Friday, February 7, 2025

Deal boom

Apartment deals, mergers and acquisitions

Apollo

Joint Venture of Cityview and Stockbridge Announce Topping Out at Multifamily Community Apollo in...

Cityview and Stockbridge have topped out construction on Apollo, a 265-unit community at 12888 Crenshaw Boulevard in Gardena, California. “Apollo is bringing more than 250 units of much-needed housing to one of the fastest growing...
GRRP

HUD with GRRP Invests More Than $2M to Modernize Rental Homes for Families in...

The U.S. Department of Housing and Urban Development (HUD) announced the recent closing of three Green and Resilient Retrofit Program (GRRP) transactions to help finance energy efficiency and climate resilience improvements for affordable rental...
TLP-Fides

RMK Management Corp. Named Property Manager for 3 Chicago-Area TLP-Fides Luxury Rental Communities

RMK Management Corp., one of the Midwest’s largest market-rate apartment management firms, has been named property manager for three multifamily rental properties in Chicago’s northern suburbs owned by Libertyville, Illinois-based TLP-Fides. “Having TLP-Fides put its...
Creekside Canopy

Lion Real Estate Group Expands Charlotte Portfolio with the 208-Unit Value-Add Acquisition of Multifamily...

Lion Real Estate Group, LLC ("LREG"), a Dallas-headquartered real estate investment and asset management firm focused on acquiring value-add and opportunistic multifamily properties, acquired a two-property, 208-unit apartment portfolio in Charlotte, North Carolina that...
17188 Chatsworth

Priority Capital Advisory Arranges $18M in Construction Financing for ED1 Affordable Housing Project at...

Priority Capital Advisory, a Los Angeles-based premier boutique debt and equity capital advisor for middle market and institutional developers, owners, and investors, has secured $18 million in senior debt financing for the construction of...
Vista Imperio

Joint Venture Acquires 158-Unit Multifamily Community Vista Imperio in Riverside

Western National Group (WNG) announces the acquisition of Vista Imperio, a 158-unit garden-style multifamily community built in 2005 located in Riverside, California. Vista Imperio was acquired in a joint venture partnership with Sagard Real Estate,...
Xander on State

JLL Arranges Acquisition Loan for Class A Multifamily Property Xander on State in Columbus

JLL Capital Markets announced that it has secured a $30.5 million acquisition loan for Xander on State, a 229-unit multifamily community in Columbus, Ohio. Xander on State, situated at 265 East State Street in downtown...
River Lofts at Tobacco Row

West Shore Acquires River Lofts at Tobacco Row in Richmond Virginia

West Shore, a fully integrated real estate investment firm with a specific focus on the acquisition and operation of multifamily assets, this week announced its acquisition of The River Lofts at Tobacco Row in...
Chasen

Capital Square Tops Out Fifth Opportunity Zone Development Chasen in Richmond’s Scott’s Addition Neighborhood

Capital Square, one of the nation’s leading sponsors of tax-advantaged real estate investments and an active developer and manager of housing communities, announced the topping out of Chasen, a 352-unit, multifamily community development in...
Taylor Farms

Thompson Thrift Sells 276-Unit Class A Multifamily Community Taylor Farms Near Charlotte

Thompson Thrift, a full-service nationally recognized real estate company, announced the sale of Taylor Farms, a 276-unit, Class A multifamily community 20 minutes from Uptown Charlotte. The Northmarq team led by John Currin, Andrea Howard,...
El Jugador

JLL Arranges Financing for Coastal Multifamily Property Sale of El Jugador in Southern California

JLL Capital Markets announced that it has secured a $4 million acquisition financing for El Jugador, a 15-unit multifamily property located in Oceanside, California. JLL worked on behalf of the borrower, ORKA Holdings, to arranging...
AMLI Treehouse

Younger Partners Brokers Sale of Midway Square Near Dallas to AMLI for Mixed-Use Development...

Younger Partners Executive Vice President Ben McCutchin and Consultant Sam Kartalis brokered the sale of the eight-acre former Midway Square Shopping Center, at 14833 Midway Road in Addison, Texas to AMLI Residential. Located within the...
Yorktown Reserve

Institutional Property Advisors Arranges Financing for Yorktown Reserve Mall Redevelopment Project Near Chicago

Institutional Property Advisors (IPA), a division of Marcus & Millichap, has closed a $56 million senior construction financing loan and $12.5 million in equity for the development of the first phase of Yorktown Reserve,...
Sterling Pointe Apartments

Marcus & Millichap Facilitates the $13.5M Sale of Sterling Pointe Apartments Near Sacramento

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, finalized the sale of Sterling Pointe Apartments, a 57-unit apartment property located in Davis, California...
Alta Avondale

Wood Partners Announces Grand Opening of Two New Multifamily Developments within the Phoenix MSA,...

Wood Partners opened two new properties, Alta Avondale in Avondale and Alta Rise in Chandler. Both properties reside within the Phoenix, Arizona MSA. These multifamily developments will bring more than 630 units to the...
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