Deal boom

TruAmerica Multifamily has grown its Texas portfolio to nearly 1,500 apartments in less than nine months with its first acquisition in San Antonio, the 270-unit The Estates at Canyon Ridge for $46.7 million. The Estates...

Cushman & Wakefield announced the commercial real estate services firm has arranged the $35.7 million sale of Nexus at Sandhill, a 240-unit apartment community located in Columbia, South Carolina. Tai Cohen, John Phoenix and Richard...

Franklin Street has arranged the sale of Campus Palms, a 230-unit, 570-bed student housing community in Tampa for $43.2 million. The property is located two blocks from the University of South Florida, serving a...

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of 99-unit, contiguous three-property portfolio situated in the heart of Ocala, Florida,...

Thayer Manca Residential (TMR) has purchased their newest multifamily property in Tucson, Ariz. TMR purchased Desert Shadows, a 338-unit property for $69,300,000.  Desert Shadows is the third property in TMR’s growing Tucson portfolio. TMR acquired...

TriWest Multifamily announced that it has acquired Monterra Apartments, a 312-unit multifamily community located at 4217 Louisiana Boulevard NE in Albuquerque, New Mexico. The property was purchased in an off-market transaction from Vukota Capital...

CBRE announced that it has arranged the sale of The Cove, a 220-unit luxury, garden-style multifamily community located at 350 Beal Street in Hingham, Massachusetts for $139.25 million. CBRE Capital Markets’ multihousing experts Simon Butler,...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of The Mosaic on Broadway, a 120-unit multifamily complex with 15,593 square feet of retail in San Antonio, Texas. “The Mosaic on...

JLL Capital Markets announced that it has closed the $30.25 million sale of Eagle Pointe, a 216-unit, garden-style multihousing community in the Twin Cities suburb of West Saint Paul. JLL sold the property on behalf...

Levin Johnston of Marcus and Millichap, one of the top multifamily brokerage teams in the U.S. specializing in wealth management through commercial real estate investments, has announced the sale of a two-property multifamily portfolio...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Axis at The Rim, a 308-unit apartment property in The Rim, a master-planned, mixed-use development in the Forest Crest neighborhood...

Parkview Financial announced it has provided a $28.5 million loan to CS-ICM 5, LLC for the conversion of a former 436-key hotel and resort property into a 351-unit apartment complex with retail and restaurant...

Berkadia announces it has arranged the $42 million recapitalization of Alora at West Palm Beach, a 270-unit luxury apartment community in the heart of West Palm Beach, Florida. Senior Managing Director Charles Foschini and...

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...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Accolade, a 548-unit multifamily asset in Phoenix, Arizona. The property sold for $155 million or $282,847 per unit. The transaction...