Saturday, May 18, 2024

Deal boom

Apartment deals, mergers and acquisitions

Covenant Gardens

Covenant Gardens Senior Apartments Affordable Housing Project Coming Soon to Southeastern Memphis

Christian Church Homes (CCH), in collaboration with New Covenant in Christ Ministries, Inc. (NCIC), is proud to announce the launch of the Covenant Gardens Senior Apartments project. This groundbreaking venture marks a significant stride...
864 East 149th Street

GFI Realty Services arranges the $6.4-million sale of 46-unit Bronx multifamily building

GFI Realty Services announced the $6.4-million sale of 864 East 149th Street, a walk-up building comprised of 46 units located in the Mott Haven section of the Bronx. GFI Director Zachary Fuchs represented the seller, NY Metro...
Metro Tucson

Institutional Property Advisors facilitates Tucson multifamily asset sale

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Metro Tucson, a 232-unit multifamily property in Tucson, Arizona. The asset sold for $38.5 million, which represents $165,948 per unit. “Metro...
Fairview Apartments

Marcus & Millichap closes $27.6 million multifamily asset sale in Suburban Denver

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Fairview Apartments, a 100-unit multifamily asset in Aurora, Colorado. The property...
Terri Ann Apartments

Colliers completes sale of Terri Ann Apartments for $6.3 million

Colliers is pleased to announce the sale of Terri Ann Apartments, a 25-unit multifamily building located at 1331 Terry Avenue in Seattle’s First Hill neighborhood. Tim McKay, Dan Chhan, Sam Wayne and Matt Kemper...
Shadow Creek Apartments

Levin Johnston directs acquisitions of two Bay Area properties totaling $30.8 million 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 successful completion of two multifamily acquisitions...
Moncler Willow Lake

North Tampa apartment complex sale closed by Institutional Property Advisors

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Moncler Willow Lake, a 144-unit apartment property in the Wesley Chapel/Lutz area of the Tampa-St. Petersburg MSA, Florida. “Moncler Willow Lake...
Chapel Ridge of Tinker

Oklahoma City multihousing portfolio totaling 512 units sold

JLL Capital Markets announced it closed the sale of a three-property portfolio totaling 512 units located throughout the Oklahoma City area in Oklahoma. JLL represented the seller, Security Properties, to complete the sale to the...
Riverhaus Creekside

Institutional Property Advisors negotiates Texas Hill Country multifamily asset sale

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Riverhaus Creekside, a 281-unit multifamily asset located within the Town Center at Creekside, a 400-plus-acre mixed-use development in New Braunfels,...
The Grande Norwood

$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,...
The Harlow

Institutional Property Advisors Arranges $63M in Financing for a Historic Conversion in Downtown Oklahoma...

IPA Capital Markets, a division of Marcus & Millichap specializing in capital markets services for major private and institutional clients, has arranged $63 million in financing for the redevelopment of two historic Oklahoma City...
Desert Willow

West Central Phoenix 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 $20.7 million sale of Desert Willow, a 280-unit multifamily property in Phoenix, Arizona. Pete...
Terrace Court

Cushman & Wakefield arranges $5.25 million sale on behalf of TCA LLC

Cushman & Wakefield announced that the commercial real estate services firm has arranged the $5.25 million sale of Terrace Court, a 40-unit apartment community located in Birmingham, Alabama. Craig Hey and Jimmy Adams of Cushman...

$21 million Seattle-area multifamily asset sold by IPA

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Green River Village, a 146-unit apartment complex in Auburn, Washington. The property sold for $21 million, or $143,835 per unit....
Bloom 24

Renovated Phoenix multifamily asset sold by Institutional Property Advisors

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced today the sale of Bloom 24, a 114-unit multifamily complex in Phoenix. Highline Property Group (Highline), based in Denver, Colorado, purchased the property...
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