Monday, June 9, 2025

Deal boom

Apartment deals, mergers and acquisitions

Garden Towers

Lendlease’s New York Construction Group Completes Affordable Senior Housing Development Garden Towers in the...

Lendlease, a leading global real estate and investment management group, announced the completion of Garden Towers, an affordable senior housing community in the Bronx Morrisania neighborhood. Developed by Foxy Management, in partnership with HANAC,...
Nola Sol

Origin Credit Advisors Completes a $51.5M Construction Loan for Las Vegas Multifamily Project Nola...

Origin Strategic Credit Fund, a multifamily real estate credit fund, has agreed to provide a total of $61.3 million of construction debt and preferred equity financing for the development of Nola Sol, a multifamily...
Haven at Deer Creek

MBK Rental Living Announces Pre-Leasing at Solar-Powered Sonoma County Apartment Community The Haven at...

MBK Rental Living, a leading innovator in private real estate development in California, announced the commencement of pre-leasing at The Haven at Deer Creek. “We are thrilled to introduce The Haven at Deer Creek to...
406 East South Street

CBRE Arranges Sale of Multifamily Property on South Street in Anaheim

CBRE announced the sale of a seven-unit multifamily property located at 406 East South Street in Anaheim, California to a private investor for $2,525,000. The selling price represents $360,714 per unit and $388 per...
2600 Biscayne

Oak Row Lands $181M Construction Loan for 2600 Biscayne Miami Office and Multifamily Tower

New York and Miami-based Oak Row Equities, led by Erik Rutter and David Weitz, has closed on a $181M construction loan from Bank OZK for 2600 Biscayne Boulevard, a 41-story Class AAA office and multifamily...
Thrive on King

CIBC Announces Newest Affordable Housing Project Thrive on King in Downtown Milwaukee Wisconsin

CIBC announced its involvement in the Thrive on King project, a historic adaptive reuse initiative that will transform a former department store building into 90 units of affordable housing in downtown Milwaukee. "We are excited...
The Hadley North Scottsdale

Institutional Property Advisors Closes The Hadley North Scottsdale Multifamily Asset Sale

Institutional Property Advisors, a division of Marcus & Millichap, announced the sale of The Hadley North Scottsdale, a 240-unit, mid-rise multifamily asset in Scottsdale, Arizona. IPA executive managing directors Steve Gebing and Cliff David represented the...
The Elle apartments

The Elle Apartments Office-to-Residential Conversion in DC’s Golden Triangle Nears Completion

The first major office-to-residential conversion in Washington, DC's Golden Triangle Business Improvement District is finishing its final stretch of construction before delivering The Elle apartments this summer. "We have seen in other parts of our...
3rd Street Assemblage

Southern Land Company Announces 3rd Street Assemblage Rental Community Breaks Ground in Downtown Las...

Southern Land Co. has been busy in Las Vegas. Its latest offering, 3rd Street Assemblage, will bring its Las Vegas portfolio to 1,200 units. Located in the burgeoning 18b Arts District in Las Vegas, this...
Pacific Flats

Commonwealth Development Corporation and WNC & Associates to Build Affordable Housing Community Pacific Flats...

Commonwealth Development Corporation and WNC & Associates have teamed up to build Pacific Flats, an all-new affordable housing community in Phoenix, Oregon. The property will include five three-story residential buildings comprised of 72 family...
Westmont Commons

TruAmerica Multifamily Acquires Westmont Commons in Asheville North Carolina for Nearly $50M

TruAmerica Multifamily, a national, institutionally-focused multifamily investment firm, acquired Westmont Commons, a 252-unit multifamily community in Asheville, North Carolina. The asset was purchased off-market for $49,875,000 in partnership with Spoke Real Estate Capital. The...
Lower Broadway

Kushner Breaks Ground on $130M Mixed-Use Project on Lower Broadway in Long Branch New...

Kushner officially broke ground on a transformative $130 million mixed-use residential and retail development located on Lower Broadway in Long Branch, New Jersey. The project is poised to infuse new vitality into the city's...
Hancock Bridge Square

Mast Capital Secures $65M Construction Loan for Multifamily Development Hancock Bridge Square in Fort...

Mast Capital, one of the state’s most active real estate development and investment firms, in partnership with Chicago-based private equity group BLG Capital Advisors, announces it has secured financing and broken ground on an upscale residential rental...
Flagler Village

Berkadia Structures $14.55M BTR Sale of Flagler Village in Fort Lauderdale

Berkadia announced that it structured the sale of ID Flagler Village, a 24-unit, townhouse build-to-rent (BTR) property in Fort Lauderdale, Florida. Located at 113 NE 6th Street, the community is conveniently located in Flagler Village,...
Cirrus at Aqua

West Shore Continues Growth with Acquisition of Cirrus at Aqua in Bradenton Florida

West Shore, a fully integrated real estate investment firm with a specific focus on the acquisition and management of multifamily assets throughout the southeastern and southwestern United States, announced its acquisition of Cirrus at...
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