TruAmerica Multifamily acquires ~1,500 apartment units
In three separate transactions TruAmerica Multifamily has closed on five suburban apartment communities representing nearly 1,500 units. The assets are located in Orlando, Fla., Phoenix, Ariz. and Columbus, Ohio.
In the largest transaction, TruAmerica in...
JLL secures $585 million financing for mixed-use development in Boston
JLL’s Capital Markets group announced that it has arranged $585 million in construction financing for a mixed-use project consisting of 580,905 square feet of life sciences, retail and multihousing space in Boston, Massachusetts.
JLL worked...
Cushman & Wakefield arranges sale of Seleno at Bridge Street
Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of Seleno at Bridge Street, a 244-unit multifamily property located in Huntsville, Alabama.
Cushman & Wakefield’s Craig Hey and Andrew Brown...
Joint Venture of PCCP, LLC and Grand Peaks acquires newly developed two-property multifamily portfolio...
A joint venture of PCCP, LLC and Grand Peaks has acquired a two-property multifamily portfolio totaling 696 units—both of which completed construction earlier this year and are currently in the lease-up phase. The garden-style...
Odyssey Properties Group continues bullish Florida expansion with acquisition of two multifamily communities totaling...
Odyssey Properties Group, a multifamily investment sponsor and private equity real estate firm based in Los Angeles, has acquired two multifamily communities in Florida comprising a total of 304 units for $53 million.
The properties...
Decron Properties acquires 216-unit multifamily property in Phoenix Metro for $91 million
Decron Properties has acquired The Wyatt, a 216-unit garden-style apartment community in the Phoenix submarket of Gilbert, Arizona, for $91 million. It is the ninth acquisition for Decron in the Phoenix metro overall and...
Marcus & Millichap negotiates the sale of a 65-unit multifamily complex for $11.65 million
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of City View Apartments, a 65-unit complex in Fort Lauderdale, Florida. The...
$75 million in refinancing secured for Long Beach multihousing community
JLL Capital Markets announced that it has arranged the $75 million refinancing for The Landing at Long Beach, a 206-unit garden-style apartment community in Long Beach, California.
JLL represented the borrower, Silver Star Real Estate,...
Cushman & Wakefield arranges sale of Mobile 625 Portfolio
Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of three Mobile multifamily communities that comprise the Mobile 625 Portfolio – Ashford Place, Huntleigh Woods, and Southern Oaks.
Craig Hey...
ECI Group announces $625 million portfolio refi
ECI Group has closed a $625 million refinance of a 13-asset portfolio of multifamily assets through Goldman Sachs Bank USA, fueling ECI’s reinvestment in existing assets and supporting an active development pipeline as well...
Marcus & Millichap brokers 309-unit multifamily asset sale in Dallas
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Hampton Greens, a 309-unit apartment complex in Dallas, Texas.
“Occupancy at Hampton...
Greenstone Partners brokers sale of mixed-use Lincoln Park property for $6.7 million
Commercial real estate brokerage firm Greenstone Partners announces the sale of a $6.7 million timber loft office building in Chicago’s Lincoln Park neighborhood. Greenstone Partners’ Managing Partners Danny Spitz and Jason St. John represented...
Interra Realty negotiates $1.9 million sale of multifamily property in Chicago’s Park Manor Neighborhood
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it negotiated the $1.9 million sale of 7027-33 S. Indiana Ave., a 26-unit multifamily property in Chicago’s Park Manor neighborhood. The price per...
Sale of multihousing community in Westchester County, New York closes
JLL Capital Markets announced that it has closed the sale of Avalon Green, a 617-unit, value-add multihousing community located within Westchester County in Elmsford, New York.
JLL marketed the property on behalf of the seller,...
Haven Realty Capital and Apollo Global Management close on Las Vegas BTR Community
Haven Realty Capital (Haven), in partnership with funds managed by an affiliate of Apollo Global Management, Inc., has closed the first phase of a $22.8 million acquisition of a build-to-rent (BTR) townhome community now...
