Dominium to Resyndicate Oaks at St. John with $5.5 Million Renovation
Dominium, a leading affordable housing owner, developer and manager announced the re-syndication of Oaks at St. John, a 160-unit family property in Ponte Vedra Beach, Florida.
Dominium will renew the property’s affordable housing status while...
Housing Trust Group and Elite Equity Development Break Ground on Naranja Grand, a New...
Housing Trust Group (HTG), a leading multifamily developer, has closed on financing and commenced construction on Naranja Grand, a new $44 million affordable senior community with 120 units in Leisure City, Miami-Dade County, Florida.
Serving...
Gebroe-Hammer Associates and Berkadia Orchestrate Sale of The Metropolitan Lofts in Historic Morristown New...
Gebroe-Hammer Associates and Berkadia have announced the sale of 59 Class A multifamily units at The Metropolitan Lofts in downtown Morristown, New Jersey for an undisclosed price. Situated within steps of the city’s bustling...
JBM Brokers the Sale of Pearce at Pavilion for $66M in Tampa
JBM® Institutional Multifamily Advisors has brokered the sale of another Tampa multifamily property – Pearce at Pavilion for $66,000,000 or $264,000 per unit. This marks the largest price per unit multifamily transaction in the...
Affordable Housing and Services Collaborative, Inc. Closes on Prospect Estates in Webster Massachusetts
Affordable Housing and Services Collaborative, Inc. (AHSC), a nonprofit organization that owns and develops affordable rental communities, recently closed on Prospect Estates in Webster, Massachusetts, as a result of financing from MassHousing and the...
Stream Real Estate Acquires Queen Anne Plaza Office Building for Residential Conversion
Seattle-based developer and investor Stream Real Estate acquired Queen Anne Plaza, a four-story office building in Seattle’s central business district, for $7 million with the intention of converting the property into apartments. Seattle-based entity...
Empire Group Slated to Build Arizona’s Largest BTR Project Village at Bronco Trail
Empire Group started construction on its largest build-to-rent project in Phoenix, Arizona: Village at Bronco Trail.
Tower Capital arranged an $88.5 million construction loan. Construction commenced in August 2023. The general contractor for the project...
Orion Real Estate Partners Acquires Fielders Creek Multifamily Community in Englewood Colorado
Orion Real Estate Partners acquired Fielders Creek, a 217-unit apartment community in Englewood, Colorado. The price was not disclosed.
Community amenities include a game room, 24-hour fitness center, resort-style pool, grilling and picnic areas, 272...
Cushman & Wakefield Arranges Sale of Harlow, Brand New 303-Unit Multifamily Property in Smyrna
Cushman & Wakefield announced the commercial real estate services firm has arranged the sale of Harlow, a brand new 303-unit multifamily community in Atlanta’s Smyrna submarket.
Robert Stickel, Alex Brown, Ashlyn Warren, Michael Kay, and...
Conserve Holdings Closes 2023, Expanding Portfolio with Northcliffe Forest and Cottage Trails Apartments
Conserve Holdings, a leading real estate investment firm, proudly announces the successful closing of two strategic acquisitions, Northcliffe Forest and Cottage Trails Apartments, marking a momentous end to 2023.
These transactions, completed in less than...
Thorofare Capital Refinances Class A Multifamily Property Corner 2nd Apartments in Philadelphia
Thorofare Capital, Inc. (“Thorofare” or the “Company”), an affiliate of asset management platform Callodine Group, announced it provided a $24,700,000 loan to Palladium Group for the refinancing and lease-up of Corner 2nd Apartments (the...
Cushman & Wakefield Arranges Sale of Land Site for Catawba Village Multifamily Development
Cushman & Wakefield has arranged the sale of a ± 17-acre land site in Maiden, North Carolina that is slated for a 240-unit multifamily development project named Catawba Village.
Battle Smith, Alex Phillips, Austin Green,...
Marcus & Millichap Brokers $8M Sale of Flat Iron District Mixed-Use Building at 17...
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of a five-story, mixed-use building in located at 17 W 24th Street...
ABI Multifamily Brokers 26-Unit West Phoenix Quays at Encanto Apartment Community for $6.925M
ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $6,925,000 / $266,346 Per Unit / $246.97 Per SF sale of Quays at Encanto, a...
Institutional Property Advisors Closes Broadstone Dobson Ranch Sale and Financing in Mesa Arizona
Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced the sale of Broadstone Dobson Ranch, a 288-unit Class A multifamily asset in the Dobson Ranch master-planned community in Mesa, Arizona.
“The...