Riverside Capital invests in comprehensive redevelopment of Los Angeles affordable housing
Riverside Capital, LLC, a leading provider of investment capital to high quality affordable housing developers, is pleased to announce it has provided $25.4 MM in Jordan Downs 1B, the second phase of the comprehensive...
Sale of multihousing community in the Twin Cities medical alley closes
JLL Capital Markets announced that it has closed the sale of Urbana Court, a 207-unit, multihousing community located in the heart of the Twin Cities medical alley in Brooklyn Park, Minnesota.
JLL worked on behalf...
Cushman & Wakefield Arranges Sale of 360-Unit Legend Park Multifamily Community in Oklahoma
Cushman & Wakefield announced the sale of Legend Park, a 360-unit multifamily community in Lawton, Oklahoma.
Built in 2010 and 2012, Legend Park has an outstanding location near major thoroughfares, top retailers, and outdoor recreation....
CBRE Arranges $17 Million in Multifamily Property Sales for 1031 Exchange Buyer in SoCal
CBRE announced the acquisition of five multifamily properties in Torrance and Long Beach, California, on behalf of an exchange buyer. The five transactions fulfilled the buyer's 1031 exchange requirement following the sale of a...
CBRE arranges sale of Avia 266 apartments for $45.25 million
CBRE announced the sale of the 266-unit multifamily community Avia 266 from Thayer Manca Residential to Geringer Capital for $45.25 million.
CBRE’s Tyler Anderson, Sean Cunningham, Asher Gunter and Matt Pesch of Phoenix Multifamily Institutional...
$20.1 million buys Los Angeles county multifamily investment asset
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Seville Apartments, a 77-unit multifamily investment property in Whittier, California. The...
CBRE sells West Roxbury multifamily complex for $41.8 million
CBRE announced the $41.76 million sale of Oak Row apartments, an 80-unit luxury apartment community in West Roxbury, MA.
CBRE Capital Markets’ multi-housing experts Simon Butler and Biria St. John exclusively represented the seller, a...
Marcus & Millichap arranges the sale of Summerhill at Meadowcrest, a 28-unit apartment building...
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Summerhill at Meadowcrest, a 28-unit apartment property located in Crystal River,...
Central Phoenix apartment complex sale brokered by Institutional Property Advisors
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Cabana on 12th, a 252-unit multifamily asset in Phoenix, Arizona. The property sold for $54.5 million, which represents $216,270 per...
Franklin Street arranges $56 million sale of 517-unit St. Petersburg, Florida multifamily community
Franklin Street has arranged the sale of Osprey Pointe Apartments, a 517-unit, garden-style multifamily community in St. Petersburg, Florida, for $56 million, or $108,317 per unit.
Franklin Street’s Tampa-based Multifamily Investment Sales Team of Darron Kattan, Zach...
Institutional Property Advisors closes Inland Empire multifamily asset sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of ReNew on 14th Apartments, a 100-unit multifamily asset in Riverside, California.
“With 14.7 percent year-over-year rent increases and 1.6 percent vacancy,...
Clark Ventures sells Sandy Springs Community for $132.6 million
Clark Ventures, a privately-held firm specializing in the acquisition, operation and development of upscale apartment communities, has sold Park at Abernathy Square for $132.6 million.
The Cushman & Wakefield team of Mike Kemether, Travis Presnell...
American Landmark acquires Charlotte apartments
American Landmark Apartments, one of the fastest-growing multifamily owner-operators in the country, announces it has acquired the Delaney Apartments in Concord, a suburb to the northeast of Charlotte, N.C. The property has been renamed...
Tower 16 Capital Partners announces the sale of Loramont on Thomas Apartments in Phoenix,...
Tower 16 Capital Partners has sold Loramont on Thomas Apartments, a 180-unit multifamily project in Phoenix, Arizona for $32.1 million. The property was purchased by Tower 16 in December 2019 for $11.7 Million in...
Capital Square acquires multifamily community near Augusta for DST offering
Capital Square, one of the nation’s leading sponsors of tax-advantaged real estate investments and an active developer of multifamily communities, announced the acquisition of Lakeside on Riverwatch Apartments, a 200-unit garden-style multifamily community in...