Deal boom

StoneBridge Investments of Washington, DC, has acquired Magnolia Terrace, a 264-unit rental apartment community in fast-growing Charlotte, NC for $40.7 million. The seller, Atlanta-based RADCO Companies, was represented by Jordan McCarley and Brooks Colquitt...

Cushman & Wakefield has arranged the $26.67 million sale of Summerchase at Riverchase, a 240-unit apartment community located in Hoover, Alabama. Jimmy Adams and Andrew Brown of Cushman & Wakefield represented the seller, TriBridge...

Trion Properties, a real estate private equity firm that specializes in multifamily investments in western markets, has acquired The View at North Peak, a 288-unit multifamily community in Northglenn, Colorado, a suburb of Denver....

Cushman & Wakefield has arranged the $43 million sale of Capital Park at 72 West, a 233-unit apartment community located in Huntsville, Alabama. Jimmy Adams and Craig Hey of Cushman & Wakefield represented the...

Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the $5.585 million off-market sale of 2020-36 W. Montrose Ave., a 31-unit mixed-use property in Chicago’s Ravenswood neighborhood. The price per...

Cushman & Wakefield has arranged the $80 million sale of Colton Creek, a 500-unit apartment community located in McDonough, Georgia. Mike Kemether, Alex Brown, Travis Presnell, and Robert Stickel of Cushman & Wakefield represented...

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Hamilton on the Bay, a 28-story, 275-unit apartment tower in Miami’s...

Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $5.1 million sale of Delano Village, an 18-unit apartment property located at 14161 to 14163 Delano Street in Van...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Santa Clara, a luxury, three-story, 300-unit multifamily asset in Pflugerville, a suburb of Austin, Texas. “North Austin continues to grow rapidly...

JLL Capital Markets announced that it has arranged financing for Hanover Southampton, a 206-unit multihousing community in Houston’s affluent West University neighborhood. JLL worked on behalf of the developer, Hanover Company and State Farm, to...

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of 5601 31st Avenue South, a 6-unit apartment property located in Gulfport,...

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of The Colony, a 179-unit multifamily asset in Irving, Texas. “Under the same...

Expanding its hometown presence, San Diego-based Sunrise Management, which has specialized in managing multifamily properties since 1978, has added eight San Diego multifamily communities totaling 155 units to its portfolio. According to Sunrise CEO and...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Verona Court, a 141-unit apartment complex in Phoenix, Arizona. The property sold for $20 million, which equates to $141,844 per...

MassHousing  has provided $32.7  million in  affordable housing financing to  an affiliate of Atlantic Tambone Management, LLC to  preserve and  extend the affordability  for lower-income  senior citizens and families  for at least  31 years at the  194-unit  Mountain...