Deal boom

Interra Realty, a Chicago-based commercial real estate investment services firm, announced it arranged the $2.9 million sale of 3124-28 N. Kimball Ave., a 16-unit building in Chicago’s Avondale neighborhood. The price per unit was...

JRK Property Holdings, one of the largest multifamily landlords in the United States, has acquired a 538-unit apartment complex in the Washington, DC suburb of Gaithersburg, MD,  the first in a series of acquisitions...

Avanath Capital Management, a private real estate firm that invests in affordable and workforce housing properties throughout the U.S. on behalf of institutional investors, has announced the acquisition of three affordable housing communities: two...

JLL Capital Markets announced that it has arranged the sale of and acquisition financing for Confluence at Three Springs, a 171-unit, garden-style, multihousing community in Durango, Colorado. JLL marketed the property on behalf of the...

Passco Companies, a privately held California-based commercial real estate company that specializes in acquisition, development, and property and asset management throughout the U.S., has acquired The Preserve at Catons Crossing, a 200-unit, mid-rise apartment...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Meadows at Heron Creek, a 178-unit garden-style apartment asset built in 2012 near Amberglen Business Park in Hillsboro, Oregon. The...

The RADCO Companies (RADCO), one of the nation’s leading opportunistic real estate developers, announced the sale of Radius Mountain Creek, a 296-unit apartment complex in Chattanooga, TN for $32,000,000. A real estate fund managed...

JLL Capital Markets announced the arrangement of $10.368 million in acquisition financing for the Candleglow Apartments located at 1071 Candlelight Blvd. in Brooksville, Florida. JLL worked on behalf of the borrower, Beachwold Residential, to secure...

Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $2.6 million sale of an eight-unit, value-add apartment property located at 11969 Iowa Avenue in West Los Angeles. Principal Kimberly...

Avison Young announced it has completed the $9.936 million sale of 4.11 acres of land (2.75 acres buildable) located at 28719 Los Alisos Boulevard in Mission Viejo, CA. The buyer, a prominent national builder...

Westmount Realty Capital announced the acquisition of Urban Trails at the District, a two-story, garden-style apartment community located at 1620 W Southern Ave. in fast-growing Mesa. The 156-unit multifamily community consists of one- and...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Liv North Valley, a 385-unit luxury multifamily asset in Phoenix, Arizona. The property sold for $90 million, which equates to...

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Northshore Place, a 224-unit multifamily property in Portland, Texas. “Portland is the...

Gelt, Inc., a Los Angeles-based real estate investment and asset management firm, is pleased to announce it has acquired Silverwood Apartments for $30 million. The 164-unit property is located at 4777 SW 11th St.,...

PCCP, LLC and Terwilliger Pappas Multifamily Partners have formed a joint venture to develop Solis Cameron Hills, a 315-unit Class A multifamily community located on Grant Avenue in Raleigh, NC. The property will be...