Thursday, May 8, 2025

Deal boom

Apartment deals, mergers and acquisitions

Colony Woods

Cushman & Wakefield arranges $71.4 million sale of Colony Woods

Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of Colony Woods, a 414-unit multifamily property located in the Cahaba Heights submarket of Birmingham. The final sale price was...
Lenox Clear Lake

Berkadia arranges sale of new Class A garden-style multifamily community in Houston, Texas

Berkadia announces it has arranged the sale of Lenox Clear Lake, a ­380-unit, Class A garden-style multifamily community in Houston, Texas. Senior Managing Directors Todd Marix and Chris Curry, Managing Directors Jeffrey Skipworth, Chris...
Heritage Quarters

The Multifamily Group sells 374 beds in Waco, Texas

The Multifamily Group (TMG), a Dallas-based commercial real estate brokerage firm, announced this week that it had facilitated the sale of Heritage Quarters, a mid-rise 374-bed student housing apartment in Waco. Danny Wieland represented the...

Levin Johnston directs acquisition of $69 million multifamily portfolio in Oakland and Berkeley, California

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 directed the $69 million acquisition of a 13-property...
Dakota Apartments

Berkadia arranges sale and financing of apartments near Olympia, Washington

Berkadia announces it has arranged the sale and financing of Dakota Apartments, a 156-unit, garden-style apartment community located approximately six miles outside of the state capital of Olympia, Washington. Senior Directors Ben Johnson and...
The Crossings 820

Marcus & Millichap completes 418-unit Fort Worth apartment complex sale

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of The Crossings 820, a 418-unit apartment complex located at the intersection...
Rise on Peoria

TruAmerica Multifamily acquires Phoenix apartment community for $45.4 million

TruAmerica Multifamily, owner and operator of more than 3,000 multifamily units in the Phoenix metro, has acquired Rise on Peoria, a 164-unit garden-style apartment community for $45.4 million. The property constitutes a compelling value-add opportunity...
Bellevue Tower

Institutional Property Advisors facilitates Central Tucson multifamily asset sale

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Bellevue Tower, a 90-unit, garden-style, midrise apartment property in Tucson, Arizona. The asset traded for $14 million, which equates to...
Pebble Creek Apartments

The Multifamily Group sells 136-unit B-Class asset in Houston

The Multifamily Group (TMG), a Dallas-based commercial real estate brokerage firm, announced this week that it had facilitated the sale of Pebble Creek Apartments, a garden-style 136-unit asset in Houston.  Chris Siemasko represented the seller,...
SoCo Apartments

Vista Investment Group acquires 122-unit multifamily apartment community in Austin

Vista Investment Group has acquired SoCo Apartments, a 122-unit multifamily community located in Austin, Texas. It is the Los Angeles-based private investment firm’s first multifamily investment in the Texas Capital. Vista entered the market...
Art 88 Apartments

Trion Properties continues to expand presence in Florida; acquires 294-unit multifamily community in Miami...

Trion Properties, a multifamily investment sponsor and private equity real estate firm based in West Hollywood, California and Miami, Florida, has acquired Art 88 Apartments, a 294-unit multifamily community in the Miami Springs/Doral submarket...
Alamo Park

Newmark arranges sale of 309-unit value-add multifamily property in Northeast San Antonio

Newmark announces the sale of Alamo Park, a 309-unit value-add multifamily asset located in northeast San Antonio, Texas. The property traded from Achieve Investment Group—an Austin-based value-add multifamily investment firm— to River Rock Capital,...
Park at Ashley Place

Cushman & Wakefield arranges sale of The Park at Ashley Place

Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of The Park at Ashley Place, a 143-unit multifamily community located at 4031 Vista Verde Dr. in the New Port...
Terracina Apartments

Institutional Property Advisors brokers and finances 736-unit Inland Empire multifamily asset sale

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale and financing of Terracina Apartment Homes, a 736-unit garden-style apartment complex located inside Ontario Ranch, an 8,200-acre master-planned community in Ontario,...
Harbor Island Apartments

Avison Young in Las Vegas, Nevada brokers $126 million sale of 996-unit Harbor Island...

Avison Young announced the Sauter Multifamily Group, comprised of Principals Patrick Sauter, Art Carll-Tangora, and Steve Nosrat, based in the firm’s Las Vegas office closed the $126 million sale ($126,506 per unit) of Harbor...
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