Institutional Property Advisors completes Eastside Seattle luxury apartment asset sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Bentley House, a condo-quality apartment property in Issaquah, Washington.
“Seattle’s Eastside is experiencing the largest job growth in the region with...
CP Capital US to develop ‘NOVEL Independence Park’ in Tampa, Florida with Crescent Communities
CP Capital, a highly disciplined U.S. real estate manager specializing in multifamily investments, announced a joint venture with Crescent Communities, a nationally recognized, market-leading real estate investor, developer, and operator of mixed-use communities, to...
Dominium acquires Willow Creek Apartments in Mount Juliet
Dominium, a leading national affordable housing owner, developer and manager, announced today that it has acquired Willow Creek Apartments in Mount Juliet, Tennessee, a 144-unit affordable housing development built in 1997.
Dominium is committed to...
The Mogharebi Group brokers a 153-unit multifamily community in Long Beach, California
The Mogharebi Group (TMG) representing a Los Angeles based seller, brokered a $47.05 million sale of Fountain View Apartment Homes, a 153-unit community in the Los Angeles County city of Long Beach, California.
Built in...
Cushman & Wakefield arranges sale of Windwater at Windmill Lakes
Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of Windwater at Windmill Lakes, a 150-unit multifamily community located in the Hobby submarket of Houston, Texas.
Cushman & Wakefield’s...
TruAmerica Multifamily acquires 310-unit apartment community in Dallas/Ft. Worth.
TruAmerica Multifamily has built its portfolio in Texas to nearly 3,000 units in less than 18 months with the acquisition of Rancho Mirage, a 310-apartment home community in the Dallas/Fort Worth submarket of Irving.
Rancho...
$78 million refinancing secured for Bergen County multihousing community
JLL Capital Markets announced that it has closed the $78 million refinancing of The Current on River, a 254-unit, newly constructed multihousing community in Hackensack, New Jersey.
JLL represented the borrower, Brickyard Urban Renewal, LLC,...
Middleburg Communities announces sale of Vesta Camp Creek in Atlanta, Georgia
Middleburg Communities (Middleburg), a Vienna, Virginia-based real estate investment, development, construction, and management firm announces the sale of Vesta Camp Creek, a 220-unit apartment community at 5100 Welcome All Road in Fulton County in...
Institutional Property Advisors brokers sale of iconic New Haven multifamily asset
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of The Taft, a 14-story, 194-unit apartment building with 18,000 square feet of ground floor retail space in New Haven, Connecticut.
“Located...
Berkadia arranges sale of Fractured Condo in Hollywood, Florida
Berkadia announces it has arranged the acquisition of 160 out of a total 192 condominium units at Luna at Hollywood, a four-story condominium property located in a suburban neighborhood in Hollywood, Fla. Director Yoav...
Decron Properties acquires eighth multifamily asset in Phoenix, Arizona for $128 million
Decron Properties has acquired Tamarron Apartments, a 328-unit garden-style multifamily community in Phoenix, for $128 million.
Tamarron, which comes on the heels of Decron’s recent $107.5 million purchase of Ascent at Papago, increases Decron’s local...
$104.93 million financed for Long Island multihousing community
JLL Capital Markets announced that it has closed the $104.93 million financing of The Wel, a 260-unit, newly constructed, mid-rise multihousing community located in Lindenhurst, New York along the South Shore of Long Island.
JLL represented...
ZMR Capital acquires fourth multifamily property in Tampa MSA
ZMR Capital has acquired in an off-market transaction Preserve at Riverwalk, a 300-unit multifamily property located in Bradenton, Florida.
Built in 2018, the property is located near the Bradenton Riverwalk, which consists of 2.5 miles...
Tucson multifamily asset sale closed by Institutional Property Advisors
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Canyon Heights, a 196-unit multifamily property in Tucson, Arizona. The property traded for $33 million, or $168,367 per unit.
“Demand for...
$12.6 million in construction financing secured for San Diego multihousing project
JLL Capital Markets announced that it secured $12.6 million in construction financing for a multihousing development located in the Golden Hill neighborhood in San Diego, California.
JLL worked on behalf of the borrower, Darnell Capital...
