Saturday, May 31, 2025

Deal boom

Apartment deals, mergers and acquisitions

Tempo at White Oak

Developer Marquette Companies Welcomes First Residents to Tempo at White Oak Apartments in Houston

Multifamily developer Marquette Companies is welcoming its first residents to Tempo at White Oak, a new 304-unit luxury apartment building anchoring the emerging mixed-use White Oak District in Houston’s Woodland Heights neighborhood. Situated across from...
Opus

BWE Secures $220M for Opus Luxury Apartments in Los Angeles’ Koreatown

BWE, a national commercial and multifamily mortgage banking company, announced that it has secured a total of $220M in loans for Opus, a newly constructed 428-unit luxury apartment in the renowned Koreatown neighborhood in...
Central Avenue

Interra Realty Brokers $2.55M Sale of 24-Unit Mixed-Use Building on Central Avenue in Chicago...

Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the $2.55 million sale of 2300-2312 S. Central Avenue, a 24-unit mixed-use building in Cicero, Illinois. Interra Director Michael Duckler, Managing Partner...
Ten Communities

​UMH Properties INC. Announces Completion of Addition of Ten Communities to Fannie Mea Credit...

UMH Properties, Inc. (NYSE: UMH) (TASE: UMH) announced that on May 15, 2025 it completed the addition of ten communities containing 2,001 sites, to its Fannie Mae credit facility through Wells Fargo Bank, N.A.,...
The Mira

Dominium Acquires Land for the Development of The Mira to Provide 300 Affordable Apartment...

Dominium, a leading affordable housing owner, developer and manager announced that it has acquired land in Apopka, Florida for the development of The Mira. This new community will provide 300 income- and rent- restricted...
innovative

Entrata Receives $200M Investment from Blackstone to Serve the Rental Housing Industry Through Innovative...

Entrata, a leading operating system for multifamily communities announced a $200 million minority investment from funds managed by Blackstone ("Blackstone") at a $4.3 billion valuation. This investment comes as Entrata is moving forward on...
Parkmerced

Douglas Wilson Companies Begins Overseeing Parkmerced with $70M Investment to Stabilize the Neglected Community

Douglas Wilson Companies (DWC), the court-appointed receiver of Parkmerced, the 3,221-unit community located in the southwest corner of San Francisco, has taken control of the property from the owner who defaulted on its $1.8B...
Madison Fountains

Madison Communities Opens Madison Fountains, a 276-Unit Apartment Community in St. Johns County, Florida

Madison Communities, a fully integrated multifamily developer and operator, has completed Madison Fountains, a 276-unit apartment community in St. Johns County, Florida. Located at 75 Teigan Trail, just minutes from Jacksonville's St. Johns Town Center,...
Middle River Place

Marcus & Millichap Brokers Sale of Vacant Multifamily Property Middle River Place in Fort...

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the $1,850,000 sale of Middle River Place, an eight-unit multifamily property in Fort Lauderdale,...
Verge

29th Street Development Announces Pre-Leasing at Verge, Premier Build-to-Rent Community in Apache Junction

29th Street Development, a leading innovator in residential community development, is pleased to announce that Verge, its newest build-for-rent community in Apache Junction, Arizona is now accepting new-resident applications. Pre-leasing began May 15, 2025. Located...
Navona

Joint Venture Announces the Grand Opening of New Luxury Apartment Community Navona in Mesa...

Toll Brothers Apartment Living®, the rental subsidiary of Toll Brothers, Inc. (NYSE: TOL), the nation's leading builder of luxury homes, in partnership with Canyon Partners Real Estate, announces the grand opening of Navona, a...
280 Bergen Street

SCALE Lending Issues $166M Construction Loan for Brooklyn Multifamily Development at 280 Bergen Street

SCALE Lending, the debt financing arm of Slate Property Group, announced that it has finalized a $166 million construction loan for the development of a 367-unit multifamily project located at 280 Bergen Street in...
Parkside 5

Walker & Dunlop Arranges $22M Equity for Chicago Community Parkside 5

Walker & Dunlop, Inc. is celebrating the ground breaking of Parkside 5, the fifth and final phase of the Parkside at Old Town development, a 99-unit community located on the former Cabrini-Green public housing...
Crossroads 389

Sparrow Management Named Property Manager at Crossroads 389 in Downtown Hackensack

Cannon Hill Capital Partners and The Hampshire Companies, as co-developers and owners, have selected Sparrow Management as the new property manager at Crossroads 389, an 82-unit Class A multifamily project with ground-floor retail located...
Santa Fe Ranch Apartments

Walker & Dunlop Arranges $87M Financing for La Costa’s Largest Community, Santa Fe Ranch...

Walker & Dunlop, Inc. announced that it arranged the $87.2 million acquisition financing for Santa Fe Ranch Apartments, a 320-unit garden-style conventional multifamily property in the coastal submarket of La Costa, California. Walker & Dunlop...
Yield PRO