Deal boom

Apartment deals, mergers and acquisitions

1100 – 1110 S. Hobart Boulevard

Parkview Financial provides $16.6 million construction loan for development of 39-unit apartment community near...

Parkview Financial announced it has provided a $16.6 million construction loan to Los Angeles-based Janone Development, for the development of a six-story, 39-unit apartment project at 1100 – 1110 S. Hobart Boulevard in Los...
Novo Avondale

Cushman & Wakefield arranges sale on behalf of Shelton McNally Real Estate Partners

Cushman & Wakefield has arranged the sale of Novo Avondale, a 374-unit apartment community located in Decatur, Georgia. Mike Kemether, Tyler Averitt and Travis Presnell of Cushman & Wakefield represented the seller, Shelton McNally...

Stepp Commercial completes $14 million portfolio sale of 7 value-add apartment properties in Long...

Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $14 million portfolio sale of seven apartment assets totaling 60 units in Long Beach, California. Principal Robert Stepp and Senior...
Retreat at Water’s Edge

Oak Coast Properties acquires $54.5 million Retreat at Water’s Edge apartments in Denver, Colorado

Oak Coast Properties announced the $54.5 million acquisition of Retreat at Water’s Edge, a 252-unit apartment community located in Denver. The most recent transaction in the firm’s heightened multifamily investment activity, the acquisition also demonstrates...
Apex Orange Crossing, Orange NJ

PEEK Properties secures construction loan for Class A Opportunity Zone multifamily project in Orange,...

PEEK Properties (PEEK) has secured $9,750,000 in construction financing for the first of three new-construction Qualified Opportunity Zone (QOZ) multifamily properties in the City of Orange, N.J. PEEK, a commercial real estate investment, development...
Lois Landing

A 56-unit apartment building sold for $10 million by Marcus & Millichap

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Lois Landing, a 56-unit apartment property located in Tampa, Florida, according...
Woodhill

Cushman & Wakefield arranges $184.6 million in sales, acquisition on behalf of JEM Holdings

Cushman & Wakefield has arranged the $116.4 million sale of six properties totaling 1,378 units on behalf of JEM Holdings. Four of the properties are located in North Carolina, while two properties are located...
Heritage Park

Institutional Property Advisors brokers sale of 1980s-era multifamily asset in Texas

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Heritage Park, a 204-unit apartment asset in Arlington, Texas. “Previous ownership recently completed unit and community upgrades, leaving minimal deferred maintenance...
Trellis at the Lakes

Admiral Capital Group and ESG Kullen complete successful sale of Trellis at The Lakes...

Admiral Capital Group and ESG Kullen announced the successful sale of Trellis at the Lakes, a 688-unit multifamily property located in St. Petersburg, Florida, in the Tampa MSA. Admiral and ESG acquired the apartment community...
The Eddy at Riverview Landing

Cushman & Wakefield arranges $68.2 million sale of the Eddy at Riverview Landing to...

Cushman & Wakefield has arranged the $68.2 million sale of The Eddy at Riverview Landing, a 310-unit apartment community located in Smyrna, Georgia, part of Metro Atlanta. Robert Stickel, Alex Brown and Ashlyn Warren...
Rosemont Square

Waterton enters Greater Boston multifamily market with acquisition of 503-unit Rosemont Square in Randolph,...

Waterton, a national real estate investor and operator, announced it has acquired Rosemont Square at 2 Chestnut West in Randolph, MA. The 503-unit complex is situated within a 481-acre master-planned community and offers a...
Eagle Crest

Institutional Property Advisors closes $55 million Phoenix-area multifamily sale

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Eagle Crest, a 408-unit multifamily asset located near the Arrowhead Ranch master-planned community in Glendale, Arizona. The property sold for...
Fairways at San Marcos

Institutional Property Advisors completes $84.48 million multifamily sale in Greater Phoenix

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of The Fairways at San Marcos, a 352-unit apartment asset in Chandler, Arizona. The $84.48 million sales price equates to $240,000...
Broadway Chapter rendering

CRG launches $1.0 billion national residential development strategy

CRG, the real estate development and investment arm of Chicago-based Clayco, announced the launch of a new national residential development strategy that includes $1 billion in multifamily developments over the next two to three...
Tuscany Palms

CBRE announces sale of Tuscany Palms in Mesa, Arizona for $83 million to Tides...

CBRE arranged the sale of the 582-unit multifamily community Tuscany Palms in Mesa, Ariz. on behalf of a partnership between Investcorp and BH Equities to Tides Equities for $83 million. CBRE’s Tyler Anderson, Sean Cunningham,...
Do NOT follow this link or you will be banned from the site!