Thursday, June 5, 2025

Deal boom

Apartment deals, mergers and acquisitions

Genesis Apartments

Cushman & Wakefield arranges $80.2 million sale of Genesis Apartments

Cushman & Wakefield announced that the commercial real estate services firm has arranged the $80.2 million sale of Genesis Apartments, a 372-unit multifamily community located at 503 and 530 Fairwood Ave. in Clearwater, Florida. Mike Donaldson...
Vantage at Murfreesboro

Institutional Property Advisors brokers suburban Nashville multifamily property sale

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Vantage at Murfreesboro, a 288-unit multifamily property in Murfreesboro, Tennessee. “One of the fastest-growing cities in the nation, Murfreesboro’s strong multifamily...
The Cooper

Institutional Property Advisors brokers 390-unit Fort Worth multifamily asset sale

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of The Cooper, a 390-unit multifamily asset in Fort Worth, Texas. “Completed in 2021, The Cooper is a fully stabilized asset located...
175 Morris Street

$28.48 million loan secured for Northern New Jersey multihousing community development

JLL Capital Markets announced that it has arranged $28.48 million in construction financing for 175 Morris St., an 85-unit apartment community located in Morristown, New Jersey. JLL represented the borrower, The Hampshire Companies, to secure...
The Lakes Apartments

Levin Johnston completes $31.5 million sale of 102-unit multifamily community in Concord, 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, announces its most recent multifamily transaction: the $31.5 million...
4135 Park Blvd

$43.5 million in construction financing secured for 190-unit multihousing community in San Diego

JLL Capital Markets has arranged $43.5 million in construction financing for the development of 4135 Park Blvd., a 190-unit, mid-rise, mixed-use multihousing project located on the border of the North Park and Hillcrest submarkets...
Ascent at Papago Park

Decron acquires multifamily community in Phoenix for $107.5 million

Decron Properties has acquired Ascent at Papago Park, a 270-unit garden style multifamily asset in Phoenix, Arizona. It is the first of two acquisitions that the Los Angeles-based real estate investment firm will close...
163 Franklin Street and 750 Summer Street

KABR Group purchases luxury Connecticut communities for $41.3 million

JLL Capital Markets, on behalf of KABR Group, announced the purchase of 750 Summer St. and 163 Franklin St., two boutique, mid-rise, luxury multihousing communities in Stamford, Connecticut, totaling 116 units for $41.3 million....
Campus Hill Apartments

Champion Real Estate Company acquires Campus Hill Apartments near Syracuse University for $65 million

Champion Real Estate Company (Champion), announced that it has acquired Campus Hill Apartments, a 267-unit, 715-bed student housing community with a central leasing office located at 1201 Harrison Street in Syracuse, New York for...
Ardmore Cates Creek

Cushman & Wakefield arranges sale of two North Carolina multifamily properties

Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of two North Carolina multifamily communities–Ardmore King’s Grant in Charlotte and Ardmore Cates Creek in Hillsborough. Michael Saclarides, Paul Marley and...
Altamonte at Spring Valley

Trion Properties rapidly expands Florida Foothold with $49.1 million acquisition of 250-unit luxury multifamily...

Trion Properties, a multifamily investment sponsor and private equity real estate firm based in West Hollywood, California and Miami, Florida, has acquired Altamonte at Spring Valley, a 250-unit luxury multifamily community in Altamonte Springs,...
The Reserve at Brandon

Berkadia arranges acquisition financing for 982-unit apartment community in Tampa-St. Petersburg MSA

Berkadia announces it has arranged the acquisition financing for The Reserve at Brandon, a 982-unit apartment community located in Brandon, Florida, outside of Tampa. Managing Directors Brad Williamson, Matt Robbins and Scott Wadler, Senior...
Cavalli at Iron Horse Station

American Landmark acquires Fort Worth apartments

American Landmark Apartments, one of the fastest-growing multifamily owner-operators in the country, announces it has acquired Cavalli at Iron Horse Station, a brand-new, 328-unit apartment community located in the Fort Worth submarket of North...
Countryside Village

CBRE arranges sale of 448-unit community to The DSF Group in Manchester, NH for...

CBRE announced that it has arranged the $121.5 million sale of Countryside Village, a 448-unit garden style apartment community, located at 60 Village Circle Way in Manchester, New Hampshire. CBRE Capital Markets’ multi-housing experts Simon...
El Cerrito

Avison Young brokers $8 million sale of a 24-unit, rent control apartment property in...

Avison Young announced it has brokered the $8 million sale of a 24-unit rent control apartment property located at 1820 El Cerrito Place in Los Angeles. Avison Young’s Peter Sherman, John Tronson and Steven Tronson...
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