Thursday, November 28, 2024

Deal boom

Apartment deals, mergers and acquisitions

Altera Jacaranda

Wood Partners Brings Attainable Housing to Southwest Florida With Altera Jacaranda

National multifamily developer Wood Partners expands its presence in Florida with Altera Jacaranda, bringing the only attainable, new construction development to Venice. Altera Jacaranda is a 280-unit garden-style apartment community with five, four-story buildings featuring...
Samoset Avenue

Griffith Pepdjonovic Group of Marcus & Millichap Arrange $4.75M Sale of 25-Unit Multifamily Property...

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of a 25-unit multifamily property at 1 Samoset Avenue in Mansfield, Massachusetts,...
The Griffin

American Landmark Apartments Acquires 455-Unit Class A Community The Griffin in Brandon Florida

American Landmark Apartments, ranked No. 35 on the National Multifamily Housing Council list of the top apartment owners in the country with approximately 32,000 apartment units in its portfolio, has acquired Courtney Trace &...
Catalyst Biltmore Village

Catalyst Capital Partners Closes On Asheville Development Site; Unveils Plans For the 281-Unit Apartment...

Charlotte, North Carolina, based Catalyst Capital Partners (“Catalyst”), a leading multifamily real estate development and investment firm in the Southeast, and Chicago-based Origin Investments announced plans for their newest joint venture development: Catalyst Biltmore...
Avisa Lakes

JLL Closes $50M Sale and $35M Financing of Orlando Apartment Community Avisa Lakes

JLL Capital Markets announced that it has closed the $50 million sale and $35 million financing of Avisa Lakes, a 292-unit, garden-style multifamily community in Orlando, Florida. JLL represented the seller, Lloyd Jones, LLC and...
Orizaba Avenue

CBRE Arranges Sale of 9-Unit Multifamily Property on Orizaba Avenue in Long Beach California

CBRE announced the sale of a nine-unit multifamily property at 6744 Orizaba Avenue in Long Beach, California to a private investor for $2.41 million. The selling price represents $267,778 per unit and $310 per...
University of Maryland

Campus Apartments and Mosaic Development Team Break Ground on $148.75M Housing Project at the...

Campus Apartments, a national leader in the student housing sector, and Mosaic Development Partners (Mosaic), announced they have broken ground on a $148.75M graduate student housing project at the University of Maryland, College Park. The...
Grove Landing

Parkland Residential Closes $57M Loan for Grove Landing

Parkland Residential announces it has successfully closed a $57 Million aggregation loan with Encore Finance to provide financing for completed homes at the build-to-rent community Grove Landing, located in the rapidly growing Houston county...
Silva

3650 REIT Originates $73M Loan for Acquisition of Los Angeles Multifamily Asset Silva

3650 REIT (“3650”), a nationwide alternative lender, special servicer and solutions provider focused on originating, servicing and asset-managing commercial real estate loans and providing fixed-income advisory support to global institutions, announced it has originated...
Grand East Village

Housing Trust Group Breaks Ground on $30M Affordable Senior Housing Community Grand East Village...

Housing Trust Group (HTG), a leading multifamily developer, in partnership with AM Affordable Housing, a non-profit founded by NBA Hall of Famer and Miami Heat legend Alonzo Mourning, and alongside The Most Worshipful Prince...
Palm Bay

Woodfield Development Rockets Forward on Florida’s Space Coast with Two New Projects in Palm...

Woodfield Development, recognized as one of the nation's top 20 developers of Class A multifamily communities, continues expanding its Florida footprint with two new developments along the state’s rocketing Space Coast in Palm Bay...
44 Springside

Residents Now Moving Into Luxury 44 Springside Avenue Apartments in Poughkeepsie

Tinkelman Architecture’s luxury apartment building 44 Springside Avenue celebrated its grand opening and securement of its Certificate of Occupancy with a ribbon-cutting ceremony. The event spotlighted the five-story luxury building with stunning views, superb...
Hampton Group

Arizona Senior Housing Portfolio Secures $96M Refinancing Loan by The Hampton Group

Douglaston Development and The Hampton Group Inc have obtained $96.5 million in refinancing for a five-property seniors housing portfolio consisting of 971 units located in the Phoenix, Mesa, Sedona and Chandler metropolitan areas of...
OC Living

Habitat and Chicago Mayor Brandon Johnson Commemorate Grand Opening of OC Living Phase A2

Chicago-based Habitat, a leading U.S. multifamily developer and property manager, joined Chicago Mayor Brandon Johnson, local and federal officials, project partners and current residents on Sept. 19 to commemorate two significant milestones at OC...
Varsity Berkeley

Institutional Property Advisors Brokers Berkeley Student Housing Asset Sale Varsity Berkeley

Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today that it has facilitated the sale of Varsity Berkeley, a 79-unit, 263-bed, purpose-built student housing asset within walking distance of...
Yield PRO