Deal boom

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 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 (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...

JLL Capital Markets announced that it has closed the $53 million sale of The Sheffield SoNo, a 136-unit, luxury, transit-oriented apartment building with ground-floor office space located along the waterfront in Norwalk, Connecticut. JLL marketed...

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...

CBRE announced today that it has arranged for the sale of Mill Falls Apartments in Methuen, Massachusetts for $13.8 million. CBRE Capital Markets’ multi-housing experts Simon Butler, Biria St. John and John McLaughlin exclusively represented...

SB Real Estate Partners (SBREP) has announced the purchase of Casa Anita Apartments—a 224-unit multifamily community located in the West Valley submarket of Phoenix—for $35.3 million. The property had previously been under private ownership...

JLL Capital Markets announced that it has closed the $69.5 million sale of the luxury, garden-style NOVEL Research Park, by Crescent Communities, a multihousing community within University Research Park in Charlotte, North Carolina. JLL marketed...

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of The Edge at 401, a 47-unit apartment property located in Tallahassee,...

MassHousing has closed on $26.4 million in affordable housing financing to the non-profit Affordable Housing and Services Collaborative, Inc., to support the refinancing and major rehabilitation of the 248-unit Powdermill Village in Westfield. Powdermill Village...

Draper and Kramer, Incorporated, a national real estate services firm, today announced it has added to its national portfolio of multifamily properties with the purchase of Adriatica Senior Living, a 121-unit, amenity-rich rental community...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Maxwell on 66th, a new, luxury 349-unit garden-style apartment property in the North Scottsdale Corridor of Phoenix, Arizona. The property...

Stepp Commercial has completed the $9.8 million acquisition of Twin Palms, a 17-unit apartment property located at 136 Cliff Drive and 145 Cedar Way in Laguna Beach, CA. Senior Vice President Todd Hawke and Principal...

Berkadia announces it has arranged the $23 million sale of River Gardens, a 218-unit multifamily community in Tampa. Managing Director Jason Stanton of Berkadia’s Tampa office and Senior Managing Director Cole Whitaker of Berkadia’s...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Dolce Living Home Town, a 316-unit apartment asset in the suburban Fort Worth city of North Richland Hills, Texas. “Dolce Living...