Thompson Thrift sells The Grove Apartment Community in Grand Rapids
Thompson Thrift, a full-service nationally recognized real estate company, announced the sale of The Grove, a 320-unit Class A multifamily community in Grand Rapids. A private real estate investment firm purchased the community for...
Marcus & Millichap brokers the sale of a 30-unit Coral Springs apartment building for...
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Fairway Views, a five-story, 30-unit apartment complex in Coral Springs, Florida....
Capital Square acquires build-for-rent townhome community near Raleigh for DST offering
Capital Square, one of the nation’s leading sponsors of tax-advantaged real estate investments and an active developer of multifamily communities, announced the acquisition of Ashford Townes, a 74-unit newly constructed build-for-rent townhome community in...
$10.5 million refinancing secured for Los Angeles affordable housing development
JLL Capital Markets announced that it has arranged $10.5 million in construction takeout refinancing for Park Place at Jordan Downs, an 80-unit affordable housing development in Southeast Los Angeles, California.
JLL represented the borrower, BRIDGE...
CBRE arranges $7.8 million sale of 204-unit development site in Farmington, Connecticut
Representatives of CBRE, led by Jeff Dunne, Simon Butler, Biria St. John, Eric Apfel, Stuart MacKenzie, John McLaughlin, and Brian Bowler announced the $7.8 million sale of a 204-unit multifamily development site in Farmington,...
Sale of age-restricted community in Milwaukee closes
JLL Capital Markets announced that it has closed the sale of and acquisition financing for the Oaks of Shorewood, a 101-unit luxury, age-restricted (55+) multihousing community in Shorewood, Wisconsin.
Weidner Apartment Homes acquired the property....
Institutional Property Advisors negotiates Greater Phoenix multifamily property sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Mountain Park, a 240-unit multifamily asset in the Ahwatukee Foothills Village of Phoenix, Arizona.
“Ahwatukee Foothills Village demonstrates attractive demographics and...
Institutional Property Advisors brokers sale and arranges financing for Dallas multifamily asset
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale and financing of The Lex, a 144-unit multifamily asset in the Lake Highlands neighborhood of Dallas, Texas.
“Lake Highlands was a high-performing...
Value-add apartment complex in Portland trades for $26.85 million
JLL Capital Markets announced that it has closed the $26.85 million sale and arranged acquisition financing for Meadowland Apartments, a 168-unit, garden-style apartment in Portland, Oregon, which will now be known as Township Eastside.
JLL...
Trion Properties grows portfolio by 5,805 units in 2022 with a total transaction value...
Trion Properties, a private equity real estate firm based in West Hollywood, California and Miami, Florida specializing in multifamily investments, announces that despite global economic challenges, 2022 was a year of outstanding growth for...
Berkadia arranges sale of Class A apartment community in Houston’s urban core
Berkadia Institutional Solutions announces it has arranged the sale of Metro Greenway, a 309-unit, mid-rise multifamily community in Central Houston. Senior Managing Directors Todd Marix and Chris Curry, Managing Directors Jeffrey Skipworth, Chris Young...
Cushman & Wakefield arranges $16.3 million sale of Forest at Fenwick in Johns Island
Cushman & Wakefield announced that the commercial real estate services firm arranged the $16.3 million sale of Forest at Fenwick, an 80-unit multifamily property located in Johns Island, South Carolina.
Cushman & Wakefield’s John Phoenix,...
Knighthead Funding provides $75 million financing for mixed-use condo development in Austin, Texas
Knighthead Funding LLC (Knighthead) has provided a local developer with $75 million in financing for the construction of a 182-unit condominium development in the South Lamar section of Austin, Texas.
Situated on an 80,900-square-foot site...
Mast Capital sells Seascape Pointe Homestead, Florida
Mast Capital, one of South Florida’s most active real estate development and investment firms, in partnership with Angelo Gordon, has sold the residential rental community of Seascape Pointe in Homestead, Florida. Seascape Pointe is a 306-unit, garden-style community...
$33.8 million construction loan secured for build-to-rent community in Phoenix’s West Valley
JLL Capital Markets announced that it has arranged a $33.8 million construction loan for Villas Goodyear, a 151-unit, build-to-rent community located in Goodyear, Arizona within Phoenix’s West Valley.
JLL worked on behalf of the borrower,...
