Gelt, Inc. acquires The Oasis Anaheim, a 312-unit apartment community, for $146.5 million
Gelt, Inc. is pleased to announce it has acquired The Oasis Anaheim, a 312-unit, transit-oriented apartment property located at 3530 E. La Palma Avenue in the northeast area of Anaheim, Calif. The Los Angeles-based...
New multihousing community financed for $35.42 million in Florida’s Treasure Coast
JLL Capital Markets announced that it has arranged a $35.42 million in acquisition financing for The Parc at Gatlin Commons, a brand new, 200-unit, garden-style multihousing community in Port St. Lucie, Florida. JLL worked on...
Institutional Property Advisors brokers and finances $54.1 million Los Angeles County multifamily asset sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of The Retreat, a 148-unit multifamily asset in Santa Clarita, California. The property traded at $54.1 million, which represents $365,540 per...
Institutional Property Advisors negotiates Tempe Arizona multifamily asset sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Riverside, a 164-unit apartment property in Tempe, Arizona. The asset sold for $46 million. “One of the few value-add multifamily assets...
Institutional Property Advisors closes Fairfield County Connecticut multifamily sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Hillcroft Village, a 192-unit apartment complex in Danbury, Connecticut. “Hillcroft Village is a proven value-add opportunity asset with large, well-designed apartment...
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...
Avery Hall’s One Boerum Place recapitalized for $176.45 million
JLL Capital Markets announced that it has arranged senior and mezzanine financing in the amount of $176.45 million for the recapitalization of One Boerum Place, a 138-unit multihousing property with ground-floor retail in Downtown...
PCCP, LLC and Abode Communities, LLC form joint venture to develop build-to-rent communities in...
PCCP, LLC announced that it has formed a joint venture with Abode Communities, LLC for the ground-up construction of three build-to-rent (BTR) communities in the heart of Raleigh, North Carolina. These infill, Class A,...
Baltimore Class A multihousing community trades
JLL Capital Markets announced that it has closed the sale of 225 North Calvert St., a 347-unit, Class A multihousing community with ground-floor retail in the Inner Harbor District of Baltimore, Maryland. JLL marketed the...
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...
Gebroe-Hammer Associates’ Niko Nicolaou arranges $21.45 million Jersey City multifamily portfolio sale
In New Jersey’s second largest municipality of Jersey City, Gebroe-Hammer Associates’ Executive Vice President Niko Nicolaou has arranged the $21.45M sale of a 134-unit multifamily portfolio spanning three of the city’s 13 constituent neighborhoods....
MassHousing commits $3.8 million in financing for new affordable and workforce housing on Martha’s...
MassHousing has committed $3.8 million in affordable and workforce housing financing to the non-profit Island Housing Trust (IHT) for the development of Kuehn’s Way in West Tisbury, a 20-unit rental community for lower- and...
Knighthead Funding provides $59.5 million for mixed-use condominium development in Austin, Texas
Knighthead Funding LLC (Knighthead) has provided a joint venture between Austin-based developer Pearlstone Partners (Pearlstone) and New York City based ATCO with $59.5 million in financing for the construction of a mixed-use condominium development...
DLP Capital acquires 200-unit multifamily in Jonesboro, Arkansas
DLP Capital, a private financial services and real estate investment firm, announces the acquisition of Stadium Place, a 200-unit multifamily property, located in Jonesboro, Arkansas. The addition of the community, which will be renamed...
Marcus & Millichap completes multifamily asset sale in Dallas/Fort Worth Metroplex
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Rio Vista, a 246-unit apartment asset in the northeast suburbs of...