Deal boom

S.L. Nusbaum Realty Co. is pleased to announce Arbor Trace Apartment Homes was purchased for $28.175M (approx. $190,000 per unit) on September 10, 2021. Bill Overman, CCIM, John Wessling, CCIM and Paul Peck represented...

FCP and VaultCap Partners have followed their July 2021 acquisition of Corey Place Apartments with the purchase of the adjacent 100-unit Prairie Ridge Apartments. The venture plans to combine the properties under a new name,...

Avison Young announced the Sauter Multifamily Group has brokered the $1.7 million sale of Las Vegas Apartments, a 20-unit multifamily property located at 201, 255, and 275 N Decatur Blvd, Las Vegas, Nevada. Avison Young...

Berkadia announces it has secured $91 million in financing for the acquisition of two multifamily properties in the Tampa Bay area: Henley Tampa Palms, a 315-unit apartment community in Tampa, and Enclave at Northwood,...

JLL Capital Markets announced that it has arranged $55 million in joint venture equity and $113 million in construction financing for the development of Bay Shore Residences, a 418-unit, wood-frame residential building with ground-floor...

JLL Capital Markets announced that it has arranged $17.8 million in joint venture equity and $39.9 million in construction financing for Avant, a new 253-unit multihousing development in Ann Arbor, Michigan. JLL worked on behalf...

Gelt, Inc. is pleased to announce it has acquired The Oasis Anaheim, a 312-unit, transit-oriented apartment property located at 3530 E. La Palma Avenue in the northeast area of Anaheim, Calif. The Los Angeles-based...

JLL Capital Markets announced that it has arranged a $35.42 million in acquisition financing for The Parc at Gatlin Commons, a brand new, 200-unit, garden-style multihousing community in Port St. Lucie, Florida. JLL worked on...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of The Retreat, a 148-unit multifamily asset in Santa Clarita, California. The property traded at $54.1 million, which represents $365,540 per...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Riverside, a 164-unit apartment property in Tempe, Arizona. The asset sold for $46 million. “One of the few value-add multifamily assets...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Hillcroft Village, a 192-unit apartment complex in Danbury, Connecticut. “Hillcroft Village is a proven value-add opportunity asset with large, well-designed apartment...

An affiliate of Livingston Street Capital, a boutique private equity firm focused on commercial real estate investments throughout the U.S., has acquired a portfolio comprising two Active Adult (55+) multifamily communities totaling 402 units...

JLL Capital Markets announced that it has arranged senior and mezzanine financing in the amount of $176.45 million for the recapitalization of One Boerum Place, a 138-unit multihousing property with ground-floor retail in Downtown...

PCCP, LLC announced that it has formed a joint venture with Abode Communities, LLC for the ground-up construction of three build-to-rent (BTR) communities in the heart of Raleigh, North Carolina. These infill, Class A,...

JLL Capital Markets announced that it has closed the sale of 225 North Calvert St., a 347-unit, Class A multihousing community with ground-floor retail in the Inner Harbor District of Baltimore, Maryland. JLL marketed the...