TOC zoned multifamily property in Pico Robertson neighborhood sells for $5.2 million
The Bedford Apartments, a multifamily land redevelopment property, located at 1442-1446 S. Bedford Street in Los Angeles, California, has been purchased by Trion Properties, Inc., a large real estate investment company, for $5,200,000. The...
The RADCO Companies announces sale of Radius Palms in Tampa, Florida
The RADCO Companies (RADCO), one of the nation’s leading opportunistic real estate developers, announced the sale of Radius Palms, a 540-unit apartment community located at 14501 Caribbean Breeze Drive in Tampa, Florida. The property...
$22.15 million non-recourse loan arranged by Marcus & Millichap Capital Corp.
Marcus & Millichap Capital Corp. (MMCC), a leading provider of commercial real estate financing and capital markets expertise, has arranged a $22.15 million non-recourse loan to refinance Oakmont Apartments, a 336-unit, garden-style apartment complex...
All-cash multifamily sale in San Diego’s Little Italy
Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of Villa Cusma, a 40-unit luxury apartment complex with one retail...
Mill Creek completes seventh acquisition of past year
Mill Creek Residential, a leading multifamily investor, developer, and operator specializing in premier apartment communities across the U.S., announced the acquisition of Alister Nanuet, which marks the company’s seventh acquisition of the previous 12...
Cushman & Wakefield arranges $24.5 million sale on behalf of Finvarb Group
Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of Marina Del Rey, a 108-unit apartment community located in Miami Beach, Florida. The final sale price was $24.5...
New apartment community trades in Panama City Beach, Florida
Transwestern Real Estate Services (TRS) announces its Southeast Multifamily Investment Services Group has negotiated the sale of Parkside at the Beach, a 288-unit luxury apartment community at 17225 Panama City Beach Parkway in Panama...
Houston seniors housing community sold, $21.3 million financing arranged
JLL Capital Markets announced it closed the sale and arranged a $21.3 million financing for The Shores at Clear Lake, a 100-unit senior living community in Houston, Texas.
JLL worked on behalf of the seller,...
Urban Moment Development Unveils Yardhomes Meadow Lake: a Fresh Take on Multifamily Living
Urban Moment, a real estate development company specializing in horizontal multifamily, announces preleasing on YardHomes Meadow Lake, their innovative approach to multifamily living.
Scheduled to open its doors in February, YardHomes Meadow Lake will feature...
Stonebridge acquires 200-unit Marietta, GA apartment community for $23.5 million
StoneBridge Investments of Washington, DC has acquired Avia East Cobb, a 200-unit apartment community located in the affluent Atlanta suburb of Marietta, GA for $23.5 million. The seller, an entity controlled by Harbor Group...
Inland Fully Subscribes $46M Illinois Senior Housing DST Offering Algonquin Senior Living
Oak Brook, Illinois-based Inland Private Capital Corporation (IPC) has completed a more than $46 million capital raise for the private investment offering of Algonquin Senior Living DST, an IPC-sponsored Delaware statutory trust.
The DST owns...
MassHousing closes on $25.25 million in financing to extend affordability on 82 housing units...
MassHousing has closed on $25.25 million in affordable housing financing to an affiliate of Vitus, for the preservation and rehabilitation of 82 affordable housing units in Roxbury. Vitus will utilize the MassHousing financing to combine a pair of Roxbury affordable housing communities, the Fort Hill Gardens and Esperanza...
Gebroe-Hammer Associates’ Niko Nicolaou arranges $21.45 million Jersey City multifamily portfolio sale
In New Jersey’s second largest municipality of Jersey City, Gebroe-Hammer Associates’ Executive Vice President Niko Nicolaou has arranged the $21.45M sale of a 134-unit multifamily portfolio spanning three of the city’s 13 constituent neighborhoods....
Capital Square acquires multifamily community near Augusta for DST offering
Capital Square, one of the nation’s leading sponsors of tax-advantaged real estate investments and an active developer of multifamily communities, announced the acquisition of Lakeside on Riverwatch Apartments, a 200-unit garden-style multifamily community in...
Class A multihousing development in Colorado Springs secures construction financing
JLL Capital Markets announced that it has secured construction financing for The Hunter, a 214-unit, Class A multihousing project located in Colorado Springs’ New South End neighborhood, one of the area’s fastest growing submarkets.
JLL...