ABI Multifamily brokers 203-unit Northwest Phoenix multifamily apartment community for $48 million
ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $48,000,000 / $236,453 Per Unit / $307.13 Per SF sale of Canyon Springs Apartments, a...
Cushman & Wakefield arranges $37.75 million sale of Canopy Creek multifamily property in Jacksonville
Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of Canopy Creek, a 288-unit multifamily community located at 11291 Harts Rd. The final transaction price was $37.75 million,...
Berkadia Arranges Equity Partner for Capstone Communities’ Central Georgia Build-for-Rent Community
Berkadia announces it has sourced $13.2 million in equity for Capstone Communities to develop The Cottages at Warner Robins, a low-density multifamily development located in the central Georgia town of Warner Robins. The cottage-style...
Berkadia arranges acquisition loan for two-phase, Class A apartment community in Georgia
Berkadia announces it has secured a loan for the acquisition of Exchange at 1105, a new Class A 280-unit garden-style multifamily property in LaGrange, Ga., in Troup County. Alliance Bernstein provided the financing.
Managing Director...
Next Wave sells 216-unit multifamily community in Las Vegas
Next Wave Investors, LLC (Next Wave) a private equity firm focused on value-add multifamily investments, recently sold Spanish Oaks, a 216-unit garden-style multifamily community in Las Vegas, Nevada for $50 million after acquiring it...
Sunrise Management adds high-end Southern California multifamily communities to portfolio
Expanding its California portfolio, San Diego-based Sunrise Management has taken over day-to-day management of Arte West, a 228-unit, four-story luxury community in Santa Ana, Calif., and Arte, a high-end 182-unit apartment community on 4.4...
Gebroe-Hammer Associates arranges $154.3+ milion in Bergen/Passaic County, NJ sales
Long considered one of the highest-barrier-to-entry multifamily investment submarkets in the state, the Bergen/Passaic County apartment-property corridor continues to live up to its enduring reputation, according to Gebroe-Hammer Associates. While for-sale product remains scarce—and...
Berkadia arranges sale and financing of build-for-rent community in Broward County
Berkadia announces it has arranged the sale and financing of Stellar at Palm Aire, a new build-for-rent community consisting of 39 townhomes located in the center of the Palm Aire Country Club in Pompano...
JLL closes sale of The Peaks of Nanuet
JLL announced that it has closed the sale of The Peaks of Nanuet, a 504-unit apartment complex in the suburb of Nanuet, Rockland County, New York.
JLL marketed the property exclusively on behalf of the...
Coastal Texas multifamily value-add asset sold by IPA
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces the sale of Sendera Baypoint, a 350-unit multifamily asset on Oso Bay in Corpus Christi, Texas.
“The property’s historically strong performance and recent upgrades...
IPA brokers Metroplex multifamily asset sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces the sale of Villas Central Park, a 249-unit multifamily property in Grand Prairie, Texas.
“Villas at Central Park achieved stabilization within an impressive timeframe...
MassHousing closes on $18 million for the refinancing, preservation of affordability and extensive renovation...
MassHousing has provided a total of $18 million in affordable housing financing to the non-profit Retirement Housing Foundation (RHF), and its development consultant, the Schochet Companies, for the refinancing, preservation of affordability and renovation...
Cushman & Wakefield brings Bergen County multifamily asset to market
River Edge at Garfield, a newly constructed, 104-unit luxury apartment community at 600 Autumn Lane in Garfield, has come online for sale, announced Cushman & Wakefield. The commercial real estate services firm’s New Jersey...
Multifamily asset changes hands in suburban Fort Worth
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced today the sale of Creek on Calloway, a 247-unit apartment complex in Richland Hills, Texas.
“Significant exterior and interior improvements made since 2013 have...
CBRE Arranges $70M Sale of the 148-Unit Multifamily Community “Pelham Hall” in Brookline Massachusetts
CBRE announced the completion of the $70 million sale of Pelham Hall Apartments, a 148-unit luxury mid-rise apartment community located in the heart of Coolidge Corner in Brookline, Massachusetts. This residential community was acquired...
