Saturday, May 18, 2024

Deal boom

Apartment deals, mergers and acquisitions

Boulder Springs

Two Central California multifamily assets sell for $38.5 million

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of two multifamily properties in Fresno, California. The communities are Boulder...
Marquis at Briarcliff

Investor purchases Atlanta-area multihousing community

JLL Capital Markets announced that it has closed the sale of Marquis at Briarcliff, a 104-unit, garden-style multihousing community in the North Druid Hills submarket of Atlanta, Georgia. JLL represented the seller, CWS Capital Partners,...
Bella Pointe Apartments

Trion Properties bolsters Northern California portfolio with acquisition of Bella Pointe apartments in Sacramento

Trion Properties, a private equity real estate firm that specializes in multifamily investments in western markets, with equity partner Walker & Dunlop, has acquired Bella Pointe Apartments, a 136-unit multifamily community in the Sacramento...
Windemere Apartments

Windemere Apartments in Raleigh sold for $26 million

JLL Capital Markets announced that it has closed the $26 million sale of the 168-unit Windemere Apartments in North Raleigh, North Carolina. JLL represented the seller, Northland Investment Corporation, in completing the sale to the...
433 Bellevue Avenue East

Rare Capitol Hill apartments with development potential sells for $4.5 million

A multifamily property located at 433 Bellevue Avenue East in Seattle’s Capitol Hill neighborhood has sold for $4,500,000. Dylan Simon, Jerrid Anderson, Matt Laird, and Winslow Lee of The Simon and Anderson Team partnered...
Crosswinds

Berkadia arranges sale and financing of Florida multifamily portfolio

Berkadia announces it has arranged the sale and financing for a three-property, 252-unit multifamily portfolio in the Florida Panhandle. Vantage Point Acquisitions acquired the three apartment communities including the 176-unit Crosswinds, 40-unit Crosslake Cove...
Bayou Bend

ZMR Capital adds two Dallas multifamily properties to Texas portfolio

ZMR Capital has increased its footprint in Texas by nearly 1,000 units after acquiring two garden-style communities in Dallas expanding the Tampa Bay, Florida-based multifamily investment firm’s portfolio in the Lone Star State to...
Vinings at Hunters Green

Institutional Property Advisors brokers Tampa apartment complex sale

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of The Vinings at Hunter’s Green, a 240-unit multifamily property in Tampa, Florida. “The sale of Vinings at Hunters Green is a...
Farm Hill Manor

Levin Johnston completes $15.8 million sale of 24-unit multifamily community in Redwood City, California

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 Farm Hill Manor, a...
Wynwood Bay

Berkadia arranges sale and financing of boutique residential high-rise in Miami’s Wynwood Neighborhood

Berkadia announces it has arranged the sale and financing of Wynwood Bay, a 156-unit residential high-rise located in the Wynwood submarket of Miami, Fla. Senior Managing Directors Roberto Pesant and Jaret Turkell, along with...
Talise

Institutional Property Advisors brokers multifamily asset sale in Mesa

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Talise, a 388-unit multifamily property in Mesa, Arizona. The asset traded for an undisclosed price. “Mesa’s favorable cost of living and...

Iconic downtown Kansas City landmark for sale at $49 Million

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced it has been awarded the exclusive listing for 909 Walnut, a 34-story Art Deco, Gothic Revival-style building and an adjacent eight-story parking garage...
Ascot Place

Marcus & Millichap completes dual multifamily asset sale in Birmingham

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Onyx at 600 and Ascot Place Apartments, two multifamily properties, totaling...

$64.35 million buys suburban Phoenix luxury multifamily asset

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces the sale of Velaire at Aspera, a 286-unit core multifamily asset in Glendale, Arizona. The property sold for $64.35 million, which equates to...
Kingswood Apartments

Griffith Pepdjonovic Group arranges the $2.3 million sale of Kingswood Apartments in Foxborough

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of the Kingswood Apartments, a 15-unit multifamily offering located in Foxborough, Massachusetts,...
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