Friday, April 26, 2024

Deal boom

Apartment deals, mergers and acquisitions

The Donaldson Group, Declaration Capital, DRA Advisors’ fund acquire 592-unit Silver Spring, MD apartment...

The Donaldson Group (TDG) of Rockville, MD, Declaration Capital of New York City, and a fund managed by DRA Advisors have acquired Montgomery White Oak Apartments, a 592-unit garden-style apartment community located in Silver...
1206 Gladys Avenue

Stepp Commercial Group completes $2.65 million sale of an 8-unit apartment property in Long...

Stepp Commercial Group, a leading multifamily brokerage firm in the Los Angeles market, has completed the $2.65 million sale of an eight-unit multifamily property located at 1206 Gladys Avenue in Long Beach, Calif. Robert Stepp,...
Rolling Hills Gardens Apartments

Stepp Commercial completes $6.75 million sale of Rolling Hills Gardens Apartments, in Lomita, California

Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $6.75 million sale of Rolling Hills Gardens Apartments, a 24-unit apartment building located at 25925 Viana Avenue, adjacent to...
Patterson Court

Trion Properties grows portfolio by 5,805 units in 2022 with a total transaction value...

Trion Properties, a private equity real estate firm based in West Hollywood, California and Miami, Florida specializing in multifamily investments, announces that despite global economic challenges, 2022 was a year of outstanding growth for...

Pathway to Living celebrates groundbreaking of 116-unit senior housing community in La Grange, Ill.

Pathway to Living, a Chicago-based developer, owner and operator of senior living communities, today announced the start of construction on Aspired Living of La Grange, a 116-unit assisted living and memory care community in...
Polk Villas

Marcus & Millichap Closes Two Texas Metroplex Multifamily Sales for $40M

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Luna Vista, a 236-unit multifamily asset in Fort Worth and Polk...

$91.5 million Northern California apartment asset sold by IPA

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced today the sale of Sora Apartments, a 250-unit multifamily asset in Union City, California. The property sold for $91.5 million. “Sora’s location near the...

Levin Johnston directs two property trades totaling $28.6 million in California Bay Area

Levin Johnston of Marcus and Millichap, one of the top multifamily brokerage teams in the U.S. specializing in wealth management through commercial real estate investments, has successfully directed the acquisition of a newly renovated...
Oaks at St. John

Dominium to Resyndicate Oaks at St. John with $5.5 Million Renovation

Dominium, a leading affordable housing owner, developer and manager announced the re-syndication of Oaks at St. John, a 160-unit family property in Ponte Vedra Beach, Florida. Dominium will renew the property’s affordable housing status while...
903 Adams Street

Levin Johnston facilitates six multifamily transactions totaling nearly $19 million in California Bay Area...

Levin Johnston of Marcus and Millichap, one of the top multifamily brokerage teams in the U.S. specializing in wealth management through commercial real estate investments, has successfully closed six multifamily transactions in the Bay...

Details announced for Cardinal Crossing, Forest Acres’ first-ever mixed-use community

The Beach Company announced details for Cardinal Crossing, the first-ever mixed-use community in the highly sought-after Forest Acres neighborhood in Columbia, S.C. Plans for the development include diverse retail and dining options in addition...

Bellwether Enterprise closes $37.5 million loan for luxury apartments in Richmond, VA

Bellwether Enterprise Real Estate Capital LLC (Bellwether Enterprise), the commercial and multifamily mortgage banking subsidiary of Enterprise Community Investment Inc. (Enterprise), announced today the closing of a $37.5 million acquisition loan for James River at Stony Point,...
Broadstone Ayrsley

Alliance Residential Company acquires 15 acres for Broadstone Ayrsley

Alliance Residential, one of the largest multifamily developers in the nation, has closed on the acquisition of nearly 15 acres located at 2215 Silver Crescent Dr. in Charlotte, North Carolina for the development of...

Stepp Commercial completes $2.9 million sale of 652 North Hayworth Avenue, an apartment property...

Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $2.9 million sale of 652 North Hayworth, a two-story, nine-unit apartment property in Los Angeles near the cross streets...
Village at Golden Triangle

Tower Capital Arranges $72.9 Million in Construction Financing for Build-to-Rent Community in Fort Worth

Tower Capital, a leading capital advisor for Build-to-Rent (BTR) construction financing, has arranged $72.9 million in financing for the Village at Golden Triangle, a 317-unit BTR community in Fort Worth, TX. The Village at Golden...
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