Deal boom

JLL’s Capital Markets team announced it closed the $435 million sale and $282.75 million financing for the Palomino Park Apartments, a 1,184-unit, upscale apartment community in the Highlands Ranch submarket of southeast Denver. JLL represented...

Berkadia announces it has arranged $58.68 million in refinancing for Advenir at San Tropez, a 480-unit community in Pembroke Pines, Florida. Senior Managing Director Charles Foschini and Managing Director Christopher Apone of Berkadia Miami...

JLL Capital Markets announced it closed the $28.2 million sale of the Preserve at Sunnyside, a 108-unit value-add multihousing community located in the sought-after Clacakamas submarket of Portland, Oregon. JLL marketed the property exclusively on...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of 134-unit Sakara Tempe and 36-unit Sakara Villas at Tempe in Tempe, Arizona. Together, the properties sold for $30.5 million, which...

JLL Capital Markets announced it closed the $20.75 million sale of 101 West, a trophy apartment community located in the sought-after suburb of Barrington, Illinois, which is about 40 miles from Chicago. JLL worked on...

Real estate investment firm ZMR Capital (ZMR) has acquired Park Place Apartments, a 338-unit multifamily community in Fort Myers, Fla. in an off-market transaction for $44.5 million. Park Place is ZMR’s seventh investment in Florida...

Capital Square 1031, a leading sponsor of Delaware statutory trust (DST) offerings for 1031 exchange and other accredited investors, announced today the acquisition of Integra Vistas, a Class A, 280-unit multifamily community in the...

GFI Realty Services, LLC announced the $9.375-million sale of Timberline Apartments aka 5900 Kinkead Avenue, a 307-unit garden apartment complex, located in Fort Smith, Arkansas. GFI Realty Associate Director Ohad Babo and Associate Eli...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Autumn Grove, a 148-unit multifamily asset in Vancouver, Washington. “This investment by The Calida Group marks the Las Vegas-based company’s first...

An affiliate of Livingston Street Capital, a boutique private equity firm focused on commercial real estate investments throughout the U.S., has acquired a 180-unit 55+ active adult apartment community in the Dallas-Fort Worth submarket...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Alexan Henderson, a 321-unit apartment property in the Knox-Henderson neighborhood of Dallas, Texas. “Alexan Henderson’s luxury apartments and townhomes mirror the...

Mesa West Capital has originated $40 million in first mortgage debt to finance the off-market acquisition of a 309-unit apartment complex in Austin, Texas. The buyer is Texas-based SPI Advisory. The five-year, floating rate loan...

ECI Group announces the acquisition of Mosaic at Oak Creek Apartments, a 273-unit community with 7,354 square feet of retail in Bonita Springs, Fla. The development was completed in 2020 by Mosaic Development. Financing...

Decron Properties has made its second acquisition in the Phoenix MSA in the past six weeks with the purchase of 1221 Broadway, a 194-unit Class-A multifamily community in Tempe, Ariz. for $64.750 million. Decron made...

JLL Capital Markets announced it secured a $61 million construction loan and preferred equity for the Infield Apartments, a multihousing development located in Kissimmee, Florida, just south of Orlando. JLL worked on behalf of the...