Standard Communities and Faring form joint venture to create $2 billion of middle-income housing...
Standard Communities, one of the nation’s preeminent affordable and workforce housing investors, and Faring, among California’s most prolific developers, have formed a joint venture to create over $2 billion of “missing-middle” housing throughout California...
ABI Multifamily brokers 120-unit multifamily-hotel conversion opportunity for $13.2 million
ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $13,200,000 / $110,000 Per Unit / $232.66 Per SF sale of 1410 South Country Club...
Senior living community trades for $18 million in Savannah
JLL Capital Markets announced that it has closed the $18 million sale of Summer Breeze, a 79-unit independent living, assisted living and memory care community on Wilmington Island in Savannah, Georgia. JLL represented the seller,...
Kiser Group advises on $5 million sale of a 40-unit multifamily property in Chicago’s...
Kiser Group, Chicagoland’s leading multifamily brokerage firm, announced its closing on a 40-unit multifamily property in Chicago’s Andersonville neighborhood today. 5301 N. Ashland Ave. went under contract in four days at its full asking...
Westmount Realty Capital’s national investment portfolio thrives with acquisition of 14th multifamily property in...
Westmount Realty Capital announced the acquisition of West End on Eldridge, a Class A, Mediterranean-style apartment community located at 2255 Eldridge Parkway in the popular Energy Corridor in west Houston. The 192-unit multifamily community...
Institutional Property Advisors closes 276-unit multifamily sale in Salt Lake City suburbs
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Falls at Hunters Pointe, a 276-unit multifamily property in Sandy, Utah. “Built in 1994, Falls at Hunters Pointe benefits from the...
Next Wave acquires prime unrenovated 118-unit multifamily community in Pacific Northwest for $23.8 million
Next Wave Investors, LLC (Next Wave) a private equity firm focused on value-add multifamily investments, has acquired Ashley Terrace, a 1993-vintage, 118-unit unrenovated apartment community in the affluent Walnut Grove submarket of Vancouver, Washington...
Franklin Street achieves record pricing for South Atlanta multifamily asset
Franklin Street has arranged the sale of Central Park Apartments, a value-add, workforce housing community in Riverdale, Georgia, a fast-growing submarket just south of Atlanta. The 90-unit asset sold $8,640,000, achieving record pricing for...
Capital Square 1031 acquires another newly constructed, trophy multifamily community in Greater Richmond, Virginia
Capital Square 1031, a leading sponsor of Delaware statutory trust (DST) offerings for 1031 exchange and other accredited investors, announced the acquisition of Livingston Apartment Flats, a Class A, 307-unit multifamily community in the...
Institutional Property Advisors completes two-property Fort Worth multifamily sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Alta LeftBank, a two-property multifamily asset totaling 589 units in the West 7th Street District of Fort Worth, Texas. The...
$76.8 million loan arranged for S’PARK Phase I in Boulder
JLL Capital Markets announced that it has arranged a $76.8 million loan for S’PARK Phase I, a newly constructed, mixed-use, Class A, multihousing community with office and ground-floor retail space in the Boulder Junction...
West Shore acquires asset in Florida and passes milestone of 10,000 units
West Shore LLC, a multifamily real estate investment firm, has achieved a portfolio milestone of owning and operating more than 10,000 units, and continues to expand with the acquisition of Parkside at East Village,...
Electra Capital provides $6.2 million participating preferred equity on Houston apartment portfolio acquisition
Electra Capital, a boutique lender specializing in flexible, short-term multifamily financing solutions, has closed on a $6.2 million participating preferred equity investment in the Cypress Station Portfolio, two multifamily communities located in Houston, Texas...
ABI Multifamily brokers 110-unit North Scottsdale multifamily apartment community for $35 million
ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $35,000,000 / $318,182 Per Unit / $417.23 Per SF sale of 92Forty Scottsdale Apartments, a...
PCCP, LLC and Doran Companies form joint venture for the development of a Class...
A joint venture of PCCP, LLC and Doran Companies announced it will develop a class A, 350-unit multifamily project located on 5.15 acres at 5959 Shady Oak Road, in Minnetonka, MN. Groundbreaking is expected...
