Aztec Group arranges $5.75 million loan for luxury rental building, Grovehaus, in Miami’s Coconut...
Aztec Group, Inc., Florida’s leading real estate investment and merchant banking firm for the past 37 years, announces that Jason Shapiro, Managing Director; Charles Penan, Executive Vice President; and Brell Tarich, Director; have secured...
Walters brings 91 affordable senior housing units to Seaside Heights
Walters, an award-winning developer based in Barnegat, N.J., has completed Cornerstone At Seaside Heights, a new premium age and income-restricted apartment community. Walters redeveloped the site which involved the demolition of several aging buildings...
Prism and Northwestern complete purchase of Woodbridge, N.J., redevelopment site
A joint venture of Prism Capital Partners and Northwestern Mutual Insurance Company has completed the purchase of a five-acre redevelopment parcel at the corner of Rahway Avenue and Green Street in Woodbridge. With full...
CBRE arranges sale of Denim Scottsdale apartments
CBRE arranged the sale of the 644-unit multifamily community Denim Scottsdale on behalf of TruAmerica Multifamily to Bluerock Real Estate.
CBRE’s Tyler Anderson, Sean Cunningham, Asher Gunter and Matt Pesch of Phoenix Multifamily Institutional Properties...
Institutional Property Advisors Closes $80M Multifamily Asset Alta Cooley Station Sale Near Phoenix
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Alta Cooley Station, a 248-unit, mid-rise multifamily property in Cooley Station,...
Rare value-add 122-unit multifamily portfolio in Granada Hills, CA sells for $25 million
Universe Holdings, a Los Angeles real estate investment company, has purchased a three-building, 122-unit multifamily portfolio in Granada Hills, California, for $25 million. Kidder Mathews commercial real estate investment broker, Janet Neman, represented Universe Holdings...
JLL closes sale of Avalon Tinton Falls in Monmouth County
JLL Capital Markets announced that it has closed the sale of Avalon Tinton Falls, a 216-unit, Class A garden-style apartment property in Tinton Falls, Monmouth County, New Jersey.
JLL marketed the property exclusively on behalf...
Portland Oregon-area apartment asset sale brokered by Institutional Property Advisors
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Meadows at Heron Creek, a 178-unit garden-style apartment asset built in 2012 near Amberglen Business Park in Hillsboro, Oregon. The...
$16.96 million equity raise secured for Arkansas student housing community
JLL Capital Markets announced that it has arranged $16.96 million in joint venture equity for Ozark Villas, a 670-bed student housing community serving the University of Arkansas (U of A) in Fayetteville, Arkansas.
JLL worked...
ABI Multifamily brokers 240-unit Tempe apartment community for $42.75 million
ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $42.75 million / $178,125 Per Unit / $231.39 Per SF sale of Sanctuary on Broadway,...
Invictus Real Estate Partners secures $55.83 million for acquisition of The Berkeley at Waypointe...
JLL Capital Markets announced it has arranged $55.83 million in acquisition financing for The Berkeley at Waypointe and Quincy Lofts, a multihousing property located at 500 West Ave and 30 Orchard St. in Norwalk,...
Fogelman Properties completes acquisition of 300-unit multifamily community in Douglasville, Georgia
Fogelman Properties, one of the country’s largest, privately-owned and fully integrated multifamily investment and property management companies, is pleased to announce the acquisition of One Rocky Ridge, a 300-unit multifamily community located in Douglasville,...
Il Palazzo in heart of Little Italy, San Diego purchased for $45.3 million
JLL Capital Markets announced it closed the $45.3 million sale and arranged a $27 million acquisition financing for Il Palazzo, a 108-unit multihousing community located in the heart of Little Italy, San Diego, California.
JLL...
Decron Properties acquires Class A multifamily community in Tempe, Arizona for $64.750 million
Decron Properties has made its second acquisition in the Phoenix MSA in the past six weeks with the purchase of 1221 Broadway, a 194-unit Class-A multifamily community in Tempe, Ariz. for $64.750 million.
Decron made...
Foulger-Pratt to develop 343-unit apartment community in Bethesda, Maryland
Foulger-Pratt based in Potomac, Md. will develop The Rae at Westlake at 10401 Motor City Drive adjacent to Westfield Montgomery Mall in Bethesda, Md. The five-story, 343-unit building will include 299 market-rate and 44...
