Monday, May 12, 2025

Deal boom

Apartment deals, mergers and acquisitions

CoralGrove Brickell

JLL arranges sale of prime residential development site west of Brickell

JLL Capital Markets announced that it has closed the sale of CoralGrove Brickell, a 0.53-acre, residential development site planned for 85 units, located between Brickell and Coral Gables in Miami, Florida. JLL marketed the property...
Hudson Tigard Apartments

Trion Properties repositions and recapitalizes two multifamily communities totaling 373 units in Greater Portland,...

Trion Properties, a multifamily investment sponsor and private equity real estate firm based in West Hollywood, California and Miami, Florida, has recapitalized a multifamily portfolio in the greater metropolitan area of Portland, Oregon, in...
Halstead Station

$200 million sale of Westchester County multihousing community closes

JLL Capital Markets announced that it has closed the $200 million sale of Halstead Station, a 24-story, 408-unit, luxury, high-rise multihousing community located at the Metro North train station in New Rochelle, Westchester County,...
14 SixtyFive

Sale of Kennesaw State University student housing community closes

JLL Capital Markets announced that it has closed the sale of 14 SixtyFive, a 52-unit / 241-bed, brand-new student housing community in Kennesaw, Georgia near Kennesaw State University. JLL worked on behalf of the seller,...
1504 S Claremont

Levin Johnston completes sale of multifamily portfolio in San Mateo County, California for $11.5...

Levin Johnston of Marcus and Millichap, one of the top multifamily brokerage teams in the U.S., specializing in wealth management through commercial real estate investments, has successfully completed the following transactions: An 8-unit multifamily...
Monteverde at Renaissance Park

Mesa West Capital funds $49.2 million loan for recapitalization of Palm Beach County multifamily...

Mesa West Capital has provided a joint venture of ESG Kullen and Angelo Gordon with $49.24 million in first mortgage debt for the recapitalization of a 219-unit multifamily property in Palm Beach County, Florida. The...
Fourteen Residences Allapattah

Berkadia arranges $57.5 million construction loan for Neology Life Development Group’s Fourteen Residences Allapattah...

Berkadia announces it has arranged $57.5 million in construction financing for Fourteen Residences Allapattah, a two tower, 237-unit apartment community located in Miami, Florida. Senior Managing Director Charles Foschini, Managing Director Chris Apone and...
Addison Arms Apartments

Institutional Property Advisors brokers San Fernando Valley apartment asset sale

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Addison Arms Apartments, a 57-unit apartment building in the Sherman Oaks neighborhood of Los Angeles, California. The property sold for...
The Lotus

American Landmark acquires Cabana 99th Apartments in Arizona’s Antique Capital

American Landmark Apartments, one of the fastest-growing multifamily owner-operators in the country, announces it has acquired Cabana 99th, a brand new, 286-unit apartment community located in Glendale, Ariz., just outside the Phoenix metropolitan area....
The Holston

Cushman & Wakefield arranges sale of The Holston, one of Asheville’s newest apartment communities

Cushman & Wakefield announced that the commercial real estate services firm arranged the sale of The Holston, a newly constructed 238-unit apartment community in the Weaverville submarket of Asheville, North Carolina. Cushman & Wakefield’s Michael Saclarides,...
Appling Lakes

Fogelman Properties acquires 312-unit apartment community in Memphis, Tennessee

Fogelman Properties, one of the country’s largest, privately-owned and fully integrated multifamily investment and property management companies, announces the acquisition of Appling Lakes, a 312-unit apartment community in Memphis, Tennessee. Built in 1997, Appling Lakes...
Ascot Place

Marcus & Millichap completes dual multifamily asset sale in Birmingham

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Onyx at 600 and Ascot Place Apartments, two multifamily properties, totaling...
Matson Mill

High Street Residential completes Matson Mill residential development outside Philadelphia

High Street Residential, the residential subsidiary of Trammell Crow Company, along with its partner, MetLife Investment Management, announced the completion of Matson Mill, a 280-unit apartment community outside of Philadelphia. The five-story property is...
Archer Road Portfolio

Cushman & Wakefield arranges sale of the Archer Road portfolio

Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of the Archer Road Portfolio, a collection of five multifamily properties across several submarkets in Gainesville that total 582 units. Nick...
864 East 149th Street

GFI Realty Services arranges the $6.4-million sale of 46-unit Bronx multifamily building

GFI Realty Services announced the $6.4-million sale of 864 East 149th Street, a walk-up building comprised of 46 units located in the Mott Haven section of the Bronx. GFI Director Zachary Fuchs represented the seller, NY Metro...
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