$45 million in construction financing secured for ultra-luxury condominium development in Charlotte
JLL Capital Markets announced that it has arranged $45 million in construction financing for The Regent at Eastover, a 32-unit, boutique, ultra-luxury condominium development in the Eastover neighborhood of Charlotte, North Carolina.
JLL worked on...
WPC acquires The Mark Apartments in Alexandria, Virginia for $52.7 million
Washington Property Company (WPC) has acquired The Mark, a 227-unit apartment tower in Alexandria, Virginia, for $52.7 million.
The seller, an affiliate of Northpoint Realty Partners, was represented by Brian Crivella, Walter Coker, and Bill...
Tower 16 Capital Partners acquires a 160-unit multifamily property in Phoenix for $30.4 million
San Diego-based Tower 16 Capital Partners has acquired Park 67 Apartments, a 160-unit multifamily property located in Glendale, Ariz., for $30.4 million. The Park 67 Apartments project was built in 1973 and was acquired...
Champion Real Estate Company sells student housing community near University of Southern California for...
Champion Real Estate Company (Champion), announced that it has sold Victory on Ellendale, a 24-unit, 96-bed student housing community in Los Angeles to an undisclosed buyer for $20.5 million. Champion acquired the property in...
TruAmerica Multifamily acquires 310-unit apartment community in Dallas/Ft. Worth.
TruAmerica Multifamily has built its portfolio in Texas to nearly 3,000 units in less than 18 months with the acquisition of Rancho Mirage, a 310-apartment home community in the Dallas/Fort Worth submarket of Irving.
Rancho...
Cushman & Wakefield arranges sale & financing of Oasis at Belmont multifamily community
Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of Oasis at Belmont Park, a 234-unit apartment community located in Manatee County at 4300 18th St. W.
Nick Meoli and...
Institutional Property Advisors brokers multifamily asset sale in Greater Los Angeles
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of South Hills Apartments, an 85-unit apartment property in West Covina, California. The $38.25 million sales price equates to $450,000 per...
Parallel Capital Partners sells parcel at Arizona Center for residential high-rise development
San Diego-based Parallel Capital Partners has sold a nearly one-acre parcel within its 16-acre Arizona Center Project – a mixed-use center, located at 3rd and Van Buren Streets in downtown Phoenix – to Florida-based North American Development...
Largest market-rate apartment complex in West Hartford sold by IPA for $20.85 million
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Westwood Apartments, a six-building, 200-unit multifamily asset in West Hartford, Connecticut. The property, which is the largest market-rate multifamily property...
DCHFA finances the construction of assisted living community in Ward 8 –The Residences at...
Today the District of Columbia Housing Finance Agency (DCHFA) issues $50 million in bond financing for the construction of The Residences at Southern Avenue a 152 apartment assisted living community reserved for seniors age...
Toll Brothers Apartment Living and Willton Investment Management to Develop 456-Unit Luxury Rental Community...
Toll Brothers, the nation’s leading builder of luxury homes, through its Toll Brothers Apartment Living rental division, and Willton Investment Management have announced a new joint venture to develop Lumara, a four-story, 456-unit multifamily...
JLL closes sale and financing of Houston apartments
JLL announced that it has closed the sale and arranged financing of The Place at Greenway, a 219-unit, garden-style apartment community in Central Houston.
JLL marketed the property exclusively on behalf of the seller, Redwood...
BLT Enterprises sells fully entitled apartment site in West Los Angeles for $13.75 million
BLT Enterprises, a multi-faceted real estate investment company based in Santa Monica, California, has sold a former gas station and parking lot in Los Angeles, California for $13.75 million.
BLT, with the help of their...
Cushman & Wakefield arranges $31.5 million sale for Mount Auburn Multifamily
Cushman & Wakefield has arranged the $31.5 million sale of Villas at Cordova, a 256-unit apartment community located in Memphis, Tennessee. Mike Kemether and Craig Hey of Cushman & Wakefield represented the seller, Mount...
Willow Ridge apartments purchased by Alfa TX Investment Group
JLL Capital Markets announced that it has closed the sale and acquisition financing for the garden-style Willow Ridge apartments in Southwest Houston.
JLL completed the sale for the seller, Sentinel Capital, to the buyer, Alfa...
