Deal boom

JLL Capital Markets announced that it has closed the $84.35 million sale of and arranged $60.9 million in acquisition financing for Eliot on Ocean, a 194-unit, transit-oriented, Class A multihousing community in the greater...

JLL Capital Markets announced that it has arranged $45.5 million in financing for two multihousing properties totaling 321 units in the northern New Jersey communities of Nutley and Palisades Park, New Jersey. JLL worked exclusively...

Avison Young’s New York office announced that it has arranged the sale of 2651-2657 Broadway, a mixed-use building on the corner of Broadway and West 101st Street in New York. The 36,730-square-foot (sf) Upper...

JLL Capital Markets announced that it has arranged a $26.872 million refinancing for The Lakes Apartments, a 232-unit multihousing community in Indianapolis, Indiana. JLL worked on behalf of the borrower, NTS Development Company, Louisville, KY,...

CBRE announced that it has arranged the sale of The Residences at Munroe Place, a 111-unit apartment community with ground floor retail located at 1205 Hancock Street in Quincy, Massachusetts. CBRE Capital Markets’ multihousing experts...

Eagle Property Capital Investments, LLC (EPC), a vertically integrated real estate investment manager focused on the value-add multifamily space, announces that it has teamed up with Promecap, a leading private equity firm based in Mexico...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of ReNew on 14th Apartments, a 100-unit multifamily asset in Riverside, California. “With 14.7 percent year-over-year rent increases and 1.6 percent vacancy,...

ZMR Capital has increased its footprint in Texas by nearly 1,000 units after acquiring two garden-style communities in Dallas expanding the Tampa Bay, Florida-based multifamily investment firm’s portfolio in the Lone Star State to...

Cushman & Wakefield announced the commercial real estate services firm has arranged the sale of Canyon Park, a 252-unit apartment community located in Tallahassee, Florida. The final sale price was $32.25 million. Nick Meoli and...

MassHousing has closed on $35.3 million in affordable housing financing to Urban Edge for the refinancing and extensive renovation of the 78-unit Bancroft Dixwell Apartments in Roxbury and Jamaica Plain.    Urban Edge will utilize the...

Berkadia announces it has secured a $62 million stretch senior loan for the acquisition of Nine East 33rd, a 157-unit/568-bed off-campus student housing property located right across the street from the main entrance of...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Linden on the GreeneWay, a three-story, garden-style, 234-unit multifamily asset in Orlando, Florida. The property sold for $63.5 million, which...

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Granada Apartments, a 78-unit property located in Lauderdale Lakes, Florida. According...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Cantala, a 184-unit apartment property in Glendale, Arizona. The property sold for $51.6 million or $280,435 per unit. “Built in 1986,...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Ocean Villas, a 119-unit apartment asset in Oxnard, California. The property sold for $39.75 million, which equates to $334,033 per...