Cushman & Wakefield arranges $18 million sale of 189-unit lakefront multifamily asset
Cushman & Wakefield announced that the real estate services firm arranged the sale of Orlando on the Lake, a 189-unit lakefront multifamily asset in Orlando. The final sale price was $18,000,000, equating to more...
Berkadia arranges $55.3 million sale of Tampa Bay apartments
Berkadia announces it has arranged the sale of Brandywine Apartments, a 477-unit garden-style apartment community in St. Petersburg, Fla. Managing Director Jason Stanton of Berkadia’s Tampa office, and Senior Managing Director Cole Whitaker of...
Joint Venture of PCCP, LLC and The Bainbridge Companies acquires 32.6 acres for development...
A joint venture of PCCP, LLC and The Bainbridge Companies announced it has acquired a 32.6-acre site for the construction of Bainbridge Avenues Walk, a 372-unit Class A multifamily community located at 10502 Avenues...
Transwestern closes $136 million of multifamily assets in two December transactions
Transwestern Real Estate Services (TRS) announces its Mid-Atlantic Multifamily Group executed the sale of two multifamily communities in December totaling $138.7 million. Transwestern Executive Vice Presidents Dean Sigmon and Robin Williams, Vice President Justin...
Presidio North apartments in Phoenix sold for $55.6 million
JLL Capital Markets announced that it has closed the $55.6M sale and arranged $38.6 million in acquisition financing for the Presidio North apartments located in Phoenix, Arizona. JLL represented the seller, a charitable foundation, in...
CBRE arranges sale of Bell at Salem Station multifamily community to affiliate of Pacific...
CBRE announced that it has arranged the sale of Bell at Salem Station, a 266-unit, 100 percent market multifamily community located at 190 Bridge Street in Salem, Mass. CBRE Capital Markets’ multihousing experts Simon Butler,...
Kiser Group advises on $7.25 million, 80-unit Lockport, Illinois apartment sale
Kiser Group, Chicago’s leading multifamily brokerage firm, advised on the sale of Lockport South Apartments in Lockport, Illinois. Located at 551 Diane Court, the 80-unit multifamily property sold for $7,250,000. Director Matt Halper, Advisor...
102-unit apartment building sold for $12 million by Marcus & Millichap
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Waterside Village, a 102-unit apartment property located in St. Petersburg, Fla.,...
Workforce housing asset sold in Pasadena, Texas
JLL Capital Markets announced that it has closed the sale of a 300+-unit, garden-style multihousing property in Pasadena, Texas. JLL worked on behalf of the seller, 29th Street Capital, to complete the sale to the...
Institutional Property Advisors finalizes $84.35 million multifamily asset sale in Suburban Phoenix
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Watermark at Gateway Place, a 250-unit apartment asset in Gilbert, Arizona. The property sold for $84.35 million, which represents $337,400...
The RADCO Companies announces sale of Radius Palms in Tampa, Florida
The RADCO Companies (RADCO), one of the nation’s leading opportunistic real estate developers, announced the sale of Radius Palms, a 540-unit apartment community located at 14501 Caribbean Breeze Drive in Tampa, Florida. The property...
Cushman & Wakefield arranges $57 million sale on behalf of AHS Residential
Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of Deering Groves, a 281-unit garden-style apartment community located in Miami-Dade, Florida. The final sale price was $57 million. Robert...
Cushman & Wakefield arranges $82.5 million sale of Swan Lake Apartments
Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of Swan Lake Apartments, a 640-unit apartment community located in Tampa, Florida. The final sale price was $82.5 million. Mike...
Cushman & Wakefield arranges $65.1 million sale on behalf of Hathaway Development and PointOne...
Cushman & Wakefield has arranged the $65.1 million sale of Exchange at Holly Springs, a 316-unit apartment community located in Holly Springs, North Carolina, within the Raleigh MSA. Marc Robinson, Jordan McCarley, Robert Stickel...
Institutional Property Advisors negotiates $80.75 million apartment complex sale in Portland Oregon
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Sunset Summit, a 261-unit multifamily property in the West Hills neighborhood of Portland, Oregon. The property sold for $80.75 million,...