Friday, April 19, 2024

Deal boom

Apartment deals, mergers and acquisitions

Continental Partners secures $34 million in financing for new 144-unit multifamily development in Los...

Continental Partners, a commercial real estate investment banking firm, has successfully arranged a $34 million loan regarding a newly constructed 144-unit multifamily asset in the North Hollywood submarket of Los Angeles, California. The loan serves...
FAT Village

Hines Secures $220M Construction Loan for Ft. Lauderdale Mixed-Use Development FAT Village

Hines and local partner Urban Street Development have secured a $220 million loan from Bank OZK for the construction of phase 1 of FAT Village, a 5.6-acre, 835,000-square-foot master-planned urban mixed-use development in Fort...
Modera Davis

JLL completes sale of Modera Davis in Portland

JLL Capital Markets announced that it has completed the sale of Modera Davis, a 204-unit, luxury high-end residential community located in Portland, Oregon’s Pearl District. JLL marketed the property exclusively on behalf of the seller,...
Waters Technology Park

Former office park in San Mateo, California, sells for $106 million

A prime parcel of 11 acres strategically positioned between San Francisco and Silicon Valley has been purchased by Pulte Homes for redevelopment into a residential neighborhood of 190 homes, according to Cameron Fowler of...
5601 31st Avenue South

The Babb Group arranges the sale of a 6-unit apartment building in Gulfport, Florida

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of 5601 31st Avenue South, a 6-unit apartment property located in Gulfport,...
Camden Parc Apartments

Solano County apartment complex sale brokered 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 Camden Parc Apartments, a 232-unit apartment complex. The property sold for...
Dolce Living Home Town

Institutional Property Advisors brokers Dallas-Fort Worth multifamily sale

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Dolce Living Home Town, a 316-unit apartment asset in the suburban Fort Worth city of North Richland Hills, Texas. “Dolce Living...
Bell at Salem Station

CBRE arranges sale of Bell at Salem Station multifamily community to affiliate of Pacific...

CBRE announced that it has arranged the sale of Bell at Salem Station, a 266-unit, 100 percent market multifamily community located at 190 Bridge Street in Salem, Mass. CBRE Capital Markets’ multihousing experts Simon Butler,...
Radius Sandy Springs

The RADCO Companies announces sale of Radius Sandy Springs apartment complex in Atlanta

The RADCO Companies (RADCO), one of the nation’s leading opportunistic real estate developers, announced the sale of Radius Sandy Springs, a 532-unit apartment community located at 7700 Colquitt Road in Atlanta, GA. The deal represents...
Jamestown and Williamsburg

The Multifamily Group brokers 48 units in Temple, Texas

The Multifamily Group (TMG), a Dallas-based commercial real estate brokerage firm, announced this week they facilitated the sale of Jamestown and Williamsburg in Temple. TMG Advisor Danny Wieland represented the seller, and Vice President...
The Willow

Capitalization secured for The Willow, a new multihousing project in Dallas, Texas

JLL Capital Markets announced it closed on the capitalization of The Willow, a 190-unit multihousing development located in the rapidly growing Deep Ellum micromarket of Dallas, Texas, on behalf of the developer, Larkspur Capital...
Westwood Glen

FCP acquires Westwood Glen Apartments in Atlanta for $24.5 million

FCP announces the acquisition of Westwood Glen, a 247-unit apartment community in Atlanta, GA for $24.5 million. The acquisition marks FCP’s 21st investment in Atlanta and the 9th in the city’s Westside. “Located in the same...
Palm Springs

Cushman & Wakefield arranges $13 million sale on behalf of PISMO

Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of Palm Springs, an 86-unit apartment community located in Hialeah, Florida. The final sale price was $13 million. Calum Weaver...
Folly Brook Manor

Institutional Property Advisors brokers sale of Hartford County Condominiums

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Folly Brook Manor, a 184-unit property. “Historically an investor-owned condominium rental housing, Folly Brook Manor is now wholly owned by one...
Pepperell Mill Campus

Downtown Biddeford’s iconic Pepperell Mill changes hands with new ownership

Presidium, a fully-integrated real estate firm, whose Maine partners have a long and respected history of development in Maine, has acquired the Pepperell Mill Campus, with plans to rejuvenate and enhance the property. Located...
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