Rare Capitol Hill apartments with development potential sells for $4.5 million
A multifamily property located at 433 Bellevue Avenue East in Seattle’s Capitol Hill neighborhood has sold for $4,500,000. Dylan Simon, Jerrid Anderson, Matt Laird, and Winslow Lee of The Simon and Anderson Team partnered...
CBRE arranges sale of Regency Place to affiliate of Harbor Group International
CBRE announced that it has arranged the sale of Regency Place, a 120-unit multifamily community located at 7000 Horseshoe Lane in Wilmington, MA. CBRE Capital Markets’ multihousing experts Simon Butler, Biria St. John and John...
Centro Railyard residential and retail property sold
JLL Capital Markets announced that it has handled the sale of Centro Railyard, a 2020-vintage, 91-unit luxury multihousing property with 12,991 square feet of innovative “micro” ground floor retail, in Charlotte, North Carolina’s booming...
The Praedium Group acquires transit-oriented Gateway Arvada Ridge in Arvada, Colorado
The Praedium Group, a New York-based national real estate investment firm, announced the acquisition of Gateway Arvada Ridge in the Arvada submarket of the Denver MSA. Lindsay Schuckman, Vice President of The Praedium Group,...
DB Capital Management builds Austin, Texas holdings with acquisition of 422-unit apartment portfolio
Multifamily investment firm DB Capital Management has made its largest investment in Austin, Texas with the acquisition of a three-property apartment portfolio totaling 422 units. The properties located in North Austin were built between 1980...
ABI Multifamily brokers 240-unit Tempe apartment community for $42.75 million
ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $42.75 million / $178,125 Per Unit / $231.39 Per SF sale of Sanctuary on Broadway,...
55+ housing community near Minneapolis sold for $18.75 million
JLL Capital Markets announced that it handled the $18.75 million sale of The Estates at Arbor Oaks, an Active Adult 55+ Community near Minneapolis, Minnesota. JLL worked on behalf of the seller, Estates of Arbor...
Institutional Property Advisors closes Seattle luxury multifamily property sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Modera Jackson, a five-story contemporary mixed-use apartment community with 160 residential units and 8,069 square feet of street-level retail in...
Interra Realty brokers pair of multifamily transactions totaling $5 million on Chicago’s Northwest Side
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the sale of two multifamily properties on Chicago’s Northwest Side for a combined $5.12 million. In the first transaction, Interra Managing Partner...
12 multifamily asset sales valued at $535 million closed by Institutional Property Advisors’ Northern...
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced that in the fourth quarter of 2020, its Palo Alto, California-based multifamily team brokered the sales of 12 assets totaling 1,552 units valued...
Institutional Property Advisors closes 294-unit multifamily asset in Connecticut
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Westville Village Apartments, a 294-unit apartment complex in New Haven, Connecticut. “New Haven’s ongoing growth in the educational, biotech and medical...
Solaris Lofts in Jersey City refinanced with $20.03 million agency loan
JLL Capital Markets announced that it has arranged a $20.03 million refinancing for Solaris Lofts, a 72-unit multihousing community in Jersey City, New Jersey. JLL worked on behalf of the borrower, PERE Holdings, to secure...
Stepp Commercial completes $5.2 million sale of a 22-unit apartment property in Long Beach,...
Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $5.2 million sale of a 22-unit apartment property located at 1315 W. 19th Street in Long Beach, California. Principal Robert...
Parkview Financial provides $9.4 million construction loan for an 82-unit multifamily development in Tacoma,...
Parkview Financial announced it has provided a $9.4 million construction loan to Emerald Bay Apartments, LLC for Emerald Bay Apartments, an 82-unit multifamily project located at 1624 E 32nd Street in Tacoma, WA. Construction...
Kiser Group advises on $4.15 million, 64-unit Melrose Park, Illinois multifamily sale
Kiser Group, Chicago’s leading multifamily brokerage firm, advised on the sale of Vinan Apartments in Melrose Park, Ill. Located at 2901 Vinan Drive, the 64-unit multifamily asset sold for $4.15 million. Director Matt Halper...
