Thursday, April 25, 2024

Deal boom

Apartment deals, mergers and acquisitions

La Pat Courtyard Apartment

CBRE Arranges Sale of 30-Unit La Pat Courtyard Apartment Community in Westminster California

CBRE announced the sale of a 30-unit multifamily community La Pat Courtyard Apartments in Westminster, California to a private investor for $10,025,000. The transaction marked the city’s largest multifamily sale in the past 12...
BOLOUR

BOLOUR Provides Over $20M in Debt for Three-Site Southern California Retail Portfolio for 375...

Bolour Associates Inc. announced that it has provided over $20 million in debt financing for the redevelopment of three Southern California retail projects with North Carolina-based Grubb Properties. BOLOUR is a privately owned real estate...
Oakmont Apartments

JLL Arranged the Sale for Oakmont Apartments Near Minneapolis Minnesota

JLL Capital Markets announced that it closed the sale of Oakmont Apartments, a 48-unit multi-housing community located in Coon Rapids, Minnesota. On behalf of Gaughan Companies, JLL facilitated the sale of Oakmont as part of...
Hangar at Thunderbird

Institutional Property Advisors Brokers Sale and Arranges Financing for $69M Glendale Multifamily Asset Hangar...

Institutional Property Advisors, a division of Marcus & Millichap, announced the sale and financing of Hangar at Thunderbird, a 266-unit multifamily property in Glendale, Arizona. “Just one other market-rate multifamily asset with 100 units or more...
Sunshine Garden Apartments

Marcus & Millichap Facilitates $6.4M Sale of Sunshine Garden Apartments and Single-Family Home in...

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of a 34-unit multifamily building known as Sunshine Garden Apartments and neighboring...
Mosaic Apartments

Rise48 Equity Celebrates Milestone 50th Multifamily Acquisition with Mosaic Apartments in the Dallas MSA

Rise48 Equity, a leading multifamily investment group, announced the acquisition of Mosaic Apartments in the DFW area of Texas. Rise48 Equity has plans to revitalize Mosaic Apartments, soon to be rebranded Rise Fossil Creek, with...
Courtyard

Emerald Heights Welcomes First Residents to New Assisted Living Courtyard Building Near Bellevue Washington

Emerald Heights, a senior living community in Redmond, Washington, officially opened the doors to their newest addition, Courtyard, and started welcoming their first residents. The three-level Courtyard building offers six apartment designs including one-bedroom, one-bedroom...
Montego Square Apartments

Alliance Companies Breaks Ground and Secures Funding for 280-Unit Montego Square Apartments

Alliance Companies is moving forward with the development of their 280-unit Montego Square Apartments located at 4051 Winkler Avenue in Ft. Myers, Florida, following a loan closing on the $57.3 million construction project and...
Trailhead at Chisholm Trail Ranch

Willow Bridge Announces Trailhead at Chisholm Trail Ranch Apartments Now Pre-Leasing in South Fort...

Trailhead at Chisholm Trail Ranch, a 284-unit apartment community in South Fort Worth, is now pre-leasing. Developed by Aberg Property Company and Titan Development, Trailhead at Chisholm Trail Ranch is nestled within the 600-acre...
Englewood Senior

The Benoit Group and Atlanta Housing Announce Financial Closing of the $72M Affordable Englewood...

The Benoit Group, a national multifamily and commercial real estate developer, owner, and operator headquartered in Atlanta, in partnership with Atlanta Housing, Georgia's largest public housing authority, announced the financial closing for the development...
Westbend South

Trademark Property Company Announces Plans to Develop 300-unit Multifamily Project Westbend South in FW...

Mixed-use development powerhouse Trademark Property Company is planning another Fort Worth, Texas project. Westbend South is a planned seven-story apartment complex nested beside the Trinity River near the active Westbend development. Trademark has had...
Eagle Pointe Apartments

Gantry Secures $40.5M Permanent Financing for Eagle Pointe Apartments in Albany Oregon

Gantry, the largest independent commercial mortgage banking firm in the U.S., has secured a $40.5 million permanent loan to retire construction financing for the recently completed and now stabilized class-A apartment project Eagle Pointe...
Arcadia Gardens

Cushman & Wakefield Advises Sale of 76-Unit Arcadia Gardens Apartments in Phoenix for $14.75M

Cushman & Wakefield announced the firm has brokered the sale of Arcadia Gardens, a 76-unit apartment community in Phoenix, Arizona. The asset was acquired by CSLC Housing Acquisitions for $14.75 million, the seller was an...
Sylvan Woods Evesham

Pre-Leasing is Now Open for Sylvan Woods Evesham Active Adult 55+ Apartment Community in...

Sylvan Woods Evesham, the area's first Active Adult 55+ apartment community, is under construction and is now accepting preleases for residents. "Sylvan Woods Evesham is designed with resort-style amenities, ample social options and the space...
Oradell Apartments

SAGE Announces Sale of 24-Unit Garden-Style Apartment Complex Oradell Apartments in New Jersey

SAGE Investment Real Estate Advisors has announced the sale of a 24-unit garden-style Oradell Apartments in Oradell, New Jersey for an undisclosed price. The firm’s partners and co-founders Greg Pine and Steve Tragash managed the...
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