Deal boom

Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $3.5 million sale of Vanowen Collection, an 18-unit apartment property located at 12715 to 12719 Vanowen Street in North...

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 One Hampton Lake, a 330-unit Class A multifamily community...

Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $6.3 million sale of Washington Place, a 15-unit apartment property located at 401 Washington Avenue in Santa Monica, California. Principal...

Following the $45.08 million sale of two high profile urban San Diego mixed-use projects, San Diego-based Sunrise Management has taken over day-to-day management of both communities—Park + Polk and The Fort—both previously owned and...

JLL Capital Markets announced that it has arranged a $63 million recapitalization of the Channel Club, a recently completed two-story Class A high-rise apartment community located at 1115 E. Twiggs St. in Tampa, Florida. JLL...

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Westminster Towers, a 139-unit multifamily complex in Tacoma, Washington. The property...

32 Arcadia, a 104-unit multifamily community, located at 3211 E. Pinchot Avenue in Phoenix, Arizona, has sold for $14,800,000. The buyer was Cowabunga Two, LLC, a private capital family office that focuses on acquiring...

Cushman & Wakefield has arranged the $17.18 million sale of a three-property portfolio containing 466 multifamily units in Montgomery, Alabama. Craig Hey and Parker Caldwell of Cushman & Wakefield represented the seller, Elevation Financial...

The RADCO Companies (RADCO), one of the nation’s leading opportunistic real estate developers, announced the sale of a two-building multifamily building portfolio comprised of the City Crest and City Summit apartment communities in San...

Oak Coast Properties announced the $163 million disposition of the Pembrooke on the Green Apartments in Denver, Colorado. The transaction is one of the largest apartment community sales in Denver by value in 2020. Oak...

Gelt Financial, a leading commercial real estate direct lender, announced the closing of a $3MM first mortgage on a 152-unit multifamily community called Crown Pointe Apartments in Columbus, Ohio. The company provided a two-year loan...

Berkshire Property Holdings has made its second and largest multifamily investment in the Dallas metroplex in the span of eight months with the acquisition of a two-property, 568-unit apartment portfolio in Richardson, Texas for...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced today the sale of Avalon Venice on Rose, a three-story, 70-unit apartment building with 9,332 square feet of fully leased retail space in...

Multifamily investment firm Magma Equities has acquired Charleston Hall Apartments, a 194-unit garden-style community in Smyrna, Tennessee (Nashville MSA) in an off-market transaction valued at $27 million. Charleston Hall increases Magma Equities’ holdings in the...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of The Dylan, an urban apartment complex in Dallas, Texas. “New capital continues to flow into the Dallas/Fort Worth multifamily market at...