Sunday, May 19, 2024

Deal boom

Apartment deals, mergers and acquisitions

FCP The Wel representative structured deal

FCP provides $43.8 million in preferred equity for multifamily in New York, Georgia and...

FCP announces $43.8 million in preferred equity has been invested through its Structured Investments platform in three multifamily properties in New York, Georgia, and Florida. The investments include apartment communities The Wel, an existing property...
Park Terrace Senior Living

Link Senior Development, Roxborough Group acquire 301-unit Phoenix retirement community

Link Senior Development and The Roxborough Group, LLC announce the acquisition of Park Terrace Senior Living, an amenity rich, 301-unit independent living and assisted living community in Phoenix, Arizona. "Park Terrace is an exciting venture...

Highly-anticipated mixed-use project in the Inland Empire is officially complete

The Metro, a highly-anticipated mixed-use development in the center of the Main Street Corridor right off Highway 91 in Corona, California, has begun its final phase of leasing apartments. As a joint development between...
Thrive at Peace Way

Haven Realty Capital and Apollo Global Management close on Las Vegas BTR Community

Haven Realty Capital (Haven), in partnership with funds managed by an affiliate of Apollo Global Management, Inc., has closed the first phase of a $22.8 million acquisition of a build-to-rent (BTR) townhome community now...
Timberwalk

Berkadia arranges sale and financing of garden-style apartment community in Houston, Texas

Berkadia announces it has arranged the sale and financing of Timberwalk, an attractive, well-maintained 300-unit apartment community located in Houston, Texas. Managing Directors Chris Young and Joey Rippel, Director Kyle Whitney, Managing Director Jeffrey...

Prism putting finishing touches on Edison Lofts building at Edison Village in Downtown West...

This spring, Prism Capital Partners’ is putting the finishing touches on the Edison Lofts building at Edison Village, its industrial-to-residential redevelopment of the historic Thomas Edison Invention Factory and Commerce Center in West Orange,...

R.D. Olson Construction commences $30 million renovation for Atria Senior Living

R.D. Olson Construction, an award-winning general contracting firm in California, began construction on Newport Terrace Senior Living for Atria Senior Living in Newport Beach. The 120,000-square-foot assisted living community will be comprised of two...
Alta Grande

Cushman & Wakefield represents Wood Partners in sale of Alta Grande in Orlando

Cushman & Wakefield has negotiated the sale of Alta Grande, a new 314-unit luxury multifamily community in Orange County. Jay Ballard, Ken Delvillar, Michael Mulkern and Robert Given of Cushman & Wakefield’s Florida Multifamily Team represented Atlanta-based Wood Partners in the sale. Dallas-based Lantower Residential acquired...

Franklin Street closes $41.875 million multifamily sale in Lenox Park submarket of Atlanta

Franklin Street has arranged the $41.875 million sale of the 335-unit Lenox apartment portfolio, located along Lenox Road NE and Woodland Avenue near the Morningside-Lenox Park neighborhood of Atlanta, Ga. Jake Reid, Chad DeFoor, and...

TruAmerica Multifamily enters North Carolina property markets with 830-unit portfolio in Raleigh for $108.7...

TruAmerica Multifamily continues to expand its holdings in the southeast by making its initial investment in North Carolina, a three-asset, 830-unit multifamily portfolio in Raleigh NC, for $108.7 million. In only two years since entering...
3Eleven

JLL Arranged the Sale and $47.75M in Financing for the 245-home 3Eleven in Chicago...

JLL announced that it has closed the $76 million sale of and arranged the $47.75 million acquisition financing for 3Eleven, a 245-unit high-rise apartment community located in the renowned River North neighborhood in Chicago,...

The Altman Companies acquires land, closes loan and holds groundbreaking ceremony for its two...

The Altman Companies, a nationally recognized developer of exceptional rental apartment communities, announced today that it has closed on the land and its construction loan and held a Groundbreaking Ceremony for its two newest...

Kiser Group brokers three West Ridge apartment buildings for $6.5 million

Kiser Group, Chicago’s leading multifamily brokerage firm, recently brokered three West Ridge apartment buildings in separate transactions. 6300 N. Leavitt sold for $3,000,000, 6515 N. Seeley sold for $2,650,000, and 2737 W. Glenlake sold...
Integra Sunrise Parc Apartments

Cushman & Wakefield negotiates $67 million sale of Integra Sunrise Parc Apartments

Cushman & Wakefield has negotiated the sale of Integra Sunrise Parc Apartments, a new 300-unit luxury multifamily community in Osceola County. Jay Ballard, Ken Delvillar, Michael Mulkern and Robert Given of Cushman & Wakefield’s Florida Multifamily Team represented a development partnership of Panther...
Zelda Pointe

Florida value partners sells Montgomery, Alabama, apartment community for $9.4 million

Transwestern Real Estate Services (TRS) announces its Southeast Investment Services team has negotiated the sale of Zelda Pointe, a 160-unit multifamily property at 2845 Zelda Road in Montgomery, Alabama. Transwestern Senior Managing Directors Mike...
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