Berkadia arranges sale of Bay Harbor Islands mixed-use development site
Berkadia announces it has arranged the sale of a 1.83-acre development site in Miami’s Bay Harbor Islands. Located just west of Bal Harbour Shops, the 1177 Kane Concourse site includes 300 feet of frontage on Kane Concourse and is permitted...
Universe Holdings makes first East Coast acquisition with $60 million purchase in Toms River,...
Universe Holdings has made its first investment on the East Coast with the acquisition of Mariners Cove, a 226-unit townhome community in Toms River, New Jersey for $60 million. The acquisition coincides with the opening...
RPH Multifamily Group arranges the sale of a Class-A mixed-use community in downtown Fort...
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Franklin Arms, a 27-unit mixed-use property located in Fort Myers, Fla,...
American Landmark acquires two Class A communities in the Dallas Metro area
American Landmark Apartments, one of the fastest-growing multifamily owner-operators in the country, announces the acquisition of Domain at Founders Parc and Alta Spring Creek, two brand new apartment communities encompassing a total of 510...
Stepp Commercial completes $2.66 million sale of 6-unit apartment property in Belmont Heights neighborhood...
Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $2.66 million sale of a six-unit apartment property located at 4108 E. Broadway in Long Beach’s Belmont Heights neighborhood. Principal...
JLL closes the largest single-asset apartment transaction in Colorado history at $435 million
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 secures $58.68 million recapitalization for 481-unit community in South Florida
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...
Apartments in sought-after Portland submarket purchased for $28.2 million
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 brokers the sale of two multifamily assets in North Tempe
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...
Trophy Barrington multihousing property purchased for $20.75 million
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...
ZMR Capital acquires first multifamily asset in Fort Myers, Florida for $44.5 million
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 acquires Class A multifamily community in affluent Tennessee submarket
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 arranges $9.375 million sale of 307 unit garden apartment complex in...
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 brokers newly constructed multifamily asset sale in Pacific Northwest
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...
Livingston Street Capital enters Dallas-Fort Worth market with acquisition of 180-unit 55+ active adult...
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...
