Friday, February 7, 2025

Deal boom

Apartment deals, mergers and acquisitions

Redwood Amherst

Redwood Living Announces 205 Single-Story Apartment Homes are Coming to Planned Development District in...

Redwood Living, Inc., has started construction on Redwood Amherst, a brand-new neighborhood of single-story apartment homes that will add a desirable residential rental option to Sandstone Development – a Planned Development District in Amherst...
Fremont Villas

Marcus & Millichap Arranges the $8M Financing for 138 Unit Multifamily Community Fremont Villas...

Marcus & Millichap, a leading provider of commercial real estate capital markets financing solutions, arranged $8 million for the refinancing of Fremont Villas, a 138-unit multifamily community in Las Vegas, Nevada. Fremont Villas were built...
Timber Creek Aerial

Gindi Equities Acquires 252-Unit Multifamily Community Timber Creek Apartment Homes in Fargo

Gindi Equities announced the acquisition of Timber Creek Apartment Homes, a multifamily community located at 4720 Timber Parkway South in Fargo, North Dakota. Gindi acquired Timber Creek from Property Resources Group, which will continue to...
Rancho Las Palmas

Avison Young Announces $18M Sale of 112 Unit Multifamily Property Rancho Las Palmas in...

Avison Young announces it has completed the $18 million/$160,714 per unit sale of Rancho Las Palmas Apartments, a 112-unit multifamily property located at 1249 E. Spence Avenue in Tempe, Arizona. Avison Young professionals from offices...
Habitat

Lendlease Celebrates Topping-Out of Habitat in Los Angeles

Lendlease, a leading integrated real estate and investment management group, together with joint venture partner Aware Super, one of Australia’s largest superannuation funds, marked the topping-out of the six-story office and 12-story multifamily building...
Union Green

Woodfield Development Expands its Atlanta Metro Footprint with the Completion of New Multifamily Community...

Woodfield Development, one of the nation’s top 20 developers of Class A multifamily communities, celebrated the completion and opening of Union Green, the premier new construction community in Union City, Georgia, just south of...
The Cottages at Dawsonville

Jim Chapman Construction Group Closes on 195 Home BTR Community in Dawsonville Georgia

Jim Chapman Construction Group (JCCG), a leading general contractor specializing in the build-to-rent (BTR) sector, proudly announces that an LDP has been secured for The Cottages at Dawsonville, a new 195-unit rental community. Located on...
Sol Vista

ANF Completes New Affordable Senior Apartment Community Sol Vista in Miami-Dade County

ANF, a full-service construction and development firm, has completed construction of the new Sol Vista, a 227-unit affordable senior community co-developed by MRK Partners and Cypress Equity Investments in Miami-Dade County, Florida. “We are excited...
Atlanta Constitution building

Invest Atlanta Selects Gorman & Co. for Restoration of Atlanta Constitution Building

Invest Atlanta selected Gorman & Co. to restore the five-story Atlanta Constitution building, located at 143 Alabama Street in the heart of Downtown Atlanta. The agency intends to negotiate a ground lease and master...
Horizon at Miramar

Blackstone Affiliate Sells South Florida Apartment Complex Horizon at Miramar for $121M

The LivCor multifamily division of Blackstone sold the 349-unit Horizon at Miramar apartments. Selling the Horizon at Miramar apartment complex in Miramar a week after selling a 27-property portfolio for more than $300M. Bell Partners...
Siesta Lakes

Shoreham Capital in Partnership with Bridge Investment Group and Wynkoop Financial Begin Leasing Siesta Lakes...

Shoreham Capital, in partnership with Bridge Investment Group and Wynkoop Financial, has begun leasing at Siesta Lakes, a 412-unit Class-A rental community in Cape Coral, Florida. The leasing launch follows the completion of the...
The Ranches at Gunsmoke

Lincoln Avenue Communities Closes Financing for New Affordable Housing Development The Ranches at Gunsmoke...

Lincoln Avenue Communities and WNC & Associates secured financing for The Ranches at Gunsmoke, a 271-unit build-to-rent affordable development in Maricopa. Completion is slated for 2026. The Ranches at Gunsmoke financing package includes $91 million...
Rasha at Audubon

XAG Group Announces Rasha at Audubon Adding 326 More Apartments for Audubon in Magnolia

XAG Group has obtained a $58.9 million construction loan to start work on Rasha at Audubon, a 326-unit multifamily project in Magnolia, northwest of Houston. HALL Structured Finance provided the loan. The project will...
Lakeshore

Branch Properties to Redevelop Gainesville Lakeshore Mall Into Mixed-Use Community

Branch Properties, a private real estate investment and development firm, has announced plans to reimagine Lakeshore Mall into a walkable, open-air destination. The mixed-use redevelopment to be named Lakeshore will retain key retail tenants...
Legacy Hall

Gilbane and CBREIM Form Joint Venture to Own and Develop Student Housing

Providence-based Gilbane Development Company formed a strategic partnership with CBRE Investment Management (CBREIM) involving six purpose-built student housing properties across the country. The transaction included recapitalization of three operational communities through a GP-led secondary...
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