Deal boom

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of The Madison at Town Center, a 130-unit apartment complex in Valencia, California. The asset traded for $62 million, or $476,923...

Westside Capital Group, a real estate investment holding firm based in Miami, announced the acquisition of Campo Felice, a 24-story residential tower with 323 apartment units located in the historic downtown of Fort Myers,...

West Shore LLC, a multifamily real estate investment firm, has purchased 17 South Apartments in Charleston, South Carolina. Ramping up a strategic expansion effort, 17 South Apartments is the firm’s first investment in Charleston...

JLL Capital Markets announced that it has closed the sale of Sedona Ridge, a 250-unit, garden-style multihousing community in Phoenix, Arizona. JLL marketed the property on behalf of the owner, Sares Regis Multifamily Funds. An...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of BLU Bellevue, a 135-unit luxury mixed-use multifamily community in downtown Bellevue, Washington. The property traded for $109 million, or $1,004.70...

JLL Capital Markets announced that it has closed the $30 million sale of TownCenter Park, a 111-unit, 1990-built, garden-style multihousing community in Wilsonville, Oregon. JLL marketed the property on behalf of the seller, Curtis Capital...

Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $4.39 million portfolio sale of two apartment properties located in the Eastside submarket of Long Beach, Calif. Principal Robert Stepp...

JLL Capital Markets announced it has arranged $36 million in financing for the acquisition of three rental residential properties with a total of 71 units at 50-58 East Third St. in Manhattan’s East Village...

Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of Palm Springs, an 86-unit apartment community located in Hialeah, Florida. The final sale price was $13 million. Calum Weaver...

FCP announced the closing of FCP Realty Fund V, L.P. (Fund V), a $1.188 billion fund targeting multifamily and commercial property opportunities throughout the United States. Fund V, when fully invested, is expected to...

Parkview Financial announced it has provided a $42.5 million construction loan to Monroe Germantown Holdings, LLC for the development of Artist Lofts, a mixed-use property located at 1217-31 2nd Ave N in the Germantown...

Intercontinental Real Estate Corporation (Intercontinental) in joint venture with Security Properties have acquired Broadleaf Apartments, a 244-unit Class B+ garden-style apartment community located in the Pocket neighborhood of Sacramento, Calif. The off-market transaction represents a...

Thayer Manca Residential (TMR) has sold their latest multifamily property in Lakewood, Washington, Citizen & Oake, for $60,000,000. The Seattle-based investment firm acquired the 231-unit apartment community in August 2016 for $32,950,000 and completed...

Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of Ocean House, a 186-unit multifamily property in the North Beach area of Miami Beach. The final sale price...

Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of Vue on 67th, a 178-unit apartment community located in Davie, Florida. The final sale price was $34.65 million. Calum...