Thursday, February 6, 2025

Deal boom

Apartment deals, mergers and acquisitions

Barclay Village

CBRE Arranges Financing for Multifamily Community Barclay Village in Oregon City

Barclay Village, a 146-unit, garden-style multifamily community in Oregon City, Oregon, traded hands in a $29.2 million ($200k/unit) deal. The property was built in 1987 and has been undergoing extensive renovations since 2017. Barclay Village...
Saddleback Village

Dominium Acquires Saddleback Village at Stonegate BTR Community in Maricopa Arizona

Walker & Dunlop (W&D) has arranged $45.7 million in permanent debt and $41.5 million in LIHTC equity for Saddleback Village at Stonegate, a build-for-rent multifamily development located in Maricopa, Arizona. Dominium, the developer, purchased the...
Denver Cascade

CBRE Announces $62M Sale of Colorado Manufactured Home Community Denver Cascade

Denver Cascade, a 382-space manufactured home community in Denver, sold for $62 million ($162.3k/space), making it the highest-price manufactured housing community (MHC) sale in Colorado’s history and the largest non-coastal MHC transaction in the...
Texas Design and Construction

Texas Design and Construction Announces Groundbreaking Mixed-Use Development in Austin

Texas Design and Construction, a leading construction company with a legacy of excellence since its founding in 1995, is thrilled to announce its latest ambitious project: a state-of-the-art mixed-use development in the heart of...
NV Apartments

Security Properties Acquires Portland Multifamily Complex NV Apartments

A partnership between Security Properties and an affiliate of Rockwood Capital closed on the acquisition of NV Apartments, a 284-unit multifamily property built in 2016 and located in Portland, Oregon. Located in Portland’s North Pearl...
Gardner Village

Atlanta Housing and Partners Celebrate with Ribbon-Cutting at Juanita H. Gardner Village

Atlanta Housing (AH), in collaboration with Invest Atlanta, the City of Atlanta, the Georgia Department of Community Affairs, and development partners Timshel Development, CRN Development, Gateway Development Corporation, and Hill Tide Development, announces the...
Splash Apartments

Splash Apartments Opens and is Now Leasing in Portland’s Vibrant Kerns Neighborhood

Security Properties is excited to announce the opening of Splash Apartments, a 219-unit multifamily residential community in Portland's Kerns neighborhood. The property welcomed its first residents on Oct. 25, 2024, shortly after Time Out...
Crossing 5

BAM Capital Investors Poised to Profit in New Joint Venture Development Deal for Crossing...

BAM Capital, an award-winning private equity firm operating north of Indianapolis, publicizes its partnership with veteran developer J.C. Hart to deliver a 315-unit multifamily community, Crossing 5 Towns & Flats, to Plainfield, Indiana. With a...
Townhomes at Lake Park

Venterra Realty Acquires The Townhomes at Lake Park in Pearland Texas South of Houston

Venterra Realty recently acquired The Townhomes at Lake Park community located in Pearland, Texas south of Houston. The 247-unit garden-style multifamily community is well located in Pearland, Texas, a suburb of South Houston. Venterra has...
Verandas at Cityview

Knightvest Capital Expands Presence in Fort Worth with latest Acquisition of Verandas at Cityview

Knightvest Capital, a vertically integrated multifamily investment firm, announced the acquisition of the apartment community Verandas at Cityview in Fort Worth, Texas. This successful close marks the fourth acquisition in Knightvest's Fund II and...
The Clark on 54th

Joint Venture Breaks Ground on The Clark on 54th in Los Angeles’ Crenshaw District

The Clark family and Praxis Development Group broke ground on The Clark on 54th, the first Black-, woman- and locally-owned development in Los Angeles’ Crenshaw district. The Clark on 54th includes 38 market-rate units, 10...
Slippery Hill

TM Associates and Green Street Housing Announce Grand Opening of Slippery Hill Senior and...

TM Associates and Green Street Housing, joined by the Maryland Department of Housing and Community Development (DHCD), Queen Anne's County officials, partners, and community members proudly announce the grand opening of Slippery Hill Senior...
Alta Park Central

Wood Partners Unveils Alta Park Central in North Dallas

Leading multifamily developer Wood Partners announced the grand opening of Alta Park Central, a 297-unit, five-story multifamily community in North Dallas. "Location and accessibility are key factors potential residents are considering when choosing their homes,"...
The 305

Alliance Residential Opens The 305 Multifamily Complex in Waltham Massachusetts West of Boston

Alliance Residential Company has opened The 305, A Broadstone Community, a 314-unit apartment community in Waltham, Massachusetts. “Waltham offers many advantages for residents,” said Michael Boujoulian, managing director for Alliance Residential. “Waltham isn’t just a...
505 State Street

JLL Facilitated Senior Financing for First All-Electric Skyscraper in NYC at 505 State Street

JLL Capital Markets announced that it has secured a $290 million recapitalization financing for 505 State Street, a premier 440-unit residential tower in Downtown Brooklyn, New York, and the first all-electric carbon neutral skyscraper...
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