Sunday, May 19, 2024

Deal boom

Apartment deals, mergers and acquisitions

Ivy Lane Apartments

JLL arranges $30 million financing for New Jersey multihousing property

JLL Capital Markets announced that it has arranged $30 million in financing for Ivy Lane, a 237-unit, garden-style multihousing community in Bergenfield, Bergen County, New Jersey. JLL worked on behalf of the borrower, Tower Management...
Highland Lakes

Cushman & Wakefield arranges $42 million sale of Highland Lakes

Cushman & Wakefield announced that the commercial real estate services firm has arranged the $42 million sale of Highland Lakes, a 224-unit multifamily property located in the Prattville submarket northwest of Montgomery, Alabama. Craig Hey and...
The Howell

SHR Resi Completes The Howell Luxury Apartment Community in Atlanta’s Upper Westside

SHR Resi, a wholly-owned subsidiary of leading commercial real estate firm Songy Highroads, proudly announces the completion of The Howell, a luxury apartment community located on Howell Mill Road at Interstate 75 on Atlanta's...

Legacy Partners breaks ground on Colorado’s first large-scale OZ residential community

Legacy Partners (Legacy), a privately-owned national real estate firm, announced today the groundbreaking of Legacy at Fitz in Aurora, Colorado. Located at 1363 N. Victor Street, the five-story 363-unit apartment community is Colorado’s first...

Pathway to Living expands to Michigan with senior housing acquisition

Pathway to Living, a Chicago-based developer, owner and operator of senior living communities, today announced it has completed its acquisition of the property formerly known as Elmcroft of Kentwood in Kentwood, Mich. Located at...
Solomon

Endeavor Unveils Mueller’s Newest Luxury Apartment Community Solomon in Austin Texas

Endeavor Real Estate Group is pleased to announce that its newest apartment community, Solomon, is opening and welcoming residents this month. "Solomon has a high-end feel with market-leading finishes and amenities that residents will love,"...
Northridge Apartments

Vista Investment Group acquires San Francisco-area apartment community for $91 million

Vista Investment Group in partnership with Tokyu Land US Corporation (“TLUS”), a fully-integrated real estate development and investment company, has acquired the Northridge Apartments, a 221-unit garden-style apartment community in the San Francisco East...
Solis Cameron Hills

PCCP, LLC and Terwilliger Pappas form joint venture to develop Class a multifamily community...

PCCP, LLC and Terwilliger Pappas Multifamily Partners have formed a joint venture to develop Solis Cameron Hills, a 315-unit Class A multifamily community located on Grant Avenue in Raleigh, NC. The property will be...
Alta Northerly

Wood Partners Says Welcome Home to Residents of Cumming Georgia’s Newest Luxury Apartment Community...

Wood Partners, a national leader in multifamily real estate development, announced the grand opening of its latest luxury residential community, Alta Northerly, just north of Atlanta in Cumming, Georgia. Alta Northerly's prime location within the...

The Community Preservation Corporation celebrates $10 billion invested in communities since 1974

The Community Preservation Corporation (CPC), a leading nonprofit affordable housing and community revitalization finance company, was joined by hundreds of its borrowers, lending and government partners and others to celebrate the company having deployed...
Gold Creek Apartments

Nova Capital secures $27.385 million in acquisition financing for 255-unit class a multifamily community...

Nova Capital, a Los Angeles-based real estate capital advisory firm, has secured $27.385 million in debt and equity financing on behalf of Darwin German Real Estate, a full service real estate investment firm that...
Alley24

The Jacobson Company sells 172-unit multifamily community in downtown Seattle for $90 million

The Jacobson Company, a leading private real estate investment and management company, has sold Alley24, a 172-unit multifamily property in Seattle, Washington for $90 million. The firm initially acquired the asset for $72 million...
Parkwood Terrace

Institutional Property Advisors brokers multifamily sale outside of Austin

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Parkwood Terrace, a 144-unit, value-add asset in Round Rock, Texas. “This asset’s immediate submarket has the second highest occupancy in the...
Jones & Rio

JLL Closed the Sale of the 191-unit Jones & Rio Trophy Multifamily Community Located...

JLL Capital Markets announced that it has closed the sale of Jones & Rio, a 191-unit, 2017-vintage, trophy multifamily asset on the River Walk in San Antonio, Texas. Conveniently positioned near the Pearl, a 23-acre...
Muir Lake Luxury Apartments

Sterling Real Estate Partners completes sale of luxury, lakefront community in Cedar Park

An affiliate of Sterling Real Estate Partners announces the sale of Muir Lake Luxury Apartments, a Class A, resort-style residential community developed by the local iconic developer, Larry Peel, in the Northwest Austin, Texas...
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