Deal boom

CBRE arranged the sale of a 12-unit multifamily property, Ebtide, in Costa Mesa for $5.75 million to a private investor. The selling price represents $753 per square foot and over $479,000 per unit. It...

Set to open this summer, Stella at Five Points, a four-story, 325-unit mixed-use building, is the first development of its kind in Huntsville, Alabama’s Five Points neighborhood. Zac Gibbs, executive vice president of development at...

NeighborWorks Capital, a national non-profit Community Development Financial Institution (CDFI), has partnered with National Equity Fund (NEF), a leading non-profit multifamily, affordable, real estate investment manager, to launch the NeighborWorks Capital Equity Fund. "The idea...

Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale and financing of The Edge at Donaghey, a 120-unit and 432-bed apartment community located at 530 S Donaghey Avenue...

Stuart Oswald, senior vice president/managing director of Northmarq’s Seattle office arranged the $35 million refinance of The Lodge at Mallard's Landing. The Lodge at Mallard's Landing is a 147-unit private pay independent living, assisted living...

Empire Group of Companies announces the beginning of vertical construction at Village at San Tan, located on the Southeast corner of Gantzel Road and Combs Road in San Tan Valley, Arizona. “Due to a variety...

GW Real Estate Partners, a vertically integrated multifamily construction and development firm, along with joint venture partner Griffin Capital, announce the financing and construction of The Arrowood Charlottesville, a new Class A apartment community...

Decron Properties has acquired Hangar at Thunderbird, a 266-unit gated luxury multifamily community located in Glendale, Arizona for $69 million. Decron acquired Hangar at Thunderbird for $260,000 a unit, far below the average cost of...

Daniel Management Group, a Chicago-based real estate firm focused on multifamily investment and management, announces new management of Aloft at the Glen Town Center in Glenview, Illinois. “Aloft at the Glen Town Center is an...

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of a 109,157-square-foot portfolio of four buildings located on 140th Street in...

Wingspan Development Group, a national development firm, announced the sale of Sixteen30, a Class A apartment community of 284 units it developed in Plainfield, Illinois, about 40 miles southwest of Chicago. Menomonee Falls, Wis.-based...

MassHousing announced that residents living at the 432-unit Westminster Village Arms in Lowell will have their affordable rents preserved for the long term and see approximately $20 million in property improvements as a result...

Red Oak Capital Holdings, LLC has provided $6.3 million to refinance Laura Street Trio, a collection of assets in the core of Downtown Jacksonville, Florida. The structures, considered to be among the most significant and...

The Frankel Family Trust – a privately-owned, multifamily property developer and owner – came together with Gilbert Mayor Brigette Peterson as well as general contractor CHASSE Building Team and other community and business leaders...

Trilogy Investment Company, a leader in Build-To-Rent (BTR) community development, announces that land development at Rêve at Avondale Station in Avondale, Arizona, is underway. The 107-home BTR community, developed in collaboration with Pinnacle Partners, is...