Tower 16 Capital Partners acquires four property portfolio, its first multifamily project in Albuquerque
San Diego-based Tower 16 Capital Partners has acquired a four-property portfolio, totaling 572 units in Albuquerque, N.M. The property was acquired from Greenwater Investments for an undisclosed price. “We’re very excited about the acquisition of...
Trophy multihousing property near Phoenix refinanced with $36.35 million loan
JLL Capital Markets announced that it has arranged a $36.35 million refinancing for The Premiere at Eastmark, an apartment community in Mesa, Arizona. JLL worked on behalf of the borrower, Los Angeles-Seaview Capital, to originate...
Joint venture of PCCP, LLC and CARROLL acquires Berkshires at Lenox Park, a 375-unit...
A joint venture of PCCP, LLC and CARROLL has acquired Berkshires at Lenox Park, a 375-unit multifamily community that will be rebranded as ARIUM Lenox Park. The property is located at 2124 Gables Drive...
Trion Properties continues Southeast expansion with acquisition of 312-unit multifamily community in Charleston, South...
Trion Properties, a private equity real estate firm based in West Hollywood, California and Miami, Florida specializing in multifamily investments, has expanded its Southeast presence with the acquisition of Latitude at West Ashley, a...
ECI Group announces sale of two Atlanta-area apartment communities for total of $124.75 million
ECI Group has announced the sale of two apartment communities, The Columns at Sweetwater Creek with 270 units in Lithia Springs, GA and The Columns at Peachtree Corners with 304 units in Norcross, GA...
ABI Multifamily brokers 203-unit Northwest Phoenix multifamily apartment community for $48 million
ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $48,000,000 / $236,453 Per Unit / $307.13 Per SF sale of Canyon Springs Apartments, a...
Cushman & Wakefield arranges sale of Thayer Point multifamily community
Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of Thayer Point, a 266-unit multifamily apartment community located in Killeen, Texas. John Carr and Ben Fuller of Cushman...
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...
Excelsa Properties acquires multifamily community in Fort Mill, South Carolina for $61.54 million
Excelsa Properties announced that it has acquired Fox Hunt Farms Apartments, a multifamily property located at 355 Armistead Avenue in Fort Mill, South Carolina from York Investment Properties in an off-market transaction. This $61.54...
Institutional Property Advisors completes $60 million apartment sale in L.A.’s Hancock Park
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Broadstone Candara at Hancock Park, a 103-unit multifamily asset in Los Angeles, California. The property sold for $60.1 million, which...
Kiser Group advises on $117 million Park Ridge Commons sale
Kiser Group, Chicagoland’s leading multifamily brokerage firm, represented both the buyer, Bayshore Properties, and seller, H.A. Langer & Associates, in the sale of Park Ridge Commons in Des Plaines, Illinois. The 752-unit multifamily property...
Champion Real Estate Company sells multifamily community in Nashville, Tennessee for $20.5 million as...
Champion Real Estate Company (Champion), announced that it has sold Amplify on Main, a 74-unit multifamily community to an undisclosed buyer for $20.5 million. Champion acquired the property in 2015 for $14.1 million. Built in...
Cushman & Wakefield arranges sale of The Current at Coastal student housing community
Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of The Current at Coastal, an off-campus student housing community situated directly adjacent to Coastal Carolina University (CCU). Travis Prince,...
Berkadia arranges $86.25 million sale of new luxury apartment community in Suburban Orlando
Berkadia announces it has arranged the sale of Alta East Shore, a brand new, 285-unit, luxury garden-style community in the Orlando area suburb of Apopka. Managing Directors Brett Moss and Matt Wilcox, and Associate Director...
CBRE arranges sale of apartment community in South Portland, Maine
CBRE announced that it has arranged the sale of Redbank Village and Liberty Commons, a 620-unit townhouse and garden-style apartment community located at 62 MacArthur Circle East in South Portland, Maine, for an undisclosed...
