Berkadia arranges debt & equity recapitalization of Fort Lauderdale apartment community
Berkadia announces it has secured a senior lender and preferred equity provider for the $51.5 million refinancing of The Village at Eastpointe Apartments, a 296-unit apartment complex located in Fort Lauderdale, Florida. Managing Director...
Magma Equities and Macquarie Asset Management acquire 285-unit apartment community in Arlington, Texas
Magma Equities and a global real estate fund managed by Macquarie Asset Management has acquired Bardin Greene, a 285-unit garden style multifamily property in the Dallas-Fort Worth Metro city of Arlington, Texas from Moody...
Institutional Property Advisors brokers sale and arranges financing for Greater Phoenix multifamily asset
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale and financing of The Gallery, an 88-unit apartment asset in Tempe, Arizona. The property sold for $20.3 million, or $230,682 per...
ABI Multifamily brokers 46-unit Southwest Mesa apartment community for $10.85 million
ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $10,850,000 / $235,870 Per Unit / $294.85 Per SF sale of Stapley Place Apartments, a...
Thayer Manca Residential adds new property to Washington portfolio
Thayer Manca Residential (TMR) acquired Roosevelt Ridge, a 75-unit property, located in the Pinehurst neighborhood in Seattle, Wash. This is the sixth asset in TMR’s rapidly growing Washington portfolio, which also includes Capitol Heights...
JLL arranges $350 million capitalization for the construction of trophy residential tower in Long...
JLL’s Capital Markets group announced that it has arranged a $350 million debt and equity capitalization for the development of The Italic, a to-be-built, 363-unit, luxury mixed-use community located at 26-32 Jackson Ave. in...
Institutional Property Advisors closes sale and arranges financing for Phoenix multifamily asset
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale and financing of Spring, a 186-unit apartment asset in Phoenix, Arizona. The property traded for $42 million, or $225,806 per unit.
“Spring’s...
The Mogharebi Group closes on 142-unit multifamily community in Sacramento, California
The Mogharebi Group (TMG) has arranged the $15.75 million sale of Continental Terrace in South Sacramento, California. Senior Vice President Robin Kane and Vice President Brendan Kane represented the seller in the transaction, who...
Cushman & Wakefield arranges $26.6+ million sale of Grove at Temple Terrace in Tampa
Cushman & Wakefield announced that the commercial real estate services firm has arranged the $26,650,000 sale of the Grove at Temple Terrace, a 180-unit multifamily community located at 8741 Grove Terrace.
Nick Meoli and Mike...
Griffith Pepdjonovic Group arranges the $2.3 million sale of Kingswood Apartments in Foxborough
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of the Kingswood Apartments, a 15-unit multifamily offering located in Foxborough, Massachusetts,...
The Mogharebi Group completes sale of new 70-unit apartment community in San Bernardino
The Mogharebi Group (TMG) has arranged the $21.5 million sale of Loma Villas, a newly constructed 70-unit multifamily community in San Bernardino, Calif.
Located at 415 E. Commercial Rd. in the Inland Empire’s second largest...
Sale of multihousing community in the Twin Cities medical alley closes
JLL Capital Markets announced that it has closed the sale of Urbana Court, a 207-unit, multihousing community located in the heart of the Twin Cities medical alley in Brooklyn Park, Minnesota.
JLL worked on behalf...
Institutional Property Advisors brokers multifamily asset sale in Tacoma
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Caesars Luxury Apartments, a newly built, 131-unit multifamily property in Downtown Tacoma, Washington. The $35.35 million sales price equates to...
Institutional Property Advisors brokers apartment asset sale in Fort Worth
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of 4000 Hulen, a 240-unit apartment asset in Fort Worth, Texas.
“Built in 2015, the property performed exceptionally well over the past...
ECI Group announces sale of The Columns at Paxton Lane in Lilburn, Georgia
ECI Group (ECI) announces the sale of The Columns at Paxton Lane apartments at 4305 Paxton Lane in Southeast Gwinnett County to InterCapital Group for an undisclosed price. The 296-unit community was developed by...
