Marcus & Millichap Brokers $84.75 Million Multifamily Asset Sale in Raleigh-Durham North Carolina
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of Kelby Farms, a 277-unit multifamily property in Durham, North Carolina....
Cityview Reveals Name for 378-Unit Opportunity Zone Project in Oakland’s Brooklyn Basin
Cityview, a premier multifamily investment management and development firm, unveiled the name of its 378-unit opportunity zone project in Oakland, California as Portico. Slated to complete in December 2023, the project is designed to...
Berkadia arranges sale and financing of Fort Lauderdale Apartments
Berkadia announces it has arranged the sale and financing of Green Tree Apartments, a value-add apartment community with 296 units located in Fort Lauderdale, Fla. The property traded for $58.5 million, representing $197,635 per...
Denver multihousing community secures $12.6 million financing
JLL Capital Markets announced that it has arranged $12.6 million in acquisition financing for Signalmen Apartments, a 52-unit, Class A, luxury, boutique apartment community located in the Sloan’s Lake neighborhood of Denver, Colorado.
JLL represented...
Connor Group Acquires 326-Unit Broadstone Olivine Apartments in Denver for $100M
Adding to its multifamily properties in the Denver area, the Connor Group purchased a Littleton community for $100 million. The Connor Group bought its first multifamily property, Broadstone Olivine, in the Denver area in...
Becovic adds iconic Howard Theater Building in Rogers Park to its portfolio
Becovic, a Chicago-based multifamily owner and operator, has added The Howard Theater Building to its Rogers Park portfolio. The mixed-use property at 1615-43 W. Howard Street sold for $7,500,000 and was brokered by Becovic...
Boston public housing community will undergo extensive renovation with $38.7 million in MassHousing financing
MassHousing has closed on $38.7 million in affordable housing financing to the non-profit Inquilinos Boricuas En Accion, Inc. (IBA), for the rehabilitation and preservation of the West Newton Apartments, a 146-unit public housing community...
Thompson Thrift Residential sells The Retreat in Corpus Christi
Thompson Thrift Residential, a wholly-owned company of Indianapolis-based Thompson Thrift, announced the sale of The Retreat, a 324-unit multifamily community located in The District of Timbergate area of Corpus Christi. A private real estate...
Legacy MCS Announces Build to Rent Community The Village at Hutto Station Near Austin
LEGACY MCS to bring 276-unit Build to Rent Community called the Village at Hutto Station. Legacy MCS is a premier full-service general contractor firm specializing in multi-family pre-construction and construction management.
The Village at Hutto...
Value-add multifamily asset trades hands in Central Florida
Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of Royal Isles, a 264-unit apartment community in Orlando, Florida.
“Royal Isles...
Financing secured for University of Tennessee student housing community
JLL Capital Markets announced that it has arranged the acquisition financing for 303 Flats, a Class A, 138-unit / 431-bed, mid-rise student housing community located at the University of Tennessee in Knoxville.
JLL represented the...
Invictus Real Estate Partners secures $55.83 million for acquisition of The Berkeley at Waypointe...
JLL Capital Markets announced it has arranged $55.83 million in acquisition financing for The Berkeley at Waypointe and Quincy Lofts, a multihousing property located at 500 West Ave and 30 Orchard St. in Norwalk,...
Northern California multifamily sale completed by Institutional Property Advisors
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Mira Vista Hills, a 280-unit apartment community in Antioch, California. IPA’s Salvatore Saglimbeni, Stanford Jones, Philip Saglimbeni, and Alex Tartaglia...
Transwestern Investment Group acquires 283-unit apartment community in Charleston, South Carolina
Transwestern Investment Group (TIG) announces the acquisition of Daniel Island Village, a 283-unit apartment community at 455 Seven Farms Drive in Charleston, South Carolina.
“We believe the asset’s location in the upscale, master-planned community of...
CBRE Arranges $2.8M Sale of 10-Unit Multifamily Community in Garden Grove California
CBRE announced the sale of a 10–unit multifamily property in Garden Grove, California to a private buyer for $2.875 million, representing $287,500 per unit and $334 per square foot. This marks the first time...