Deal boom

Apartment deals, mergers and acquisitions

The Wolff Company announces plans to develop new senior living community in Torrance

The Wolff Company, a Scottsdale-based private equity firm and senior living developer, will break ground later this year on Revel South Bay, a new independent living apartment community adjacent to Manhattan, Redondo, Torrance and...

Motion at Dadeland tops off at 25 stories

13th Floor Investments and Adler Group announce that Motion at Dadeland, a mixed-use project next to the Dadeland North Metrorail station, has officially topped off construction at 25 stories. The project is comprised of...

Aztec Group arranges sale of Flagler 626, site proposed for 97 rental units in...

Aztec Group, Inc., Florida’s leading real estate investment and merchant banking firm for the past 37 years, announces that Managing Director, Peter Mekras, has arranged a $2.75 million sale of 27,000 square feet of...

City Club Apartments breaks ground on City Club-CDB Detroit

Farmington-Hills based City Club Apartments broke ground today on its City Club Apartments—Central Business District (CBD) Detroit mixed-use apartment, furnished short-term and penthouse community. Mayor Mike Duggan and City Club Apartments Chairman, CEO and Detroit native Jonathan...

Cypress Real Estate Advisors purchases former credit union of Texas on Ross Avenue

Transwestern today announces an affiliate of Cypress Real Estate Advisors Inc. has purchased a 3.83-acre site at 4600 Ross Avenue in Dallas from a local investment partnership. Cypress plans to build an urban-style, four-story...

GI Partners acquires New Jersey data center at 492 River Road

GI Partners, a leading private investment firm, today announced the acquisition of 492 River Road in Nutley, New Jersey. 492 River Road is a mission critical facility totaling approximately 130,000 square feet. Fully renovated...

Iconic downtown Kansas City landmark for sale at $49 Million

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced it has been awarded the exclusive listing for 909 Walnut, a 34-story Art Deco, Gothic Revival-style building and an adjacent eight-story parking garage...

Evergreen Real Estate Group celebrates groundbreaking of 2 co-located library/senior housing projects on Chicago’s...

Evergreen Real Estate Group recently celebrated the groundbreaking of two co-located housing and library projects it is developing in partnership with Mayor Rahm Emanuel, the Chicago Housing Authority and Chicago Public Library. City and...

WRS unveils S9Architecture’s renderings for the redevelopment of Underground Atlanta

WRS, Inc. is pleased to share new renderings of their 4-block downtown re-development specifically the area located at the Southwest corner of Central and Alabama known as Kenny’s Alley/Underground Atlanta mall. Featuring more than...

IPA brokers record-setting multifamily sale in Ventura

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces the sale of Via Ventura, a 192-unit apartment complex in Ventura, California. The property sold for $74 million, which equates to $385,417 per...

Pathway to Living expands to Michigan with senior housing acquisition

Pathway to Living, a Chicago-based developer, owner and operator of senior living communities, today announced it has completed its acquisition of the property formerly known as Elmcroft of Kentwood in Kentwood, Mich. Located at...

Morgan opens luxury Pearl La Floresta in California

MORGAN, a leader in upscale multifamily development, construction and property management, has opened and started leasing Pearl La Floresta in Orange County, California. The five-story midrise, MORGAN's latest luxury apartment community in its portfolio...

Trez Forman Capital Group closes $44.8 million construction loan

Florida-based Trez Forman Capital Group has completed a $44.8 million loan to finance construction of a new maintenance-free residential community in Southwest Florida geared towards baby boomers.  The loan, which closed Thursday, February 1st,...

TransUnion + ApartmentJet address short term rental tenant screening challenge

Short-term rentals have caused major disruptions to the apartment industry, sometimes resulting in evictions, lawsuits and even regulatory changes. TransUnion announced it has partnered with ApartmentJet, Inc. to help multifamily property owners and management...

San Fernando Valley apartment complex trades hands at $45 million

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces the sale of Cielo Apartments, a 119-unit multifamily property in Chatsworth, California. The $45 million sales price equates to more than $378,000 per...
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