Cushman & Wakefield arranges sale on behalf of Daniel Corporation
Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of Legacy Haywood, a 244-unit apartment community located in Greenville, South Carolina. Tai Cohen, Jordan McCarley and Marc Robinson of...
Institutional Property Advisors brokers sale of Landmark Tower in Hollywood
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Hollywood Tower, an historic, eight-story, 52-unit multifamily asset in Hollywood, California. The property sold for $20.1 million, which equates to...
Berkadia secures $43.2 million in acquisition financing for 252-unit community in Orlando
Berkadia announces it has arranged $43.2 million in financing for the acquisition of Legends at ChampionsGate, a 252-unit multifamily community in Orlando, Florida. Senior Managing Director Mitch Sinberg and Associate Director Matthew Robbins of...
Blackstone acquires AIG affordable housing portfolio
On July 14, Blackstone Real Estate Income Trust (BREIT) announced that they reached a definitive agreement for BREIT to acquire AIG’s interests in a U.S. affordable housing portfolio for approximately $5.1 billion, in an...
Interra Realty brokers $11.45 million sale of 7-building rental community in Chicago’s Albany Park...
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the $11.45 million sale of 3634-48 and 3639-47 W. Montrose Ave., a seven-building, 39-unit rental community in Chicago’s Albany Park neighborhood. The...
FCP acquires Westwood Glen Apartments in Atlanta for $24.5 million
FCP announces the acquisition of Westwood Glen, a 247-unit apartment community in Atlanta, GA for $24.5 million. The acquisition marks FCP’s 21st investment in Atlanta and the 9th in the city’s Westside. “Located in the same...
$50 million financing arranged for luxury multihousing development near Denver
JLL Capital Markets announced that it has arranged a $50 million construction loan for the development of Polaris Wadsworth Station Apartments, a 276-unit, to-be-built, luxury, garden-style multihousing community in the Denver-area community of Broomfield,...
DB Capital increases Utah holdings with acquisition of 88-unit apartment community in South Salt...
Multifamily investment firm DB Capital Management (DB Capital) continues its investment activities in Utah with the acquisition of Spring Hollow, an 88-unit apartment complex in Millcreek, Utah, an affluent suburb of Salt Lake City. The...
American Landmark acquires 368-unit multifamily community in Dallas
American Landmark Apartments, one of the fastest-growing multifamily owner-operators in the country, announces it has acquired Olympus at Ross, a 368-unit multifamily community in Dallas. The property will be renamed Macallan at Ross. The acquisition...
Institutional Property Advisors completes apartment property sale in suburban Salt Lake City
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Broadmoor Village, a 348-unit apartment property in West Jordan, Utah. “Salt Lake City is one of the nation’s fastest-growing metropolitan areas,...
Magma Equities acquires 146-unit multifamily community in West Knoxville, Tennessee for $15.425 million
Multifamily investment firm Magma Equities (Magma) in partnership with Viking Partners has added to its Tennessee portfolio with the acquisition of Greentree Homes Apartments, a 146-unit garden-style community in Knoxville for $15.425 million. The property,...
Luxury multihousing community near Cincinnati sells
JLL Capital Markets announced that it has closed the sale of Vue 180 on the Water a 93-unit, Class A multihousing community in the greater Cincinnati area of Newport, Kentucky. JLL marketed the property on...
Passco Companies acquires luxury multifamily property in northeast Atlanta for $69 million
Transwestern Real Estate Services (TRS) announces its Southeast Investment Sales team has arranged the sale of Noble Vines at Braselton, a 248-unit garden-style apartment community at 1500 Noble Vines Drive in Braselton, Georgia. Transwestern...
ZMR Capital acquires multifamily community in Atlanta for $40.1 million
ZMR Capital (ZMR) has acquired Upland Townhomes (Upland), a 348-unit multifamily community in Atlanta, GA for $40.1 million. Upland is ZMR’s third acquisition in the Atlanta metro over the past three years and brings the...
Cushman & Wakefield arranges sale on behalf of Newport Development Partners
Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of The Ellison, a 250-unit apartment community located in Kennesaw, Georgia. Robert Stickel, Alex Brown and Ashlyn Warren of Cushman...