Cadence at Crown apartments acquired by JRK Property Holdings
JLL Capital Markets announced that it has closed the sale of the 538-unit Cadence at Crown multihousing property located at 113 Ellington Blvd. in Gaithersburg, Maryland.
JLL represented the seller and completed the sale to...
Invictus Real Estate Partners secures $55.83 million for acquisition of The Berkeley at Waypointe...
JLL Capital Markets announced it has arranged $55.83 million in acquisition financing for The Berkeley at Waypointe and Quincy Lofts, a multihousing property located at 500 West Ave and 30 Orchard St. in Norwalk,...
Standard Communities acquires 597-unit mixed-income senior community in Chesapeake, Virginia
Standard Communities, the affordable housing division of Standard Companies, has acquired Chesapeake Crossing, a 597-unit mixed-income senior community in Chesapeake, Virginia. The total capitalization of the transaction is approximately
$68 million. Standard is rebranding the...
Institutional Property Advisors negotiates $88.8 million multifamily sale in West Valley in Greater Phoenix
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Parc Roundtree Ranch, a 275-unit, newly constructed multifamily asset in Peoria, Arizona. The property sold for $88.8 million, or $322,909 per...
Trion Properties enters Southeast market with acquisition of 288-unit multifamily community in Fayetteville, North...
Trion Properties, a private equity real estate firm based in West Hollywood, California and Miami, Florida specializing in multifamily investments, has entered the Southeast market with the acquisition of Crescent Commons, a 288-unit multifamily...
Class A multihousing community in North New Jersey trades
JLL Capital Markets announced that it has closed the sale of The Union at Lyndhurst (The Union), a 328-unit, Class A, mid-rise multihousing community in Lyndhurst, New Jersey.
JLL marketed the property on behalf of...
$136 million trade of Class A multihousing portfolio on Long Island closes
JLL Capital Markets announced that it has closed the $136 million sale of a multihousing portfolio consisting of two Class A communities totaling 316-units in West Hempstead and Hempstead, New York.
JLL marketed the properties on...
New best-in-class Nashville multihousing development sells
JLL Capital Markets announced that it has closed sale of Accent Edgewood, a 236-unit, Class A, mid-rise, lease-to-core multihousing asset in the Wedgewood-Houston neighborhood of Nashville, Tennessee.
JLL represented the seller, Westplan Investors. PassiveInvesting.com acquired the...
Marcus & Millichap brokers $10.5 million sale of historic multifamily property in downtown Chicago
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced it has brokered the $10.5 million sale of 227 East Walton Place, a landmarked...
Cushman & Wakefield arranges $91 million sale of The Reserve at Sugarloaf in Atlanta’s...
Cushman & Wakefield announced that the commercial real estate services firm arranged the $91 million sale of The Reserve at Sugarloaf, a 333-unit multifamily community located in Duluth, Georgia at 2605 Meadow Church Rd.
Cushman...
Colorado Springs to celebrate grand opening of Province Springs, a refined senior community
The Wolff Company—a Scottsdale-based private equity firm and multifamily developer—today announced the grand opening of Province Springs, a new, refined senior community located at 2960 Tutt Blvd in Colorado Springs, across the street from...
Promecap Multifamily Acquires Florida Apartment Community in the Tampa Suburb of Palm Harbor
EPC Promecap Multifamily Partners, a leading private equity firm based in Mexico City, acquired The Boot Ranch Apartments, a 432-unit apartment community located in the Tampa-area suburb of Palm Harbor. Berkadia arranged financing through...
WinnCompanies completes $18.7 million rehabilitation of affordable housing in Lynn, MA
WinnCompanies, an award-winning multifamily development and management company, today announced the completion of a $18.7 million rehabilitation of the Cobbet Hill apartments, significantly renovating 117 units of affordable housing for families and seniors, creating...
Transwestern sells 52-unit multifamily portfolio in Northwest Washington, DC for $8.7 million
Transwestern Commercial Services (TCS) today announces its Mid-Atlantic Multifamily Group brokered the disposition of a 52-unit, three-building apartment portfolio. TCS Executive Vice Presidents Dean Sigmon and Robin Williams and Vice President Justin Shay represented...
Cushman & Wakefield represents Preston-Giuliano Capital Partners in $59 million sale of Mezzo of...
Cushman & Wakefield has negotiated the sale of Mezzo of Tampa Palms, a 340-unit multifamily asset in the exclusive Tampa Palms community of northeast Hillsborough County.
Boston-based global real estate private equity firm Taurus Investment Holdings acquired the property...
