Monday, May 6, 2024

Deal boom

Apartment deals, mergers and acquisitions

Ceremonial grand reopening of the Courtyard at Riverview apartments

Executives from The Michaels Organization, The Philadelphia Housing Authority (PHA), and elected city officials gathered with residents of the Courtyard at Riverview apartment community on Friday, Oct. 26, to celebrate the completion of extensive...
The Helmsman

The Opus Group Announces Completion The Helmsman Apartments in Savannah Georgia

The Opus Group® announced the completion of The Helmsman, a five-story, boutique-style luxury apartment community in downtown Savannah near Savannah College of Art and Design (SCAD). The Helmsman borders Savannah’s historic district and is within...
Terramonte at Foothill

Institutional Property Advisors Closes Inland Empire Multifamily Asset Sale

Institutional Property Advisors, a division of Marcus & Millichap, announced the sale of Terramonte at Foothill, a 138-unit apartment property in Pomona, California. The asset sold for $35.5 million, or $257,246 per unit. “Constructed in...
Juniper Square

Dominium Secures Funds for 600 Glendale Affordable Housing Units, Juniper Square and 67 Flats

Dominium has rounded up the money to build two Glendale apartment communities. Merchants Capital has secured more than $86.2 million in Freddie Mac 4% Low-Income Housing Tax Credit (LIHTC) Tax-Exempt Loan (TEL) Forwards for...
Verona Court

North Phoenix multifamily asset sold by Institutional Property Advisors

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Verona Court, a 141-unit apartment complex in Phoenix, Arizona. The property sold for $20 million, which equates to $141,844 per...
Broadstone Olivine

Connor Group Acquires 326-Unit Broadstone Olivine Apartments in Denver for $100M

Adding to its multifamily properties in the Denver area, the Connor Group purchased a Littleton community for $100 million. The Connor Group bought its first multifamily property, Broadstone Olivine, in the Denver area in...
Carrington Court

Cushman & Wakefield arranges sale on behalf of White Oak Partners

Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of Carrington Chase and Carrington Court, two apartment communities located in Atlanta’s Gwinnett County, one of the fastest growing...

Two-building mixed-use portfolio in New York’s East Midtown fetches $41.5 million

JLL Capital Markets has announced the $41.5 million sale of 959-961 Second Ave. and 246 East 46th St., a 105-unit, two-building portfolio in the East Midtown neighborhood of New York City. JLL arranged the sale...
923 Bedford Ave in Brooklyn, New York

Marcus & Millichap Brokers $3.35M Sale of Brooklyn Multifamily Property

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of a multifamily apartment building at 923 Bedford Ave in Brooklyn, New...
The Park at Rialto

Sale and financing secured for San Antonio apartment complex

JLL Capital Markets announced that it has closed the sale of and arranged acquisition financing for the Park at Rialto, a newly constructed, 274-unit, garden-style multihousing community built by GenCap Partners, Inc. in the...
Hamlet Cove Apartments

Cushman & Wakefield represents DLS Partners in $13 million sale

Cushman & Wakefield announced that Executive Directors Nick Meoli and Mike Donaldson have represented DLS Partners in its disposition of Hamlet Cove, a multifamily community in Gainesville, Florida. Greenberg Apartment Communities acquired the asset...
Cordillera Luxury Condominiums

ABI Multifamily brokers 84 of 272 total unit Northeast Phoenix luxury condominium community for...

ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $18 million / $214,286 Per Unit / $186.78 Per SF sale of Cordillera Luxury Condominiums,...

Kiser Group brokers three West Ridge apartment buildings for $6.5 million

Kiser Group, Chicago’s leading multifamily brokerage firm, recently brokered three West Ridge apartment buildings in separate transactions. 6300 N. Leavitt sold for $3,000,000, 6515 N. Seeley sold for $2,650,000, and 2737 W. Glenlake sold...
The Gilbert

Seattle mixed-use asset sale brokered by Institutional Property Advisors

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced today the sale of The Gilbert, a 54-unit apartment community with approximately 10,577 square feet of fully leased retail in Seattle’s Upper Queen...

HFF announces joint venture equity for 2 adjacent apartment communities in Dallas

Holliday Fenoglio Fowler, L.P. (“HFF”) announces a joint venture equity raise for the acquisition of two adjacent apartment communities in Dallas, Texas, totaling 712 units – Emory at Horizon North and Ashmore at Horizon...
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