Deal boom

JLL Capital Markets announced that it has arranged acquisition financing and sourced new equity for the Valora at Homewood multihousing property near Birmingham, Alabama. JLL worked on behalf of the borrower, Brick Lane LLC, to...

JLL Capital Markets announced that it has arranged $21.65 million in refinancing for The Lexington, a multihousing community consisting of 50 apartments across two, five-story buildings in Hoboken, New Jersey. JLL worked on behalf of...

Sack Properties (Sack), a 62-year-old, San Francisco-based real estate investment and management firm with a $750 million portfolio of approximately 2,500 multifamily units throughout the Western United States, announced the acquisition of Chateau Woods,...

San Diego-based Tower 16 Capital Partners, in partnership with Drake Real Estate Partners, has acquired Sierra Vista Apartments, a 258-unit multifamily project in Tucson, Ariz. The property was acquired from a private seller in...

ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western U.S., is proud to announce the $29,750,000 / $215,580 per Unit / $218.34 per SF sale of the Seventeen 805 Apartments, a 138-unit property in Phoenix, AZ. Built in...

Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the approximately $2.4 million sale of an eight-unit apartment property located at 1066 Coronado Avenue in Long Beach, CA. Principal Robert...

JLL Capital Markets announced that it has closed the sale of the 150-unit Residence at SouthPark multihousing property located at 4300 Sharon Rd. in the SouthPark submarket of Charlotte. JLL closed the property sale from...

Raintree Partners, an Orange County, California-based private commercial real estate investment company, has acquired a portfolio of five multifamily communities in Southern California, totaling 551 units, from a private seller for $142 million. The properties...

Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the $1.07 million sale of 4040 S. Prairie Ave., an eight-unit apartment building in Chicago’s Bronzeville neighborhood. The price per unit...

Institutional Property Advisors (IPA), a division of Marcus & Millichap,  announced the sale of Riata, a newly constructed, 300-unit apartment complex in Chandler, Arizona. The property sold for $91 million, or $303,333 per unit. “The...

Cushman & Wakefield announced that the real estate services firm has arranged the sale of Tealwood Parke, a 108-unit apartment community located in Winter Park, Florida. The final sale price was $16.74 million. Mike Donaldson...

Nevada-based Camino Verde Group, in association with NV2 Holdings of Austin, Texas, recently acquired the Aspen Meadow apartment community in Hopkinsville, Kentucky. This is Camino Verde’s first property outside the western U.S. “The purchase further...

Cushman & Wakefield announced that the real estate services firm has arranged the sale of The Park at Via Roma, a 228-unit apartment community located in Daytona Beach, Florida. The final sale price was...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of The Grand on Beach, a 304-unit apartment complex in Haltom City, Texas. “The Haltom City-Meacham submarket continues to be one of...

Avanath Capital Management, a private real estate firm that invests in affordable and workforce housing properties throughout the U.S., has announced the acquisition of a senior affordable housing community located in Sterling, Virginia and...