Sunday, May 5, 2024

Deal boom

Apartment deals, mergers and acquisitions

Trez Forman Capital Group continues Carolinas push with $42 million construction loan

Trez Forman Capital Group has closed a $42 million construction loan for a large-scale residential development in the Charlotte, N.C. suburb of Huntersville. The borrower plans to develop a Class A, 20-building community with...
Epoque Golden

$31.16 million financing secured for luxury Colorado multihousing community

JLL Capital Markets announced that it has arranged the $31.16 million refinancing for Epoque Golden, a 120-unit, Class A, four-story, luxury multihousing community in Golden, Colorado. JLL worked on behalf of the borrower team, including...
Metro Greenway

Berkadia arranges sale of Class A apartment community in Houston’s urban core

Berkadia Institutional Solutions announces it has arranged the sale of Metro Greenway, a 309-unit, mid-rise multifamily community in Central Houston. Senior Managing Directors Todd Marix and Chris Curry, Managing Directors Jeffrey Skipworth, Chris Young...

Trion Properties sells 97-unit multifamily community in San Diego, California

Trion Properties, a private equity real estate firm that specializes in multifamily investments, has sold Willow Glen Apartments, a 97-unit multifamily community located in the rapidly growing Rolando/College Area submarket of San Diego, California,...

Meridian Capital Group arranges $52 million in financing for a multifamily community in Aberdeen,...

Meridian Capital Group, America’s most active dealmaker, arranged $52 million in financing to refinance a multifamily community in Aberdeen, NJ on behalf of BNE Real Estate Group. The 15-year loan was provided by a life...

Marcus & Millichap arranges the sale of a 50-unit apartment building

Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of Costa De Cocoa, a 50-unit apartment property located in Cocoa,...

$29.35 million luxury multifamily asset trades in Northwestern South Carolina

Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of the Garden District, a 223-unit multifamily asset in Simpsonville, South...
Alister Nanuet

Mill Creek completes seventh acquisition of past year

Mill Creek Residential, a leading multifamily investor, developer, and operator specializing in premier apartment communities across the U.S., announced the acquisition of Alister Nanuet, which marks the company’s seventh acquisition of the previous 12...
Mosser Oakland Portfolio

JLL arranges $58.5 million financing for Bay Area multihousing portfolio

JLL Capital Markets announced that it has arranged $58.5 million in financing to fund the recapitalization of a nine-property multihousing portfolio located in Oakland, California. JLL worked exclusively on behalf of Mosser Capital (Mosser) and...
Dolce Living Home Town

Institutional Property Advisors brokers Dallas-Fort Worth multifamily sale

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Dolce Living Home Town, a 316-unit apartment asset in the suburban Fort Worth city of North Richland Hills, Texas. “Dolce Living...
Bell at Salem Station

CBRE arranges sale of Bell at Salem Station multifamily community to affiliate of Pacific...

CBRE announced that it has arranged the sale of Bell at Salem Station, a 266-unit, 100 percent market multifamily community located at 190 Bridge Street in Salem, Mass. CBRE Capital Markets’ multihousing experts Simon Butler,...
The Willow

Capitalization secured for The Willow, a new multihousing project in Dallas, Texas

JLL Capital Markets announced it closed on the capitalization of The Willow, a 190-unit multihousing development located in the rapidly growing Deep Ellum micromarket of Dallas, Texas, on behalf of the developer, Larkspur Capital...
Copper Heights Assisted Living

ABI Multifamily brokers 78-unit East Mesa assisted living community for $3.8 million

ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $3,800,000 / $48,718 Per Unit / $61.32 Per SF sale of Copper Heights Assisted Living...
Spalding Bridge Clubhouse

The RADCO Companies announces sale of Spalding Bridge apartment community in Atlanta for $38.525...

The RADCO Companies (RADCO), one of the nation’s leading opportunistic real estate developers, announced the sale of Spalding Bridge, a 192-unit multifamily complex located at 47 Spalding Trail NE in Atlanta, Georgia. The property was...
Winslow Crane Apartments

New multihousing community development near Denver capitalized

JLL Capital Markets announced that it has arranged $43 million in structured construction financing for the development of Winslow Crane Apartments, a 203-unit, Class A, garden-style multihousing community in the Denver-area community of Englewood,...
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