Monday, May 6, 2024

Deal boom

Apartment deals, mergers and acquisitions

EquityMultiple

Marcus & Millichap Enters Strategic Partnership with EquityMultiple

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced it has made an equity investment in EquityMultiple, a New York-based real estate financing...
Moncler Willow Lake

North Tampa apartment complex sale closed by Institutional Property Advisors

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Moncler Willow Lake, a 144-unit apartment property in the Wesley Chapel/Lutz area of the Tampa-St. Petersburg MSA, Florida. “Moncler Willow Lake...
Reserve at Nocatee

Passco Companies bolsters Florida portfolio with acquisition of 244-unit multifamily community in Ponte Vedra

Passco Companies, a privately held California-based commercial real estate company that specializes in acquisition, development, and property and asset management throughout the U.S., has acquired The Reserve at Nocatee, a 244-unit luxury multifamily community...
Birch Terrace Apartments

Marcus & Millichap arranges sale and financing for multifamily property in Brea, California

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale and financing of Birch Terrace Apartments, a multifamily property located at...
95-05 35th Ave

Marcus & Millichap arranges the sale of a 103-unit apartment portfolio

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...
Autumn Glen

DB Capital acquires Fifth Salt Lake City multifamily community in the past two years

DB Capital Management (DB Capital) and equity partner Thrive FP has acquired Autumn Glen, a 100-unit apartment community in the Salt Lake City submarket of Taylorsville, Utah. It is DB Capital’s fifth purchase in...
Blue Oak

MBK Rental Living sells Blue Oak Multifamily Community in California’s Central Coast

MBK Rental Living is delighted to have successfully executed the sale of Blue Oak, a 142-unit Class A luxury apartment and townhome community in Paso Robles, California, to a private Los Angeles owner. The...
Terrace Court

Cushman & Wakefield arranges $5.25 million sale on behalf of TCA LLC

Cushman & Wakefield announced that the commercial real estate services firm has arranged the $5.25 million sale of Terrace Court, a 40-unit apartment community located in Birmingham, Alabama. Craig Hey and Jimmy Adams of Cushman...
Radius at Shadow Creek

Berkadia arranges contribution and finance of 1,115-unit multifamily portfolio in Texas and Florida

Berkadia has arranged the contribution and finance of the Southstar Sunbelt Multifamily Portfolio, a four-property portfolio consisting of 1,115 apartment units in Texas and Florida. Senior Managing Directors Chris Curry and Todd Marix, along...
Alexandria Station

Avanath acquires two affordable communities totaling 578 units for nearly $100 million in Washington...

Avanath Capital Management, LLC, a private real estate investment manager and Registered Investment Adviser, has purchased two affordable apartment communities with a combined total of 578 units in Alexandria, Virginia—a city in the Washington...
71-0296 35th St

Stos Partners expands its multifamily holdings with acquisition of San Diego community

Stos Partners, a privately held commercial real estate investment firm, recently acquired an 18-unit multifamily property in the North Park-Cherokee Point submarket of San Diego in an off-market transaction as part of a strategic...
Oaks St. Clair

JLL arranges $318.45 million financing for six-property multihousing portfolio

JLL’s Capital Markets group announced that it secured a $318.45 million acquisition loan for a six-property, 1,494-unit multihousing portfolio located across Maryland, Virginia and Alabama. JLL represented the borrower, Carter Multifamily, to secure the floating-rate,...
Chapel Ridge of Tinker

Oklahoma City multihousing portfolio totaling 512 units sold

JLL Capital Markets announced it closed the sale of a three-property portfolio totaling 512 units located throughout the Oklahoma City area in Oklahoma. JLL represented the seller, Security Properties, to complete the sale to the...
Riverhaus Creekside

Institutional Property Advisors negotiates Texas Hill Country multifamily asset sale

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Riverhaus Creekside, a 281-unit multifamily asset located within the Town Center at Creekside, a 400-plus-acre mixed-use development in New Braunfels,...

HFF arranges financing for mixed-use development in San Diego’s Scripps Ranch

HFF announces it has arranged financing for the development of Carroll Canyon, a luxury residential and retail mixed-use development in San Diego’s affluent Scripps Ranch community. HFF worked on behalf of Sudberry Properties to arrange...
Yield PRO