Deal boom

Diversified Properties, one of the region’s most experienced and active commercial real estate developers and owners, announces the completion of the amenity package at Summit Court, a 393-unit, luxury multifamily community in Union, N.J. Strategically...

Leading national multifamily developer Alliance Residential is proud to announce the opening of its newest apartment community, Prose New Hope in Northeast Raleigh. Prose New Hope is in the heart of a high-growth employment corridor...

Newmark Group, Inc. (Newmark), a leading adviser and service provider to large institutional investors, global corporations, and other owners and occupiers of commercial real estate announces it has secured a $947 million loan for...

CBRE announced the sale of two multifamily apartment communities totaling 38 units and $12.12 million in Orange County, Calif., in the completion of a 1031 exchange.   CBRE’s Executive Vice President Dan Blackwell, First Vice...

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of The Bleu, a 63-unit multifamily property located in New Britain, Connecticut. “New...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale and financing of Aria, a 102-unit, transit-oriented, boutique multifamily property with 2,161 square feet of retail space in Redmond, Washington. The...

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of a 103-unit apartment portfolio located in Queens, N.Y. The asset sold...

CBRE announced the sale of 22501 Hawthorne Boulevard, a 3.82-acre redevelopment site in Torrance, California, to Intracorp Homes, for $21 million. The CBRE team of John Read, Greg Sullivan and Trent Steeves represented the seller,...

Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the $6.1 million sale of a 16-unit mixed-use building in Chicago’s Logan Square neighborhood. The transaction equated to $381,562 per unit—one...

JLL Capital Markets announced that it arranged a $49.7 million construction loan for Highgate at Livingston (Highgate), a 169-unit, mid-rise, Class A, luxury apartment development located in Livingston, New Jersey. JLL worked on behalf of...

Avanath Capital Management LLC, a multifamily owner and operator that primarily focuses on affordable and workforce housing, announces that it has acquired Rivers Senior, a 120-unit affordable senior housing community located in West Sacramento,...

ECI Group (ECI) announces the acquisition of Longitude 81 Apartments, a 260-unit, upscale apartment community at 11221 Everblades Parkway in Estero, Florida. Built in 2016, Longitude 81 encompasses 11, two-story apartment buildings on 17.95...

JLL Capital Markets announced that it has arranged $55.18 million cashout refinancing for The Iris, a 276-unit, garden-style apartment complex in the Denver suburb of Arvada, Colorado. JLL worked on behalf of the borrower, VareCo,...

JLL Capital Markets announced that it has closed the $3.65 million sale of Irving School Apartments, a historic, 44-unit, 1895-built multihousing community located in Duluth, Minnesota. High Point Holdings L.L.C. acquired the asset. Built in 1895,...

CBRE announced the sale of a 14-unit multifamily community in Anaheim, Calif., to a private investor for $5.9 million, marking one of the highest prices per unit sale in the city of Anaheim.   CBRE’s...