HUBBARD221 in Chicago’s River North reaches 65 percent leased milestone in 5 months
Chicago-based Hubbard Street Group and co-developer Centrum Realty and Development today announced that HUBBARD221, a 195-unit luxury rental tower in Chicago’s River North neighborhood, is now 65 percent leased just five months after opening.
Located...
Thayer Manca Residential continues to grow Washington portfolio
Thayer Manca Residential (TMR) continues to expand its multifamily portfolio in Washington with their newest acquisition. TMR has acquired Big Trout Lodge, a 297-unit property, in Lake Liberty, WA. Big Trout Lodge is the...
Levin Johnston directs sale of transit-oriented multifamily property in downtown San Jose
Levin Johnston, a division of Marcus & Millichap and one of the top ten multifamily brokerage teams in the U.S., has directed the $12.5 million sale of First Street Manor, a 39-unit multifamily community...
All-cash multifamily sale in San Diego’s Little Italy
Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of Villa Cusma, a 40-unit luxury apartment complex with one retail...
HFF announces $41.05M sale of 4-property multihousing portfolio in Sonoma County, California
HFF announces the $41.05 million sale of a four-property multi-housing portfolio totaling 201 units in the Sonoma County community of Rohnert Park, California.
The HFF team marketed the property on behalf of a private investor,...
TruAmerica Multifamily expands into Georgia with two separate apartment buys in Atlanta for a...
TruAmerica Multifamily in partnership with Tokyu Land US Corporation has made its first investments in Georgia acquiring two Atlanta apartment communities in separate transactions totaling $127.35 million.
Since entering the Southeast property markets in 2016,...
CONTI acquires latest North Texas multifamily property
CONTI Organization, one of North Texas’ largest private multifamily property owners, has acquired Dawntree Apartments, a 400-unit, garden-style apartment complex located at 1834 E. Peters Colony Road in Carrollton, Texas. The complex, which consists of...
San Marquis Apartments in Tempe sell for $58.5 million
CBRE arranged the sale of the 224-unit multifamily community San Marquis on behalf of a venture between Sequoia Equities and Mark-Taylor Residential to Acacia Capital Corporation for $58.5 million.
CBRE’s Tyler Anderson, Sean Cunningham, Asher...
Stepp Commercial completes $1.86 million sale of a value add 11-unit apartment property in...
Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the approximately $1.86 million sale of a value add 11-unit apartment property located at 2121 Long Beach Blvd. in the...
Franklin Street closes $41.875 million multifamily sale in Lenox Park submarket of Atlanta
Franklin Street has arranged the $41.875 million sale of the 335-unit Lenox apartment portfolio, located along Lenox Road NE and Woodland Avenue near the Morningside-Lenox Park neighborhood of Atlanta, Ga.
Jake Reid, Chad DeFoor, and...
Trion Properties stays active in the East Bay with acquisition of 89-unit Hayward, California...
Trion Properties, a private equity real estate firm that specializes in value-add multifamily investments in niche western markets, has acquired Villa Morada Apartments, an 89-unit multifamily community in Hayward, California, for $25 million.
The acquisition...
Kiser Group brokers record-breaking $18.4 million South Shore apartment portfolio
Kiser Group, Chicago’s leading multifamily brokerage firm, recently brokered 7500 S. South Shore, 6916 S. Clyde and 7038 S. Chappel as a 208-unit apartment portfolio. The apartments sold for $18,400,000 and are located in...
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...
McShane completes Parc at Pooler Luxury apartments near Savannah, Georgia
McShane Construction Company completed the construction of a new luxury apartment community, known as Parc at Pooler, on behalf of Equity Resources, LLC. Located on 21 acres at 2200 Old Quacco Road in Pooler,...
Stonebridge acquires 264-unit Charlotte, NC apartment community for $40.7 million
StoneBridge Investments of Washington, DC, has acquired Magnolia Terrace, a 264-unit rental apartment community in fast-growing Charlotte, NC for $40.7 million. The seller, Atlanta-based RADCO Companies, was represented by Jordan McCarley and Brooks Colquitt...
