Berkadia secures bridge financing for 222-unit community in Austin, Texas
Berkadia announces it has arranged bridge financing for the acquisition of Lotus Village, a 222-unit apartment community in Austin, Texas. Managing Director Brad Williamson of Berkadia Miami secured the financing on behalf of a...
Institutional Property Advisors closes luxury multifamily asset sale in Dallas
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Olympus at Ross, a luxury 368-unit multifamily complex in Dallas, Texas.
“Olympus at Ross is a stabilized asset located in the...
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...
Cushman & Wakefield arranges multifamily sale on behalf of Bristol Mobile Partners
Cushman & Wakefield announced the commercial real estate services firm has arranged the sale of Meridian at the Port, a 267-unit apartment community located in Downtown Mobile, Alabama.
Jimmy Adams and Craig Hey of Cushman...
Mid-rise apartment buildings sell for $116.2 million in Williamsburg, Brooklyn
JLL Capital Markets announced that it has closed the $116.2 million sale of 247N7, a 169-unit, 151,766-square-foot, two-building multihousing property located at 247 N. 7th St. in the Williamsburg neighborhood of Brooklyn.
JLL marketed the...
Berkadia arranges sale of two multifamily properties in Houston, Texas
Berkadia announces it has arranged the sale of two workforce multifamily properties in a Qualified Opportunity Zone (QOZ) in Houston, Texas. Managing Directors Joey Rippel, Chris Young and Jeffrey Skipworth, Director Kyle Whitney, and...
Levin Johnston completes sale of 24-unit multifamily community in one of San Jose’s most...
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, announces its most recent multifamily transaction: the sale of...
Avison Young arranges $210 million refinancing for Rockrose of 396-unit Long Island City luxury...
Avison Young announced that its Tri-State Debt & Equity Finance Group has arranged a $210 million refinancing of 47-05 Center Boulevard in Long Island City on behalf of the owner, an affiliate of Rockrose....
Institutional Property Advisors brokers 390-unit Fort Worth multifamily asset sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of The Cooper, a 390-unit multifamily asset in Fort Worth, Texas.
“Completed in 2021, The Cooper is a fully stabilized asset located...
The Mogharebi Group brokers a 153-unit multifamily community in Long Beach, California
The Mogharebi Group (TMG) representing a Los Angeles based seller, brokered a $47.05 million sale of Fountain View Apartment Homes, a 153-unit community in the Los Angeles County city of Long Beach, California.
Built in...
JVM Realty Corp. acquires The Bevy Luxury Apartment Community near Milwaukee
JVM Realty Corp., a leading vertically integrated multifamily real estate investment and property management firm, announced it has acquired The Bevy, a 175-unit luxury apartment community in the Milwaukee suburb of Brown Deer.
“We are...
ABI Multifamily brokers 42-unit East Mesa townhome rental community for $20 million
ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $20,000,000 / $476,190 Per Unit / $337.72 per square foot sale of Casa Sole Vita...
MBA opens doors celebrates milestone: More than 2,000 families across America helped
The Mortgage Bankers Association’s Opens Doors Foundation (MBA Opens Doors) today announced that it surpassed a milestone, having provided mortgage or rental payment assistance grants to more than 2,000 families across the country. The...
Stonebridge acquires 200-unit Marietta, GA apartment community for $23.5 million
StoneBridge Investments of Washington, DC has acquired Avia East Cobb, a 200-unit apartment community located in the affluent Atlanta suburb of Marietta, GA for $23.5 million. The seller, an entity controlled by Harbor Group...
Two Los Angeles multifamily properties trade for $6.27 million
Transwestern today announces it has brokered the sale of two multifamily properties in Los Angeles. A nine-unit building at 11642 Kiowa Ave. in the Brentwood submarket traded for $4.25 million, and a seven-unit property...
