Universe Holdings acquires three-property multifamily portfolio in Granada Hills for $25.5 million
Universe Holdings has acquired a 122-unit multifamily portfolio in Granada Hills, CA for $25.5 million. The purchase of the 56-unit Boardwalk and Park Place Apartments, the 38-unit Devonshire Apartments and the 28-unit Granada Pine Apartments...
Franklin Street brokers $21 million sale of Northridge Apartments in Saint Petersburg, Florida
Franklin Street brokered the sale of the Northridge Apartments, a 203- unit rental community located in the city of Saint Petersburg, Florida. Franklin Street’s Tampa multifamily team, Kevin Kelleher, Darron Kattan and Zach Ames represented the...
Central Coast California multifamily asset sells for $25.25 million
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of Del Sol Apartments, a three-parcel, 121-unit apartment community in Seaside,...
Aspen’s largest apartment complex trades hands in Colorado
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Centennial Aspen Apartments, a 149-unit, three-story multifamily property in Aspen, Colorado....
Interra Realty brokers $4.05 million off-market sale of apartment building in Chicago’s Lakeview Neighborhood
Interra Realty, a Chicago-based commercial real estate investment services firm, today announced it brokered the off-market sale of 1478-80 W. Byron St., a 16-unit apartment building in Chicago’s Lakeview neighborhood, for $4.05 million, or...
Mesa West Capital originates $33.5 million loan for acquisition of Austin, Texas apartment community
Mesa West Capital has provided Austin, TX-based real estate investment firm Wildhorn Capital with $33.5 million in short-term, first mortgage debt for the acquisition of a 284-unit multifamily community in Austin, TX. The five-year, floating...
Greater Los Angeles multifamily asset sold by Institutional Property Advisors
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of South Hills Apartments, an 85-unit apartment property in West Covina, California. The $31.95 million sales price equates to $375,882 per...
JLL arranges $18.85 million loan for Denver apartment project
JLL Capital Markets announced that it has arranged $18.85 million in financing for the development of Bloom at Cherry Creek, a 111-unit, Class A mid-rise apartment property currently under construction in Denver’s Cherry Creek...
Gebroe-Hammer Associates arranges two Plainfield NJ multifamily sales totaling 97 units for $15.23 million
In the city-on-the-rise of Plainfield, N.J., Gebroe-Hammer Associates has arranged two separate multifamily transactions totaling 97 units sold for a combined $15.23M. The sales of Stoney Brook Gardens at 643-715 E. Front St., and...
Interra Realty brokers $4 million sale of mixed-use asset in Chicago’s Old Town Triangle
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the $4 million sale of 1935-43 N. Sedgwick St., a mixed-use property in Chicago’s Old Town Triangle historic district. The property,...
$20.1 million buys Los Angeles county multifamily investment asset
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Seville Apartments, a 77-unit multifamily investment property in Whittier, California. The...
Universe Holdings acquires 110-unit apartment community in San Diego for $34.45 million
Universe Holdings has acquired Serena Vista, a 110-unit apartment community in the prime San Diego submarket of La Mesa for $34.45 million. With the acquisition of Serena Vista, located at 5810 Amaya Drive, Universe increases...
Avison Young completes $68 million off-market sale of Arte, a 182-unit luxury apartment community...
Avison Young announced it has completed the off-market, $68 million sale of Arte, a 182-unit, luxury apartment community located at 10130 Foothill Boulevard in Rancho Cucamonga, CA. Avison Young’s Peter Hauser, Matt Hauser and Masa...
JLL closes sale of Los Angeles apartment community
JLL Capital Markets announced that it has closed the sale of One Santa Fe, a 438-unit, mixed-use, core-plus apartment community located in the Arts District of Los Angeles. JLL marketed the property on behalf of...
JLL arranges $17.5 million loan for New Jersey apartment development
JLL Capital Markets announced that it has arranged $17.5 million in financing for the development of The Rail @ Red Bank, a 57-unit, Class A apartment project in Red Bank, Monmouth County, New Jersey. JLL...
