Thursday, November 28, 2024

Deal boom

Apartment deals, mergers and acquisitions

Sweetwater Springs

Parkland Residential Secures Construction Financing for Phase 2 of Sweetwater Springs Near Atlanta

Parkland Residential announces it has secured construction financing from The Piedmont Bank for Phase Two of Sweetwater Springs in Lawrenceville. Land Development is complete, and framing will start soon on the 37 stacked townhomes...
McAlpine Vista

JLL Arranges Funding for Vista Residential Partners’ McAlpine Vista Project in Charlotte

JLL Capital Markets announced that it has secured a $43.6 million financing for McAlpine Vista, a 320-unit surface-parked multifamily project located in Charlotte, North Carolina. JLL worked on behalf of the borrower, Vista Residential Partners,...
Beacon Hill

KRE Group and Mayor Jonathan Hornik Cut Ribbon to Celebrate Opening of Beacon Hill...

Marlboro Township Mayor Jonathan Hornik, along with fellow local officials and dignitaries, joined KRE Group principals on Wednesday, October 9th, to celebrate the opening of the township’s newest full-service apartment community: Beacon Hill. Mayor Hornik...
The 87

Toll Brothers Campus Living® Opens New Luxury Student Apartment Community The 87 in South...

Toll Brothers Campus Living®, a division of Toll Brothers, Inc. (NYSE: TOL), the nation’s leading builder of luxury homes, and joint venture partner HSRE, announce the opening of The 87 in South Bend, Indiana....
Seneca at Southern Highlands

Las Vegas Welcomes its First Luxury Built-to-Rent Community Seneca at Southern Highlands with Construction...

Seneca, the developer of one of the country’s first luxury-for-lease communities featuring high-end, high-design rental homes focused on sustainability, well-being and convenience, announced the completion of construction on its debut neighborhood, Seneca at Southern...
Ivy Street

Cushman & Wakefield Secures 99-Year Ground Lease on Ivy Street in San Diego for...

Cushman & Wakefield announced the firm has brokered a 99-year ground lease for a ±1.06-acre commercial site located at 411 Ivy Street plus an adjacent parking lot located in the Bankers Hill neighborhood of...
Fuller Street

Griffith Pepdjonovic Group of Marcus & Millichap Brokers $4M Sale of Fuller Street Multifamily...

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of the Fuller Street Portfolio, a 12-unit multifamily portfolio in the Dorchester...
Birchway Angle Lake

Greystar Breaks Ground on Birchway Angle Lake in the SeaTac MSA

Greystar, a global leader in the investment, development, and management of real estate, including rental housing, logistics, and life sciences, in partnership with GMC Projects, a Canadian-based real estate developer, are pleased to announce...
The Gabriel

CP Capital Sells The Gabriel Apartment Community in Los Angeles and Highlights Robust 2024...

CP Capital, a leading U.S. real estate manager specializing in multifamily investments, announced the sale of The Gabriel – a four-story, 312-unit wrap-style apartment community in Pomona, California, a suburb of Los Angeles. “The multifamily...
Advenir Azora

Azora and Advenir Strike $3B Partnership to Invest in Rental Units

Azora and Advenir are teaming up in a $3 billion collaboration, called Advenir Azora to invest in rental units. The two management firms will pour the capital into key markets across the states, they announced...
San Tan Valley

Western Retail Advisors Closes San Tan Valley Land Sale for Planned Apartments

Phoenix-based retail brokerage specialist Western Retail Advisors has announced the completion of a 20.45-acre, $14,433,000 land acquisition in San Tan Valley, Arizona, purchased for the development of a 318-unit apartment project. Jake McClaughry and Brian...
Jefferson

JLL Income Property Trust Sells Chicago West Loop Apartment Tower on Jefferson

JLL Income Property Trust, an institutionally-managed daily NAV REIT with approximately $6.6 billion in portfolio equity and debt investments, announced the sale of 180 North Jefferson, a 28-story apartment community in downtown Chicago as...
Santa Clara II Apartments

Lincoln Avenue Communities Hosts Block Party at Santa Clara II Apartments in Miami

Lincoln Avenue Communities (LAC), a mission-driven acquirer and developer of affordable housing, hosted a block party at Santa Clara II Apartments yesterday with residents to celebrate the property's grand reopening after its major renovation....
Development Advisors

FirstService Residential Launches FirstService Development Advisors to Guide Developers in Creating Visionary Communities

FirstService Residential, North America's leading property management company, announces the launch of FirstService Development Advisors, a new division designed to provide comprehensive consulting services to large-scale residential developers, with an emphasis on master-planned communities,...
affordable workforce housing communities

Turner Impact Capital Targets $750M Equity with Third Multifamily Fund to Acquire or Develop...

Turner Impact Capital has launched its third multifamily housing fund to address the country’s housing affordability crisis. Turner Multifamily Impact Fund III (TMIF III) seeks to raise up to $750 million of equity, unlocking...
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