TruAmerica Multifamily acquires apartment communities in Phoenix and Nashville for $196 million
TruAmerica Multifamily has added nearly 1,000 apartment homes to its national multifamily portfolio after closing on two garden-style communities in Nashville, Tennessee and Phoenix, Arizona, in separate transactions totaling $196 million. TruAmerica continues its focused...
Gelfund Real Estate Opportunities buys Baltimore apartment property for $30 million
Transwestern Real Estate Services (TRS) announces its Mid-Atlantic Multifamily Group has brokered the sale of Milford Station Apartments, a 200-unit, value-add investment property at 19 Warren Park Drive in Pikesville, Maryland. Real estate investment...
Cushman & Wakefield arranges sale on behalf of South City Partners, ELV Associates Inc....
Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of Caroline, a 237-unit apartment community located in Charleston, South Carolina. Robert Stickel, Marc Robinson, Tai Cohen, and Alex Brown...
Berkadia arranges fractured condo sale and financing in Pompano Beach, Florida
Berkadia announces it has arranged the sale and financing of 153 condominium units at Breezes at Palm-Aire, a 288-unit, garden-style residential community located in Pompano Beach, Fla. The buyer was Axonic Properties, LLC managed...
Cushman & Wakefield arranges sale on behalf of Canyon View Capital
Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of Country Meadows and Cottages of Fort Smith, two apartment communities located in Arkansas. Martin Bynum and Craig Hey of...
Houston seniors housing community sold, $21.3 million financing arranged
JLL Capital Markets announced it closed the sale and arranged a $21.3 million financing for The Shores at Clear Lake, a 100-unit senior living community in Houston, Texas. JLL worked on behalf of the seller,...
Niche multifamily asset sale brokered by Institutional Property Advisors in Stamford Connecticut
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of 100 Prospect Apartments, a 94-unit multifamily asset in Stamford, Connecticut. “100 Prospect is an exceptionally well-located niche apartment property just steps...
Berkadia arranges $33.9 million bridge loan for Class A apartments in San Antonio
Berkadia announces it has arranged $33.9 million in bridge financing for the recapitalization of Timberhill Commons, a 340-unit multifamily community in San Antonio. Senior Managing Director Charles Foschini of Berkadia Miami secured the loan...
Preferred equity arranged for two multihousing properties in San Antonio
JLL Capital Markets announced it has arranged a $11.5 million preferred equity for the Park West Apartments and Parliament Bend Apartments, two contiguous multihousing complexes in the Churchill submarket of San Antonio, Texas. JLL worked...
Westland Investors acquires Tall Oaks Apartments in Suburban Portland
Westland Investors announced the successful acquisition of Tall Oaks Apartments. Located on SW Caldwell Road in Gladstone, the 64-unit apartment building’s closing price was $10,150,000. Westland worked closely with Greg Frick and Tyler Johnson of HFO...
4-property San Diego multihousing portfolio sold for $8.5 million
JLL Capital Markets announced that it has closed the $8.5 million sale of a four-property multihousing portfolio totaling 28 units and located throughout San Diego, California. JLL represented the seller in the sale of the...
$26.1 million sale of Phoenix apartments in St. Paul’s Battle Creek Neighborhood
JLL Capital Markets announced it closed the $26.1 million sale of the Phoenix Apartments, a 216-unit recently updated multihousing property located in the Battle Creek neighborhood of St. Paul, Minnesota. JLL worked on behalf of...
Parkview Financial provides $42 million construction loan for 141-unit waterfront apartment/condominium project in Camas,...
Parkview Financial has announced it has provided a $42 million construction loan to Kirkland Development for the construction of The Ledges at Columbia Palisades, an entitled 90-unit apartment and 51 condominium project located at...
Cushman & Wakefield arranges $17.8 million sale on behalf of SB Pacific Group
Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of City Heights Homewood, a 278-unit apartment community located in Homewood, Alabama. The final sale price was $17.8 million. Andrew...
The Fletcher Southlands in affluent Aurora, Colorado sold
JLL Capital Markets announced it closed the sale of The Fletcher Southlands, a 320-unit multihousing property located in the desirable, affluent Aurora, Colorado. JLL represented the seller, a partnership between Origin Investments and Aegon Real...