Gebroe-Hammer Associates arranges $25.5+ million sale of Class A multifamily portfolio concentrated in Woodbridge...
Gebroe-Hammer Associates has arranged the $25.5+M sale of a Class A multifamily portfolio involving 87 luxury apartment-home and townhome rental units, the majority of which are concentrated in Woodbridge Township’s Avenel and Colonia neigborhoods....
Phoenix metro multifamily complex sale brokered by Institutional Property Advisors
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of MetroPointe Apartments, a 415-unit multifamily property in Tempe, Arizona. The asset sold for $96.75 million, which equates to $233,133 per...
Institutional Property Advisors brokers Central Dallas-Fort Worth apartment complex sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of The Destino, a 192-unit apartment property in Grand Prairie, Texas.
“Dallas-Fort Worth, the nation’s fourth-largest metropolitan area, offers competitive advantages for...
Capitol Hill multifamily property close to light rail station sells for redevelopment
A multifamily property located at 228 11th Avenue East in Capitol Hill has been sold to a private developer for $3,300,000 ($430 per land square foot). The seller, Tobin Properties, was represented in the...
Cushman & Wakefield arranges $101.25 million sale on behalf of Amzak Capital Management and...
Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of a five-property portfolio totaling 1,011 apartment units located in Orlando and Tampa. The final sale price was $101.25...
Upper East Side multihousing development site sells for $32.325 million
JLL Capital Markets announced that it has completed the $32.325M sale of 1303-1309 Third Ave., a premier corner development site on New York City’s Upper East Side.
JLL worked on behalf of the seller Gastonia,...
The Kanner Group completes $15.525 million sale of The Galaxy Apartments, a 95-unit multifamily...
Matthew Kanner, President of The Kanner Group of KW Commercial, is pleased to announce he has completed the $15.525 million sale of The Galaxy Apartments, a 95-unit multifamily property located at 835 W. Rosecrans...
Cushman & Wakefield arranges $32.7 million multifamily sale
Cushman & Wakefield announced that the commercial real estate services firm has arranged the $32.7 million sale of The Park at Wakefield & Wellington, a 408-unit apartment community located in Birmingham, Alabama.
Jimmy Adams and...
Trez Capital’s equity investments partnership program completes sale of project in Desoto, Texas
Trez Capital is pleased to announce the sale of The Beacon on Westmoreland, in Desoto, Texas. The Beacon at Westmoreland was built in partnership with Thompson Realty Capital, LLC on a 10.41-acre tract of...
Colliers facilitates sale of 25-unit apartment community in San Leandro for $6.8 million
Leading diversified professional services and investment management company Colliers recently facilitated the sale of a 25-unit multifamily property called Foothill Terrace in San Leandro. Colliers’ Senior Vice President Rich Martini procured the buyer and...
Miami area multihousing community trades
JLL Capital Markets announced that it has closed the sale of Lago Paradiso at the Hammocks, a 424-unit, garden-style multihousing community in the suburban neighborhood of Kendall in Miami-Dade, Florida.
JLL marketed the property on...
Passco Companies enters Baton Rouge with two best-in-market luxury multifamily acquisitions
Passco Companies, a privately held California-based commercial real estate company that specializes in real estate acquisition, development, and asset management throughout the U.S., has acquired two best-in-market luxury multifamily assets spanning 552 units in...
Tower 16 Capital Partners acquires a 160-unit multifamily property in Phoenix for $30.4 million
San Diego-based Tower 16 Capital Partners has acquired Park 67 Apartments, a 160-unit multifamily property located in Glendale, Ariz., for $30.4 million. The Park 67 Apartments project was built in 1973 and was acquired...
JLL arranges $318.45 million financing for six-property multihousing portfolio
JLL’s Capital Markets group announced that it secured a $318.45 million acquisition loan for a six-property, 1,494-unit multihousing portfolio located across Maryland, Virginia and Alabama.
JLL represented the borrower, Carter Multifamily, to secure the floating-rate,...
Stepp Commercial completes $4.375 million sale of a 13-unit apartment property in Eastside Long...
Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $4.375 million sale of a 13-unit apartment property located at 907-927 Grand Avenue in the Eastside submarket of Long...