American Landmark adds Jacksonville apartments to portfolio
American Landmark Apartments, one of the fastest-growing multifamily owner-operators in the country, has acquired Deerwood Park, a 282-unit multifamily community in Jacksonville. The property will be renamed Eddison at Deerwood Park and will undergo...
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...
Cushman & Wakefield arranges $5.25 million sale on behalf of TCA LLC
Cushman & Wakefield announced that the commercial real estate services firm has arranged the $5.25 million sale of Terrace Court, a 40-unit apartment community located in Birmingham, Alabama.
Craig Hey and Jimmy Adams of Cushman...
Marcus & Millichap brokers $2.35 million apartment sale in Hattiesburg
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Campus Cottages, a 44-unit apartment community located in Hattiesburg, Mississippi. The...
Sale of 250-unit multihousing community in Phoenix closes
JLL Capital Markets announced that it has closed the sale of Sedona Ridge, a 250-unit, garden-style multihousing community in Phoenix, Arizona.
JLL marketed the property on behalf of the owner, Sares Regis Multifamily Funds. An...
FCP and Aventon announce JV for development of Aventon Clearwater Class A Apartments
FCP and Aventon Companies announce a joint venture for the development of Aventon Clearwater Apartments in Clearwater, Fla. The 396-unit, Class A multifamily community will feature three-story buildings on U.S. Highway 19, and easy...
Berkadia arranges financing for acquisition of Frontal Trust’s single-family rental portfolio in Miami-Dade County
Berkadia announces it has arranged a $17.15 million loan for the acquisition of 125 condos and single-family homes located within Miami-Dade County, Florida. The majority of the assets are located in Homestead and include...
CBRE arranges sale of 179-unit apartment community in Middletown, RI for $37 million
CBRE announced that it has arranged the $37 million sale of Northgate Apartments, a 179-unit garden style apartment community located at 3 Admiralty Drive in Middletown, Rhode Island.
CBRE Capital Markets’ multihousing experts Simon Butler,...
Interra Realty Brokers $13.7 million deconversion sale near Wrigley Field
Interra Realty, a Chicago-based commercial real estate investment services firm, today announced it brokered the $13.7 million deconversion sale of 3264-70 N. Clark St., a mixed-use building in Chicago’s Lakeview neighborhood. The buyer, Chicago-based...
ECI Group announces $625 million portfolio refi
ECI Group has closed a $625 million refinance of a 13-asset portfolio of multifamily assets through Goldman Sachs Bank USA, fueling ECI’s reinvestment in existing assets and supporting an active development pipeline as well...
Market Square Tower is over 90 percent leased
Market Square Tower, Houston’s tallest residential high-rise, has leased up in record time, and is now over 90 percent leased. Market Square Tower, nestled in the heart of downtown Houston, is within easy walking...
Gelt, Inc. acquires a 149-unit apartment property in Studio City, California for $76 million
Gelt Inc., a Los Angeles-based real estate investment and asset management firm, is pleased to announce it has acquired Avalon Studio 4121, a 149-unit value-add apartment property located at 4041-4121 Radford Avenue in Studio...
Single-family rental townhome community in Charleston suburb trades
JLL Capital Markets announced that it has closed the sale of and arranged the acquisition financing for Chamberlain Pines, a 132-unit single-family rental community in the Charleston, South Carolina suburb of Summerville.
JLL represented the...
Meridian Capital Group arranges $37.5 million in financing for two multifamily properties in Savannah,...
Meridian Capital Group, America’s most active dealmaker, arranged $37.5 million in financing for the refinance of two multifamily properties located in Savannah, GA, and Lexington, KY.
The seven-year loan for the Savannah property features a...
Excelsa Properties acquires $78 million multifamily community in Columbia, Maryland
Excelsa Properties has closed on the $78 million purchase of a 325-unit multifamily property located at 5764 Stevens Forest Road in Downtown Columbia, Maryland. The value-add property, Columbia Pointe, was jointly acquired by Excelsa...
