Deal boom

Multifamily investment firm Magma Equities (Magma) in two separate off-market transactions has acquired apartment communities in Dallas and Fort Worth representing 562 apartment homes, two of five acquisitions the firm expects to close in...

Cushman & Wakefield announced the commercial real estate services firm has arranged the $75 million sale of Country Club, a 454-unit apartment community located in Charlotte, North Carolina. Watson Bryant and Brooks Colquitt of Cushman...

The Multifamily Group (TMG), a Dallas-based commercial real estate brokerage firm, announced this week that it had facilitated the sale of Villa Sierra & Wyndchase Apartments in El Paso. Chris Siemasko represented the seller,...

Becovic, a Chicago-based multifamily owner and operator, has added a 1920s era courtyard building to its Northside portfolio. The Juneway Gardens, located at 1548-1558 ½ W. Juneway Terrace in Chicago, sold for $7.25 million....

ECI Group has announced the $136 million sale of the Channel Club, a 324-unit, high-rise apartment community in Tampa, Fla., to Arlington, VA-based Snell Properties. The 22-story trophy tower, anchored by a Publix Super Market...

Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has the completed the $41.85 million sale of an apartment property portfolio in Long Beach, Calif. The deal consisted of 17 properties...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Incline at Anthem, a 298-unit, age 55-plus multifamily complex in Herriman, Utah. “The property is the first active, older adult multifamily...

Avison Young Capital Markets Principals Peter Sherman and Jay Maddox and Miami-based Senior Vice President Rosendo Caveiro have brokered the $63.5 million acquisition of Linden on the GreeneWay, a garden-style, 234-unit apartment community located at 13000 Breaking Dawn Drive in...

Levin Johnston of Marcus and Millichap, one of the top multifamily brokerage teams in the U.S. specializing in wealth management through commercial real estate investments, has announced the sale of Constellation Ranch Apartments, a...

Kairos Investment Management Company (KIMC), a firm that focuses on value-based real estate investments with favorable risk/reward characteristics, has acquired Siena Townhomes, a 195-unit affordable multifamily property in Central Las Vegas, Nevada, in an...

JLL Capital Markets announced that it has closed the sale of eaves Lawrenceville, a 632-unit, value-add, garden-style multihousing community near Princeton University in Lawrenceville, New Jersey. JLL represented the seller, AvalonBay Communities, Inc. Constructed in two...

Trion Properties, a private equity real estate firm based in West Hollywood, California and Miami, Florida specializing in multifamily investments, has acquired Patterson Court, a 384-unit luxury multifamily community in Orlando, Florida for $107.75...

JLL Capital Markets announced that it has arranged $52 million in acquisition financing for Point 21 Urban Flats, a 212-unit, luxury, core-plus, podium-style multihousing asset in downtown Denver, Colorado. JLL worked on behalf of the...

Nova Capital, a Los Angeles-based real estate capital advisory firm, has announced that it successfully arranged equity and debt financing for the development of Miles One 90, a planned 389-unit luxury multifamily property in...

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...