arranged the sale and financing of Turtle Pointe, a 432-unit garden-style multifamily asset located in Houston, Texas. Senior Managing Director Todd Marix and Chris Curry, along with Managing Directors Jeffrey...
Cushman & Wakefield arranges sale of apartment community in Metro Atlanta
Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of IMT Sandy Springs, a 230-unit apartment community located in Sandy Springs, Georgia. Robert Stickel, Alex Brown and Michael Kay...
Middleburg Communities announces $76.03 million sale of Mosby Carolina Forest in Myrtle Beach, South...
Middleburg Communities, a Vienna, Virginia-based real estate investment, development and management firm announces the $76.03 million sale of Mosby Carolina Forest, a 332-unit Class A apartment community at 915 Brentmoor Drive in Myrtle Beach,...
ECI Group acquires Conyers, Georgia site for development of 300-unit apartment community
ECI Group (ECI) has closed on a development site at the intersection of Courtesy Parkway and Old Covington Highway in Conyers, GA and will start construction in January 2022 on a 300-unit apartment community,...
Mid-rise apartment buildings sell for $116.2 million in Williamsburg, Brooklyn
JLL Capital Markets announced that it has closed the $116.2 million sale of 247N7, a 169-unit, 151,766-square-foot, two-building multihousing property located at 247 N. 7th St. in the Williamsburg neighborhood of Brooklyn. JLL marketed the...
Institutional Property Advisors negotiates $48 million senior resident multifamily asset sale in Central Coastal...
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Villa del Sol, 197-unit, age 55-plus seniors apartment complex in Santa Maria, California. The property sold for $48 million, which...
WPC acquires three College Park, Maryland apartment communities for $14 million
Washington Property Company (WPC) has acquired an 81-unit portfolio comprising three low-rise apartment communities near the University of Maryland-College Park (UMCP) for $14 million. The seller, JE Smith Corporation, was represented by CBRE’s Bill Roohan,...