Deal boom

Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the $1.92 million sale of 6018-6020 N. Avondale Ave., a 12-unit rental community in Chicago’s Norwood Park neighborhood. The price per unit...

Standard Communities, has led a public-private partnership to acquire Osprey Place Apartments in North Charleston, SC. This deal brings Standard’s affordable portfolio in the Charleston area to over 500 units. In February, Standard led a...

PCCP, LLC announced that it has provided a $29 million construction loan to Rockworth Companies for the development of TwentyOnes, a 108-unit urban infill multifamily project with 20,500 square feet (sf) of ground floor...

Camino Verde Group, a Las Vegas-based real estate investment, development and asset management company, has acquired Camino 2630 Apartments in Midtown Las Vegas. The community, located at 2630 Sherwood Street, is the fifth vintage...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Summit at Landry Way, a 224-unit multifamily asset in Fort Worth, Texas. “The property gives the buyer, Jay Duarah of Aspen...

California-based Bolour Associates Inc. (BOLOUR), a privately-owned real estate investment, development and finance company, has acquired the Northeast Pines apartment community in Humble, Texas for $9.62 million. The company will invest more than $1...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of District Flats Off Dobson, a 112-unit apartment property in Mesa, Arizona. The $18.2 million sales price equates to $162,500 per...

Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of River Pointe Apartment Homes, a 212-unit apartment community located in Tampa, Florida. The final sale price was $27.5...

Mesa West Capital continues its wave of multifamily origination activity funding $187.5 million in first mortgage debt secured by communities in Chicago, Illinois; Phoenix, Ariz. and Portland, Oregon. In the largest of the three separate...

Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of The Station at Town Madison, a 274-unit apartment community located in Huntsville, Alabama. Jimmy Adams and Craig Hey of...

FCP announces the sale of Tree Top Apartments in Raleigh, NC for $31.5 million. The 206-unit apartment community was acquired by FCP in October 2013 for $10.5 million. The community was 97.1 percent occupied at...

Trion Properties, a private equity real estate firm based in West Hollywood, California and Miami, Florida specializing in value-add multifamily investments, has announced the acquisition of The Russell Apartments, a 68-unit multifamily community in...

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...

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...

Multifamily investment firm DB Capital Management (DB Cap) continues to build its Denver portfolio with the $31 million acquisition of Apex on the Highline (Apex), a 138-unit multifamily property in Aurora, Colo. The acquisition of Apex furthers DB...