Friday, March 29, 2024

Deal boom

Apartment deals, mergers and acquisitions

Roslindale House

MassHousing closes on $13.2 million for the refinancing, renovation and extension of affordability of...

MassHousing has closed on $13.2 million in affordable housing financing to Roslindale Senior Housing Corporation, an affiliate of Rogerson Communities, for the refinancing, renovation and extension of affordability for at least 26 years for...
The Anatole Apartment Homes

Cushman & Wakefield arranges sale of The Anatole Apartment Homes

Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of The Anatole Apartment Homes, a 208-unit multifamily community located in Daytona Beach at 1690 Dunn Ave. Mike Donaldson and Nick...
Stonehenge Apartments

HFF closes sale of Stonehenge Apartments in Raleigh, North Carolina

HFF announces the sale of Stonehenge Apartments, a 452-unit, garden-style multihousing community in the North Raleigh submarket of Raleigh, North Carolina. The HFF team marketed the property on behalf of the seller, Chicago-based Magnolia Capital....
Circa at FishHawk Ranch

$53 million acquisition financing secured for Class A multihousing community near Tampa

JLL Capital Markets announced that it has arranged $53 million in acquisition financing for Circa at FishHawk Ranch, a 260-unit, Class A, garden-style multihousing community in the Tampa MSA community of Lithia, Florida. JLL worked...

PCCP, LLC provides $100.6 million senior loan for the development of a 380-unit multifamily...

PCCP, LLC announced that it has provided a $100.6 million senior loan to a joint venture of Woodfield Investments and Argosy Real Estate Partners for the development of Morrison Yard, a 380-unit multifamily community...
Waterside Village

102-unit apartment building sold for $12 million by Marcus & Millichap

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Waterside Village, a 102-unit apartment property located in St. Petersburg, Fla.,...
57 Caton Place

Parkview Financial provides $66 million construction loan for the development of a 131-unit apartment...

Parkview Financial announced it has provided a $66 million construction loan to 57 Caton Place, LLC for the development of a nine-story 131-unit apartment project located at 57 Caton Place in Brooklyn, NY. With...

Hanley Investment Group lists rare 12.60-acre mixed-use residential development opportunity in the heart of...

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm has been awarded the listing of a 12.60-acre former Kmart-anchored...

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...

MassHousing to provide $2.1 million in workforce housing financing for new rental housing community...

MassHousing is providing $2.1 million in affordable housing financing from the Agency’s Workforce Housing Initiative to support the development of 233 Hancock, a 36-unit housing community, Arx Urban. The MassHousing financing will help transform...
Liberty Crossing

Institutional Property Advisors brokers multifamily sale in Utah

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Liberty Crossing, a 95-unit multifamily asset in Salt Lake City, Utah. “The underlying dynamics of the Salt Lake City investment market...
Courtyard Apartments at La Pat Place

CBRE arranges sale of 30-unit multifamily community in Westminster, California

CBRE announced the sale of a 30-unit multifamily community in Westminster, Calif., to a private investor for $10 million.  CBRE’s Executive Vice President Dan Blackwell and Senior Associate Andrew Boukather represented the buyer and seller...

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...

Cushman & Wakefield arranges $79.5m sale for Watkins Real Estate Group

Cushman & Wakefield has arranged the $79.5 million sale of Trees of Newnan, a 500-unit apartment community located in Newnan, Georgia. Chris Spain, Robert Stickel and Alex Brown of Cushman & Wakefield represented the...
San Antonio Sales

Institutional Property Advisors brokered four Class A multifamily asset sales in San Antonio for...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of four multifamily properties totaling 1,267 units in San Antonio, Texas in the first quarter of 2021. The assets sold for...
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