Deal boom

Apartment deals, mergers and acquisitions

Riverside

Institutional Property Advisors negotiates Tempe Arizona multifamily asset sale

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Riverside, a 164-unit apartment property in Tempe, Arizona. The asset sold for $46 million. “One of the few value-add multifamily assets...
Hillcroft Village

Institutional Property Advisors closes Fairfield County Connecticut multifamily sale

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Hillcroft Village, a 192-unit apartment complex in Danbury, Connecticut. “Hillcroft Village is a proven value-add opportunity asset with large, well-designed apartment...
Sunstone Village

Livingston Street Capital expands Texas footprint with acquisition of active adult portfolio totaling more...

An affiliate of Livingston Street Capital, a boutique private equity firm focused on commercial real estate investments throughout the U.S., has acquired a portfolio comprising two Active Adult (55+) multifamily communities totaling 402 units...
One Boerum Place

Avery Hall’s One Boerum Place recapitalized for $176.45 million

JLL Capital Markets announced that it has arranged senior and mezzanine financing in the amount of $176.45 million for the recapitalization of One Boerum Place, a 138-unit multihousing property with ground-floor retail in Downtown...
Abode Townhomes

PCCP, LLC and Abode Communities, LLC form joint venture to develop build-to-rent communities in...

PCCP, LLC announced that it has formed a joint venture with Abode Communities, LLC for the ground-up construction of three build-to-rent (BTR) communities in the heart of Raleigh, North Carolina. These infill, Class A,...
225 North Calvert Street

Baltimore Class A multihousing community trades

JLL Capital Markets announced that it has closed the sale of 225 North Calvert St., a 347-unit, Class A multihousing community with ground-floor retail in the Inner Harbor District of Baltimore, Maryland. JLL marketed the...
Crescent Commons

Trion Properties enters Southeast market with acquisition of 288-unit multifamily community in Fayetteville, North...

Trion Properties, a private equity real estate firm based in West Hollywood, California and Miami, Florida specializing in multifamily investments, has entered the Southeast market with the acquisition of Crescent Commons, a 288-unit multifamily...
150 and 154 Belmont Ave

Gebroe-Hammer Associates’ Niko Nicolaou arranges $21.45 million Jersey City multifamily portfolio sale

In New Jersey’s second largest municipality of Jersey City, Gebroe-Hammer Associates’ Executive Vice President Niko Nicolaou has arranged the $21.45M sale of a 134-unit multifamily portfolio spanning three of the city’s 13 constituent neighborhoods....
Kuehn’s Way

MassHousing commits $3.8 million in financing for new affordable and workforce housing on Martha’s...

MassHousing has committed $3.8 million in affordable and workforce housing financing to the non-profit Island Housing Trust (IHT) for the development of Kuehn’s Way in West Tisbury, a 20-unit rental community for lower- and...
1808 Aldrich Street

Knighthead Funding provides $59.5 million for mixed-use condominium development in Austin, Texas

Knighthead Funding LLC (Knighthead) has provided a joint venture between Austin-based developer Pearlstone Partners (Pearlstone) and New York City based ATCO with $59.5 million in financing for the construction of a mixed-use condominium development...
Stadium Place

DLP Capital acquires 200-unit multifamily in Jonesboro, Arkansas

DLP Capital, a private financial services and real estate investment firm, announces the acquisition of Stadium Place, a 200-unit multifamily property, located in Jonesboro, Arkansas. The addition of the community, which will be renamed...
Rio Vista

Marcus & Millichap completes multifamily asset sale in Dallas/Fort Worth Metroplex

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Rio Vista, a 246-unit apartment asset in the northeast suburbs of...
Madison at Town Center

Institutional Property Advisors closes $62 million multifamily asset sale in Santa Clarita Valley

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of The Madison at Town Center, a 130-unit apartment complex in Valencia, California. The asset traded for $62 million, or $476,923...
Campo Felice

Westside Capital Group acquires a second high-rise waterfront residential tower in Fort Myers

Westside Capital Group, a real estate investment holding firm based in Miami, announced the acquisition of Campo Felice, a 24-story residential tower with 323 apartment units located in the historic downtown of Fort Myers,...
17 South Apartments

West Shore expands into Charleston market with acquisition of premier multifamily asset

West Shore LLC, a multifamily real estate investment firm, has purchased 17 South Apartments in Charleston, South Carolina. Ramping up a strategic expansion effort, 17 South Apartments is the firm’s first investment in Charleston...
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