Tuesday, May 6, 2025

Deal boom

Apartment deals, mergers and acquisitions

Pines of Perinton

WinnCompanies secures funding for $137 million rehab of the historic Pines of Perinton affordable...

WinnCompanies, an award-winning national developer and manager of affordable, mixed-income and market rate apartment communities, today announced it has secured the funding for a comprehensive, $137 million rehabilitation of the Pines of Perinton in...
Birch Commons

The Mogharebi Group achieves more than $300,000 per door on Fresno, California multifamily community...

The Mogharebi Group (TMG) has arranged the $14.75 million sale of Birch Commons, a 49-unit multifamily property in Fresno, California. Located on 4.77 acres at 1850 E. Birch Avenue, Birch Commons is a townhome-style apartment...
Ascent at Jones Valley

Berkadia arranges $37 million refinance of apartment community in Huntsville, Alabama

Berkadia announces it has arranged a $37 million loan to refinance Ascent at Jones Valley, a 431-unit apartment and townhome community in Huntsville, Alabama. Senior Managing Director Charles Foschini, Managing Director Christopher Apone and...
Traverse Apartments

Class A apartment community in Lakewood secures fixed-rate permanent financing

JLL Capital Markets announced that it has arranged fixed-rate refinancing for Traverse Apartments, a newly constructed, Class A, 281-unit, luxury apartment community located within the Denver metro in Lakewood, Colorado. JLL worked on behalf of...
GroveParc Townhomes

JLL arranges sale of 190-unit build-to-rent development site in Tampa MSA

JLL Capital Markets announced that it closed on the sale of GroveParc Townhomes, a 48.08-acre, build-to-rent development site located in Wesley Chapel, Florida (Tampa MSA). With site work complete, the development is approved for...
Flamingo Park Apartments

Marcus & Millichap arrange the sale of a West Palm Beach boutique apartment community...

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Flamingo Park Apartments, a 16-unit boutique apartment community located in West...
Arte

Sunrise Management adds high-end Southern California multifamily communities to portfolio

Expanding its California portfolio, San Diego-based Sunrise Management has taken over day-to-day management of Arte West, a 228-unit, four-story luxury community in Santa Ana, Calif., and Arte, a high-end 182-unit apartment community on 4.4...
Infinity at the Colony

Financing secured for Infinity at The Colony condominiums in Bonita Springs, Florida

JLL Capital Markets announced that it has closed the construction financing for Infinity at the Colony, a 96-unit, luxury, high-rise condominium development located within The Colony Golf & Bay Country Club in Bonita Springs,...
Eliza

80-unit apartment portfolio sells for $20,000,000 in Vancouver, Washington

Kidder Mathews is pleased to announce the sale of an 80-unit apartment portfolio in Vancouver, Washington for $20,000,000. The portfolio comprises three buildings: Broadway (36 units), Hamilton (30 units), and Eliza (14 units). The...
The Broadmoor Retirement Community

The Multifamily Group facilitates the sale of The Broadmoor Retirement Community in Tulsa, Oklahoma

The Multifamily Group (TMG), a commercial real estate brokerage firm based in Dallas, has announced this week the sale of The Broadmoor Retirement Community, a 124-unit, 55+ independent living community in Tulsa, Oklahoma. Casey Litsey...
Scout off Sunset

Institutional Property Advisors closes Hollywood apartment asset sale

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Scout off Sunset, 136-unit apartment property in the Hollywood neighborhood of Los Angeles, California. “During our marketing and escrow period we...
Lincoln Park Plaza

Avanath Capital Management acquires 256-unit mixed-use, mixed-income multifamily community in Chicago for $119 million

Avanath Capital Management LLC, a multifamily owner and operator that primarily focuses on affordable and workforce housing, announces that it has acquired Lincoln Park Plaza, a 256-unit mixed-use, mixed-income multifamily community with ground-floor retail,...
13400 Northeast 175th Street

Institutional Property Advisors arranges $173 million in financing for three new mixed-use multifamily...

IPA Capital Markets (IPA), a division of Marcus & Millichap, specializing in capital markets services for major private and institutional clients, arranged $173 million in construction and related financing for three mixed-use multifamily projects...
Haven Warner Center

Institutional Property Advisors negotiates $54 million Los Angeles multifamily asset sale

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Haven Warner Center, a 205-unit multifamily asset in the Warner Center, a master-planned neighborhood and business hub in Los Angeles,...
Cambridge Estates

$18.239 million in financing secured for affordable multihousing community in Indiana

JLL Capital Markets announced that it has arranged the $18.239 million acquisition financing for Cambridge Estates, a 358-unit, garden-style affordable apartment community in Lafayette, Indiana. Approximately 41 percent of the units are covered by...
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