Thursday, November 28, 2024

Deal boom

Apartment deals, mergers and acquisitions

Cornelia-Stratford

Greystone Provides $18.2 Million in Fannie Mae DUS® Financing for Multifamily Property Cornelia-Stratford in...

Greystone has provided an $18,220,000 Fannie Mae Delegated Underwriting & Servicing (DUS®) loan for the acquisition of a 139-unit multifamily property Cornelia-Stratford in Chicago, Illinois. The financing was originated by Clint Darby and Andrew...
Beverly

StreetLights Residential Unveils The Beverly in Scottsdale

StreetLights Residential's newest luxury multifamily community in Arizona, The Beverly, is now leasing. Located at Scottsdale Road & Loop 101 as part of the mixed-use development One Scottsdale, the multifamily community offers 314 luxury...
Devan

The Devan Luxury Rental Surpasses 50% Leased Benchmark in Jersey City

More than 50% of the 336 upscale rental homes at The Devan on Jersey City’s Hoboken border have been leased just months after its introduction to the New Jersey Hudson River “Gold Coast” market,...
Germantown Village Apartments

Marcus & Millichap Arranges $6.9M Sale of 100-Unit Multifamily Property Germantown Village Apartments in...

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Germantown Village Apartments, a 100-unit apartment property located in Louisville, Kentucky....
Wheelock Parkway Apartments

Marcus & Millichap Brokers Sale of 103-Unit Wheelock Parkway Apartments in St. Paul

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Wheelock Parkway Apartments, a 103-unit apartment property located in St. Paul,...
Courtside Apartments II

Housing Trust Group Begins Construction of $58M Affordable Courtside Apartments II in Miami

Housing Trust Group (HTG), a leading multifamily developer, alongside AM Affordable Housing, a non-profit founded by NBA Hall of Famer and Miami Heat legend Alonzo Mourning, have closed on financing and commenced construction on...
Stone Creek at Old Farm

Lion Adds 190-Unit, Off-Market Multifamily Asset Stone Creek at Old Farm in Houston to...

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 Stone Creek at Old Farm, a 190-unit, Class B+, multifamily...
Drexel Boulevard

Interra Realty Brokers $4M Sale of 31-Unit Multifamily Property on Drexel Boulevard in Chicago’s...

Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the sale of a 31-unit apartment building at 4915 S. Drexel Boulevard in the city’s Kenwood neighborhood. Interra Senior Managing Partner Brad...
Laguna Terrace

CBRE Arranges Sale of 12-Unit Multifamily Property Laguna Terrace to All-Cash Private 1031 Exchange...

CBRE announced the sale of Laguna Terrace, a 12-unit multifamily property at 2200 S. Coast Highway in Laguna Beach, California to a private investor. The property sold for $5.1 million, equating to $1,093 per...
Western Wisconsin

Marcus & Millichap Arranges Sale of Western Wisconsin Multifamily Property Portfolio

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of a three-property, 29-unit multifamily property portfolio located in Platteville, a community...
B-Side Apartments

JLL Facilitates Sale for 147-unit B-Side Apartments in South Minneapolis

JLL Capital Markets announced that it has closed the sale of B-Side Apartments, a 147-unit, transit-oriented multifamily community in Minneapolis, Minnesota. JLL represented the seller, Saturday Properties, and procured the buyer, Turner Impact Capital, a...
Urby

Journal Square Urby Now Leasing in Jersey City

Urby has officially opened leasing at Journal Square Urby, introducing 317 brand new apartments to one of Jersey City’s most dynamic neighborhoods. The handsome 25-story tower, located at Pavonia and Summit Avenues, directly across from...
North Point Apartments

Marcus & Millichap Capital Corporation Arranges $9M in Financing for Memphis Multifamily Portfolio Including...

Marcus & Millichap Capital Corporation (MMCC), a leading provider of commercial real estate capital markets financing solutions, arranged $8,965,000 for the refinancing of North Point Apartments, located at 3201 Thomas Street and Grand Oak...
Copper Way

Evergreen Impact Housing Fund and Inland Group Announce Opening of Affordable Housing Apartments Copper...

The Evergreen Impact Housing Fund (EIHF) is pleased to announce the opening of its third project, Copper Way in Spanaway, Washington. The development brings more than 250 affordable housing units to the South Sound...
Alvista Harmony

Green Leaf Partners Management Buys 280-Unit Colorado Multifamily Property Alvista Harmony

Alvista Harmony, a 280-unit garden community in Fort Collins, Colorado was acquired by Green Leaf Partners Management, Inc. It was sold by an affiliate of Phoenix Realty Group and a joint venture partner. Located at...
Yield PRO