Berkadia arranges sale and financing of boutique residential high-rise in Miami’s Wynwood Neighborhood
Berkadia announces it has arranged the sale and financing of Wynwood Bay, a 156-unit residential high-rise located in the Wynwood submarket of Miami, Fla. Senior Managing Directors Roberto Pesant and Jaret Turkell, along with...
Standard Communities Leads Public-Private Partnership Acquiring and Preserving Affordability of a 214-Unit Senior Living...
Standard Communities, a major national affordable housing developer and investor, has led a public-private partnership acquiring Huntington Towers, a 100% senior affordable 214-unit community in Mount Prospect, Illinois.
The total capitalization of the transaction is...
Newly constructed multihousing community in suburban Kansas City secures $59.75 million in refinancing
JLL Capital Markets announced that it has closed the $59.75 million construction takeout refinancing for The Residences at Galleria, a newly constructed, Class-A, 322-unit, luxury apartment community in the Kansas City suburb of Overland...
Institutional Property Advisors closes $91 million North Phoenix multifamily asset sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Azura Apartments, a 387-unit apartment asset in Phoenix, Arizona. The property sold for $91 million, which equates to $235,142 per...
Fore Property strengthens its Southern California presence with opening of two new multifamily communities
Fore Property (Fore), one of the country’s top 20 largest multifamily developers, today announced the formal opening of two new multifamily communities: Arte in Rancho Cucamonga and Las Positas in Camarillo. Developed and constructed...
HFF represents the DSF Group in the $259.4M sale of class A high-rise apartments...
Holliday Fenoglio Fowler, L.P. (HFF) announced today that it has represented The DSF Group in the $259.4 million sale of Halstead New Rochelle Metro North, a 40-story, 588-unit, Class A apartment tower in New...
Haven Realty Capital surpasses $1.1 billion in build-to-rent portfolio value
Haven Realty Capital, one of the most active investor/operators of build-to-rent (BTR) communities in the United States, has surpassed $1.1 billion in controlled BTR assets, achieving the milestone in less than 15 months.
Leveraging more...
Colliers Arranged the Sale of 120-unit La Fayette Park Apartment Community in Los Angeles
Colliers arranged the $43,440,000 sale of a three-story, 120-unit apartment community in the historic Los Angeles neighborhood of La Fayette Park. Located on a wide, tree-lined street at 349 S. La Fayette Park Place,...
Capital Square acquires build-for-rent townhome community near Raleigh 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 Ashford Townes, a 74-unit newly constructed build-for-rent townhome community in...
Florida multihousing development site sells for $9 million
JLL Capital Markets announced that it has closed the $9 million sale of an off-market, shovel-ready, 180-unit apartment development site in Sarasota, Florida.
JLL represented the seller, a joint venture between Defined Companies, co-founded and...
JLL arranges $6 million loan for 80 Terrace Street in Boston
JLL Capital Markets announced today that it has arranged a $6 million construction loan for the development of 80 Terrace Street, a nine-unit, boutique, for-sale condominium building in the Mission Hill neighborhood of Boston.
JLL...
Grubb Ventures, Stiles sell luxury multifamily development The Carolinian in Raleigh, North Carolina
A joint venture of Stiles Residential Group (SRG), a division of Fort Lauderdale-based Stiles, and Raleigh-based Grubb Ventures has sold The Carolinian, a new 186-unit luxury apartment mid-rise in one of Raleigh’s most exclusive...
Institutional Property Advisors brokers multifamily sale in Utah
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Liberty Crossing, a 95-unit multifamily asset in Salt Lake City, Utah.
“The underlying dynamics of the Salt Lake City investment market...
Greystar Announces Helix Apartments Near Boston is Now Pre-Leasing for December Move-Ins
Helix, a new apartment community in Weymouth, Massachusetts, is pleased to announce that it is now accepting pre-leases with move-ins scheduled to begin in December.
"Helix will be more than just a place to live,...
PEF Advisors acquires affordable apartment community for Seniors in Chicago
Preservation Equity Fund Advisors, LLC (PEF Advisors), a real estate private equity group focused on preserving existing affordable housing in high-cost markets, announced its recent acquisition of Belmont Place Senior Apartments, a 110-unit affordable...