Friday, April 26, 2024

Deal boom

Apartment deals, mergers and acquisitions

Hamilton House

Gebroe-Hammer Associates records $25.35 million sale of 99 multifamily units at Hamilton House in...

Gebroe-Hammer Associates has finalized yet another pandemic-era multifamily transaction with the $25.35M sale of Hamilton House in Weehawken, a 99-unit prominent fixture within the township’s highly desirable Town Center/Downtown District. The brokerage team of...
Mountain View Terrace

Affordability extended for lower-income  senior citizens and families at Stoneham Housing Community as a...

MassHousing  has provided $32.7  million in  affordable housing financing to  an affiliate of Atlantic Tambone Management, LLC to  preserve and  extend the affordability  for lower-income  senior citizens and families  for at least  31 years at the  194-unit  Mountain...
San Marco Village

The Babb Group of Marcus & Millichap arranges the sale of 12-unit boutique apartment...

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of San Marco Village, a 12-unit apartment property located in Venice, FL,...
Ashford on the Lake

The RADCO Companies announces $47 million sale of Ashford on the Lake in Florida

The RADCO Companies (RADCO), one of the nation’s leading opportunistic real estate developers, announced the sale of Ashford on the Lake, a 292-unit apartment community located at 3975 Country Place Lane in Palm Harbor,...
Adams and Grand

Cityview and Townsend Group partner on $125 million Opportunity Zone project in Los Angeles

Cityview, a premier multifamily investment management and development firm, and an opportunity zone program managed by The Townsend Group, a leading provider of investment management and advisory services exclusively focused on real estate and...
McClellan Court Apartments

$18.5 million suburban Sacramento multifamily asset sale brokered by Marcus & Millichap

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of McClellan Court Apartments, a 143-unit multifamily property in North Highlands, California....
Queen City Townes

Haven Realty Capital adds 260 homes to BTR portfolio with acquisitions in Atlanta and...

Haven Realty Capital has added three new dedicated rental communities to its institutional single-family rental (SFR) and build-to-rent (BTR) portfolio with the acquisition of housing developments currently under construction in Atlanta and Charlotte. The...
Wilder

Cushman & Wakefield arranges multifamily sale on behalf of Hudgins Companies and Maverick Development...

Cushman & Wakefield announced the commercial real estate services firm has arranged the sale of Wilder, a 381-unit apartment community located in Austin, Texas. John Carr and Ben Fuller of Cushman & Wakefield represented the...
Sunstone Village

Livingston Street Capital expands Texas footprint with acquisition of active adult portfolio totaling more...

An affiliate of Livingston Street Capital, a boutique private equity firm focused on commercial real estate investments throughout the U.S., has acquired a portfolio comprising two Active Adult (55+) multifamily communities totaling 402 units...
Red44

$34 million multihousing community in Rochester Minnesota sets record

JLL Capital Markets announced that it has closed the $34 million sale of Red44, a 159-unit multihousing community in Rochester, Minnesota.  JLL marketed the property on behalf of the seller, Roers Investments, Reuter Walton Development...
Sunset Walk Apartments

Concord Summit Capital closes over $60 million in financing for Encore Capital Management’s Sunset...

Concord Summit Capital, LLC (Concord Summit) successfully arranged more than $60 million in construction financing for Sunset Walk Apartments in Kissimmee, Florida. Longtime Concord Summit client, Encore Capital Management (Encore), is developing the 352-unit...
Walden Oaks

Fogelman completes acquisition of 240-unit multifamily community in Anderson, South Carolina

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 Walden Oaks, a 240-unit apartment community in Anderson, South Carolina. Built...

Tower 16 Capital Partners acquires four property portfolio, its first multifamily project in Albuquerque

San Diego-based Tower 16 Capital Partners has acquired a four-property portfolio, totaling 572 units in Albuquerque, N.M. The property was acquired from Greenwater Investments for an undisclosed price. “We’re very excited about the acquisition of...
Arya Peachtree

Cushman & Wakefield arranges $90 million refinancing loan for Arya Peachtree

Cushman & Wakefield announced that the commercial real estate services firm has arranged $90 million in refinancing on behalf of Perennial Properties, Inc. for Arya Peachtree, a 282-unit multifamily property located at 1777 Peachtree St....
Lenox Clear Lake

Berkadia arranges sale of new Class A garden-style multifamily community in Houston, Texas

Berkadia announces it has arranged the sale of Lenox Clear Lake, a ­380-unit, Class A garden-style multifamily community in Houston, Texas. Senior Managing Directors Todd Marix and Chris Curry, Managing Directors Jeffrey Skipworth, Chris...
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