Thursday, November 28, 2024

Deal boom

Apartment deals, mergers and acquisitions

Summerfield Apartments

Capstone Brokers $8.5M Sale of 52-Unit Summerfield Apartments in South Charlotte

Capstone Companies is pleased to announce the successful closing of Summerfield Apartments, a 52-unit garden-style apartment community located in Charlotte, North Carolina. The Capstone brokerage team was led by Investment Sales Advisor, Dane Lozier, and...
Rush Creek

Marcus & Millichap Brokers 248-Unit Affordable Housing Asset Sale for Rush Creek in Dallas-Fort...

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Rush Creek, a 248-unit affordable housing asset in Arlington, Texas. “We were...
Bridgepoint Apartments

Institutional Property Advisors Closes Suburban Dallas Multifamily Property Sale of Bridgepoint Apartments

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Bridgepoint Apartments, a 200-unit apartment asset in Waxahachie, Texas. “Job growth in Dallas-Fort Worth has spurred economic growth in Waxahachie, driving...
Advenir at the Oaks

Berkadia Secures $55M Refinancing for Advenir at the Oaks Multifamily Community in Orlando

Berkadia announced the refinancing of Advenir at the Oaks, a 408-unit garden-style multifamily property located in the Ocoee submarket of Orlando, Florida. Senior Managing Director Charles J. Foschini, Managing Director Christopher Apone, Vice President-Originations Lourdes...
Yale Place

Capstone Announces the $1.4M Sale of Yale Place Townhomes Near Colorado Springs

Capstone Companies has closed the sale of 512 & 528 Yale Place, two 4-unit multifamily properties in Cañon City, Colorado (just south of Colorado Springs) for the sale price of $1,425,000. The meticulously-maintained eight unit...
O’Connor Oaks

Newmark Facilitates Sale of 165-Unit Value-Add Multifamily Asset O’Connor Oaks in Northeast San Antonio

Newmark announces it has arranged the sale of O’Connor Oaks, a 165-unit, value-add multifamily asset located at 13658 O’Connor Road in northeast San Antonio. Newmark Multifamily Capital Markets Senior Managing Director Jim Young and Director...
Santa Cruz County

Cushman & Wakefield Advises Sale of Prime 2.58-Acre Site Planned for 289-Unit Affordable Housing...

Cushman & Wakefield announced the firm has brokered the sale of a ±2.58-acre undeveloped site at 41st Avenue and Soquel Drive in Soquel, California. The Santa Cruz County property was acquired by Pacific West...
Cabana Kyrene

Greenlight Communities Closes on New Affordable Rental Community Cabana Kyrene Underway in Tempe

Greenlight Communities, the Scottsdale-based developer dedicated exclusively to building attainable and affordable rental housing without relying on government subsidies, is proud to announce the closing of its first community Cabana Kyrene in South Tempe. Situated...
Cedar Ridge

Berkadia Arranges Acquisition Financing for New Build-To-Rent Community Cedar Ridge at Forest Lake Outside...

Berkadia announced that it arranged acquisition financing for Cedar Ridge at Forest Lake, a brand-new, build-to-rent (BTR) community consisting of 70 single family homes in the fast-growing Orlando suburb of Davenport, Florida. Managing Director Brad...
Thatcher Flats

Pennrose Celebrates Grand Opening of Thatcher Flats Phase I & Begins Construction on Phase...

Pennrose, Walnut Hills Redevelopment Foundation (WHRF), and project partners gathered to celebrate significant progress on Thatcher Flats, the $27 million Lincoln & Gilbert redevelopment to transform a full city block into 86 high-quality, mixed-income...
Harborside at Lake Norman

Capstone Brokers $3.3M Sale of ±10.46-Acre Multifamily Development Site Harborside at Lake Norman in...

Capstone Companies is pleased to announce the successful closing of the sale of Harborside at Lake Norman, a ±10.46-acre multifamily development site located at Slanting Bridge Road & Village Center North in Sherrills Ford,...
Maple Bay Townhomes

Hamilton Zanze Announces Sale of Maple Bay Townhomes in Virginia Beach

Hamilton Zanze, a leading San Francisco-based multifamily real estate investment firm, announced that it has sold Maple Bay Townhomes, a 414-unit apartment community in Virginia Beach, Virginia. “We are very pleased with the disposition of...
Milner Commons in Raleigh

Pratum Companies Announces Expanded Partnership with DHIC for Three Affordable Communities in The Triangle

Pratum Companies (Pratum), a national, integrated real estate firm, is excited to announce its expanded partnership with DHIC, a leading nonprofit affordable housing developer in the Research Triangle Area region of North Carolina. Milner Commons...
Tannery Mills

Capstone Brokers $2.325M Sale of ±10.23-Acre Multifamily Development Site Tannery Mills in Winston-Salem

Capstone Companies is pleased to announce the successful sale of the Tannery Mills Development Site, a ±10.23-acre property located at 108 State Street in Winston-Salem, North Carolina. The transaction was led by Managing Director of...
Merchants Capital

Merchants Capital Completes $630M Securitization of Healthcare CRE Loans for Senior Housing Properties

Leading financial services provider Merchants Capital (Merchants) announced the securitization of approximately $630 million in healthcare commercial real estate (CRE) bridge loans. The loans were originated by VIUM Capital, Merchants’ joint venture partner, and underwritten...
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