Davlyn Investments acquires Roseville apartment community
Davlyn Investments, a prominent California multifamily investment firm, recently closed escrow on the $95,000,000 purchase of “The Terraces at Highland Reserve,” a 273-unit, luxury, Class A, multifamily community in Roseville, California. The property, which...
Cityview and Townsend Group partner on $125 million Opportunity Zone project in Los Angeles
Cityview, a premier multifamily investment management and development firm, and an opportunity zone program managed by The Townsend Group, a leading provider of investment management and advisory services exclusively focused on real estate and...
Institutional Property Advisors completes luxury multifamily asset sale in Dallas-Fort Worth
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of The Huntington, a 320-unit, five-story luxury multifamily property in Plano, Texas. “Located within the most prolific growth corridor in the country,...
36-unit apartment sold in Miami 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 Flamingo Garden, a 36-unit apartment property located in Miami, Florida, according...
Institutional Property Advisors closes $37.75 million multifamily sale in Portland Metro area
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Treeline 604, a 166-unit apartment asset in Vancouver, Washington. The property sold for $37.75 million, which equates to $227,410 per...
94-unit apartment portfolio sells for $14 million in Tualatin, Oregon
Kidder Mathews is pleased to announce the sale of the Cypress Gardens and Casa De Robles apartment portfolio for $14,000,000. The two properties are comprised of 94 total units and located at 19545 and...
Pathfinder closes sale of The Sterling in Gilbert, Arizona
Pathfinder Partners, a San Diego-based firm specializing in multifamily real estate investments, announced the sale of The Sterling, a 107-unit community in Gilbert, Arizona, 23 miles southeast of downtown Phoenix. The property was acquired...
51-unit Park Luxury Townhomes sells for $17 million
The Park Luxury Townhomes, a 51-unit multifamily property located at 12135 122nd Avenue E. in Puyallup, Washington, has sold for $17,000,000 in an off-market sale structured by Kidder Mathews. The buyer was Overland Real...
Apex on Preston sold for $54 million, $40.7 million acquisition financing arranged
JLL Capital Markets announced that it has closed the $54 million sale and arranged $40.7 million in financing for the luxury garden-style Apex on Preston apartment property in Louisville, Kentucky. JLL worked on behalf of...
Institutional Property Advisors closes Dallas-Fort Worth apartment asset sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Trinity at Left Bank, a 337-unit five-story multifamily property located in the West 7th District of Fort Worth, Texas. “This was...
TruAmerica enters Texas multifamily market with acquisition of 408-unit community in Irving
TruAmerica Multifamily has made its first investment in the state of Texas with the acquisition of Arbors of Las Colinas, a 408-unit Class B apartment home community in the Dallas suburb of Irving, Texas. “We...
Stepp Commercial completes $10.35 million 1031 exchange acquisition of Lois Landing Apartments, a 56-unit...
Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $10.35 million acquisition of Lois Landing Apartments, a 56-unit apartment property located at 115 South Lois Avenue in Tampa,...
$16.96 million equity raise secured for Arkansas student housing community
JLL Capital Markets announced that it has arranged $16.96 million in joint venture equity for Ozark Villas, a 670-bed student housing community serving the University of Arkansas (U of A) in Fayetteville, Arkansas. JLL worked...
CBRE arranges sale of Washington Crossing multifamily community in Woburn, Massachusetts
CBRE announced that it has arranged the sale of the leasehold interest of Washington Crossing, a Class A multifamily community located at 55 Cedar Street in Woburn, MA. CBRE Capital Markets’ multi-housing experts Simon Butler,...
Institutional Property Advisors closes two-property $90.2 million multifamily portfolio sale in Southern Arizona
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of a two-property multifamily portfolio in Tucson, Arizona. The properties are Equestrian, a 288-unit complex that sold for $47.7 million, or...
