Thursday, November 28, 2024

Deal boom

Apartment deals, mergers and acquisitions

Modena Reserve

Mesa West Capital Provides AEW with a Combined $114M in Debt to Refinance Senior...

Mesa West Capital has provided AEW Capital Management L.P., (“AEW”) with $114.6 million in first mortgage debt across two loans to refinance senior housing communities in the Philadelphia and Washington, DC metros. The floating...
Fireman Community

Simon C. Fireman Community Cuts the Ribbon on 45 New Affordable Apartments South of...

Harvard Medical School affiliate Hebrew SeniorLife, New England's largest nonprofit provider of senior health care and living communities, celebrated its 45-apartment expansion of the Simon C. Fireman Community with a ribbon-cutting ceremony featuring speakers...
Breakers Apartments

Red Oak Capital Holdings Provides $5.5M for Gulf Coast LIHTC Asset The Breakers Apartments

Red Oak Capital Holdings, LLC has provided $5.46 million in financing for The Breakers Apartments, a 96-unit garden-style apartment community located in Ocean Springs, Mississippi. The loan was written under the firm’s Core-Plus Bridge Loan...
The Laurel

EAH Housing Celebrates Grand Opening of Support Housing Community The Laurel in Santa Monica

EAH Housing, one of the largest and most respected nonprofit housing development and management organizations in the Western United States, announced the completion and grand opening of The Laurel, a 58-unit permanent support housing...
Vistas at Red Creek

1101 White Cliff LLC Completes $21M Acquisition of Vistas at Red Creek in West...

1101 White Cliff, LLC announced the acquisition of residential property, Vistas at Red Creek in San Angelo, Texas for $21 million. The property was built in 2015 and has 176 units across 2 stories. The...
Novum Plano

AOG Breaks Ground on New Active Adult Community Novum Plano in Texas

AOG Living has broken ground on a new active-adult community, Novum Plano in Plano, Texas adding 147 units to its growing development portfolio. Developed by AOG Living and financed by CBRE, the new community has...
Quaye at Wellington

The Dermot Co. Acquires Luxury Multifamily Community The Quaye at Wellington Near Palm Beach

The Dermot Co. has bought The Quaye at Wellington, a 350-unit luxury community in Wellington, Florida. This acquisition further expands the company’s portfolio in the Sunshine State, where it already owns and manages 1,800...
Cadia Matthews

Pappas Properties Announces New Master-Planned Development Cadia Matthews in Charlotte

Pappas Properties, the Charlotte-based, leading developer of innovative mixed-use developments and wellness-focused communities across the Southeast, announced the start of Phase One of Cadia Matthews, an 82-acre mixed-use community located at Stallings Road and...
The Current

Marcus & Millichap Facilitates Sale of 40-Unit Apartment Property The Current in North Dakota

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of The Current, a 40-unit apartment property located in Grand Forks, North...
Thompson Thrift Limited Partnership

Thompson Thrift Launches 7th Multifamily Development Limited Partnership

Thompson Thrift, a full-service nationally recognized real estate company and one of the nation's leading multifamily developers, announced the launch of Thompson Thrift 2025 Multifamily Development, LP. The limited partnership offering seeks to raise...
Rayzor Ranch

Institutional Property Advisors Closes Dallas-Fort Worth Multifamily Asset Sale of Rayzor Ranch

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Eastpark, a 333-unit multifamily asset in the Rayzor Ranch mixed-use development in Denton, Texas. “Located just north of Dallas, Denton is...
Franklin Avenue

CBRE Arranges Sale of 10-Unit Multifamily Property on Franklin Avenue in Fullerton California

CBRE announced the sale of a 10-unit multifamily property at 3926 Franklin Avenue in Fullerton, California to a private investor for $2,665,000 in an off-market transaction. The selling price represents $266,500 per unit and...
Birmingham Heights

Marcus & Millichap Announces Sale of 28-Unit Multifamily Property Birmingham Heights in St. Paul

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Birmingham Heights, a 28-unit apartment property located in St. Paul, Minnesota....
The Village at South Setauket

Berkadia Completes Financing and Sale for Seniors Housing Community The Village at South Setauket...

Berkadia announced the financing and sale of a senior living community on Long Island in New York. After closing, the community will be rebranded as The Village at South Setauket and undergo extensive capital...
Marlowe Brookwood

Marlowe Brookwood Offers Upscale Living in a Suburban Garden-Style Community Near Atlanta

Greystar, a global leader in the investment, development, and management of real estate, including rental housing, logistics and life sciences, announced that Marlowe Brookwood, the latest Marlowe-branded apartment community, is now pre-leasing and will...
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