TMG Partners and Invesco Real Estate acquire 600 Battery Street in San Francisco
TMG Partners (TMG), one of the Bay Area’s largest mixed-use property developers, and Invesco Real Estate, a global real estate investment manager, announce the acquisition of 600 Battery Street, an approximately 120,000-square-foot historic building...
Draper and Kramer Announces Acquisition of Griffis at Riata in Austin, Texas
Draper and Kramer, a national real estate services firm, today announced the acquisition of Griffis at Riata, a 307-unit multifamily property at 5705 Diehl Trail in Austin, Texas. Completed in 2017, the rental community...
Interra Realty Brokers $13.7 million deconversion sale near Wrigley Field
Interra Realty, a Chicago-based commercial real estate investment services firm, today announced it brokered the $13.7 million deconversion sale of 3264-70 N. Clark St., a mixed-use building in Chicago’s Lakeview neighborhood. The buyer, Chicago-based...
Evergreen Real Estate Group celebrates first move-ins at Northtown Apartments, bringing co-located affordable senior...
Evergreen Real Estate Group today announced the first residents have moved into Northtown Apartments, a 44-unit affordable senior housing community connected to and developed simultaneously with the new Northtown Public Library in Chicago’s West...
TruAmerica Multifamily acquires Phoenix apartment community for $45.4 million
TruAmerica Multifamily, owner and operator of more than 3,000 multifamily units in the Phoenix metro, has acquired Rise on Peoria, a 164-unit garden-style apartment community for $45.4 million.
The property constitutes a compelling value-add opportunity...
Marcus & Millichap Sells 19-Acre Palm Coast Land for $6.25 Million
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of 19 Acres on Whiteview Parkway in Palm Coast, Florida. The property...
Trion Properties completes its first ground-up development: A tech-forward multifamily community in Culver City,...
Trion Properties, a private equity real estate firm that specializes in multifamily investments in western markets, announced that it has completed its first ground-up development project: a multifamily community with numerous tech amenities in...
Invictus secures $27.5 million for 812-814 Amsterdam Ave. on New York City’s Upper West...
JLL Capital Markets announced that it has secured $27.5 million in financing for 812-814 Amsterdam Ave., a newly constructed 44-unit, 15-story, mixed-use property on the Upper West Side of Manhattan.
JLL represented the borrower, Invictus...
100-unit Summit on Thomas Apartments in Phoenix sell for $21 million
The Summit on Thomas apartments in Phoenix have been sold to Cowabunga, LLC for $21 million. Cowabunga is a private capital family office focused on the acquisition of urban infill sustainable communities throughout Phoenix....
MassHousing Provides $14.5 Million for the 76-Unit Farnsworth House for Low-Income Seniors in Boston
MassHousing, working with Rogerson Communities, has closed on $14.5 million in affordable housing financing to Charles H. Farnsworth Senior Housing Corporation, owner and developer of the 76-unit Farnsworth House for older adults in Boston,...
Suburban Chicago corridor multifamily asset sale completed by Marcus & Millichap
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Aspen Ridge, a 253-unit multifamily asset in West Chicago, Illinois.
“Many suburban...
Joint venture of PCCP, LLC and CARROLL acquires Berkshires at Lenox Park, a 375-unit...
A joint venture of PCCP, LLC and CARROLL has acquired Berkshires at Lenox Park, a 375-unit multifamily community that will be rebranded as ARIUM Lenox Park. The property is located at 2124 Gables Drive...
Construction of 289-unit apartment community at The Junction gets underway with DeBary and West...
An enthusiastic group of DeBary and West Volusia community leaders joined the staffs of Charles Wayne Properties and Integra Land Company earlier this month to officially break ground on Integra 289 Exchange at The...
$60 million in financing secured for a multihousing development in Miami
JLL Capital Markets announced that it has arranged $60 million in construction financing for The Kavista, a 282-unit, eight-story multihousing development located in the El Portal neighborhood of Miami, Florida.
JLL worked on behalf of...
Marcus & Millichap brokers the sale of an 82-unit apartment complex in Tallahassee for...
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Villa San Michele, a 118,508-square-foot, 82-unit student housing property located in...
