MBK Rental Living sells Blue Oak Multifamily Community in California’s Central Coast
MBK Rental Living is delighted to have successfully executed the sale of Blue Oak, a 142-unit Class A luxury apartment and townhome community in Paso Robles, California, to a private Los Angeles owner. The...
Institutional Property Advisors closes $58.24 million multifamily asset sale in Phoenix
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Villas Los Limones, a 224-unit multifamily asset in Phoenix, Arizona. The $58.24 million sales price represents $260,000 per unit.
“Villas Los...
Institutional Property Advisors closes 264-unit high-rise apartment building sale in Downtown Hartford
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Capitol View Apartment Homes, a 264-unit, high-rise multifamily building with 13,294 square feet of commercial and retail space in Hartford,...
Institutional Property Advisors completes San Antonio multifamily asset sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Pecan Springs, a 344-unit, stabilized asset in the Far Northwest submarket of San Antonio, Texas.
“Situated in a submarket that ranks...
Institutional Property Advisors completes Salt Lake City 55-plus senior housing community sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of The Ivy at Draper, a 277-unit, 55-plus active senior housing community in Draper, Utah.
“Draper City’s prestigious location at the Point...
West Shore acquires fifth apartment community in Kentucky
West Shore, a multifamily real estate investment firm, announces its acquisition of Bridle Creek Apartments, an upscale apartment community in Lexington, Kentucky. This is West Shore’s fourth acquisition in Lexington and fifth in Kentucky....
Newmark arranges sale of 240-unit value-add multifamily property in Northwest San Antonio
Newmark announces the sale of Viva Max, a 240-unit value-add multifamily asset located in northwest San Antonio, Texas. The property traded from Pradeep Mistry to River Rock Capital, a private multifamily investment firm focused...
PCCP, LLC provides $68 million senior construction loan for a Class A 336-unit apartment...
PCCP, LLC has provided a $68 million senior construction loan to a joint venture between the Rockworth Companies and the Gasser Family for the ground-up development of Village Apartments, a Class A, 336-unit apartment...
American Landmark acquires apartments outside Richmond, Virginia
American Landmark Apartments, one of the fastest-growing multifamily owner-operators in the country, announces it has acquired Element at Stonebridge, a 400-unit apartment community located in Chesterfield, Va., just south of Richmond.
This marks American Landmark’s...
Marcus & Millichap completes suburban Denver apartment sale
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of The Fitz on 14th, a 176-unit multifamily property located in Aurora,...
JLL arranged the $176 million construction financing for new mixed-use Gowanus development
JLL Capital Markets announced that it has arranged $176 million in construction financing for 420 Carroll St., a ground-up development of a 360-unit, Class A multihousing property in the rezoned Gowanus neighborhood of Brooklyn.
The...
$60.25 million sale of multihousing community near Las Vegas closes
JLL Capital Markets announced that it has closed the $60.25 million sale of Vantage Lofts with a price per unit closing of $547,727. The property is a 110-unit, luxury multihousing community located within the...
DLP Capital spearheads acquisition of 350-unit Houston multifamily
DLP Capital, a private real estate investment and financial services firm, announced its acquisition of Domain at Morgan’s Landing, a 350-unit multifamily complex in the Houston suburb of La Porte. The acquisition was made...
Denholtz Properties continues growth of multifamily portfolio with acquisition of 384-unit residential community near...
Denholtz Properties, a leading real estate development and investment company, announces the acquisition of 5150 JB Drive Apartments, a 384-unit, Class-A multifamily community located at 5150 Jack Byrnes Drive in Murfreesboro, Tenn.
5150 JB Drive...
ZMR Capital acquires fourth Orlando multifamily community of 2022
ZMR Capital has acquired Sonoma Pointe, a 216-unit garden-style multifamily community in the Kissimmee submarket of Orlando, Florida, in an all-cash deal. The Tampa-based real estate investment company increases its Orlando apartment portfolio to...
