WPC acquires The Mark Apartments in Alexandria, Virginia for $52.7 million
Washington Property Company (WPC) has acquired The Mark, a 227-unit apartment tower in Alexandria, Virginia, for $52.7 million.
The seller, an affiliate of Northpoint Realty Partners, was represented by Brian Crivella, Walter Coker, and Bill...
Newmark arranges sale and financing of 210-unit value-add multifamily property in East Austin, Texas
Newmark has completed the sale and financing of The Sofia Apartments, a 210-unit value-add multifamily property located minutes from downtown Austin, Texas. The property traded from Dallas-based Lion Real Estate Group and Los Angeles-based...
The Multifamily Group sells 136-unit B-Class asset in Houston
The Multifamily Group (TMG), a Dallas-based commercial real estate brokerage firm, announced this week that it had facilitated the sale of Pebble Creek Apartments, a garden-style 136-unit asset in Houston.
Chris Siemasko represented the seller,...
$10 million financing secured for New Jersey mixed-use community
JLL Capital Markets announced that it has arranged $10 million in refinancing for The Grande at Norwood, a recently completed, 41,463-square-foot mixed-use community in affluent Norwood, New Jersey.
JLL represented the borrower, Maxim Realty Trust,...
Dominium begins construction on East Range Crossings
Dominium, a leading apartment owner, developer and manager, with regional headquarters in Denver, announced today that it will begin construction on East Range Crossings, a 252-unit affordable housing development in Denver, Colo.
Dominium will begin...
Yardi acquires coworking technology firm Phoenix Broadband Ltd.
Yardi announced today the acquisition of Phoenix Broadband Ltd., an innovative business technology firm specializing in infrastructure and hardware solutions for shared workspaces. Based in Stirling, Scotland, Phoenix Broadband is known for its Medusabusiness brand....
Napali Capital acquires North Carolina apartment complex Destination at Union
Napali Capital, LLC, a leading Texas-based real estate investment company announces the acquisition of Destination at Union apartment community in Gastonia, North Carolina.
Napali Capital and subsidiary Napali Residential Group will own and operate the...
Institutional Property Advisors brokers $150 million luxury multifamily asset sale in Scottsdale, Arizona
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of SeventyOne15 McDowell, a newly built, 274-unit multifamily asset in Scottsdale, Arizona. The property sold for $150 million, or $547,445 per...
Interra Realty brokers $11 million sale of TOD in Chicago’s Fulton River District
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the sale of a 36-unit transit-oriented multifamily property in the Fulton River District of Chicago's West Loop neighborhood. The building sold...
The Keyes Company’s Carlos Villanueva arranges $5.6 million Little Havana rental portfolio sale
The Keyes Company’s Carlos Villanueva has completed the $5.6 million sale of a portfolio of 57 rental apartments in Miami’s Little Havana neighborhood. Villanueva, who is District Sales Manager of the firm’s Coral Gables...
Institutional Property Advisors Closes Multifamily Asset Sale
Institutional Property Advisors, a division of Marcus & Millichap, announced today the sale of Charles Drive, a 67-unit multifamily property in Manchester, Connecticut.
"Manchester is home to a large population of renters working in the
aerospace,...
Institutional Property Advisors Brokers $80 Million Puget Sound Multifamily Asset Sale
Institutional Property Advisors, a division of Marcus & Millichap, announced the sale of Waters Edge, a 304-unit multifamily asset.
Ideally located within The Lakes master-planned community, consisting of high-end waterfront single-family residences, condos, and...
Cushman & Wakefield arranges three-property portfolio sale for McDowell Properties
Fairways at Hartland located in Bowling Green, Kentucky
Cushman & Wakefield has arranged the sale of a three-property, 697-unit portfolio located in Kentucky and Mississippi. Jimmy Adams, Robbie O’Bryan, and Craig Collins of Cushman &...
Marcus & Millichap arranges $4.6 million deconversion sale in Chicago’s Buena Park neighborhood
Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the deconversion sale of 4072 N. Sheridan Road, a four-story, 16-unit multifamily building...
Admiral Capital Real Estate Fund II, LP and Security Properties acquire Cambridge at Hickory...
Admiral Capital Real Estate Fund II, LP (“ACRE II”), an affiliate of Admiral Capital Group (“Admiral”), and Security Properties (“SP”) purchased Cambridge at Hickory Hollow, a 360-unit multifamily property located in Nashville, Tenn.
Cambridge at...
