American Landmark acquires Charlotte apartments
American Landmark Apartments, one of the fastest-growing multifamily owner-operators in the country, announces it has acquired the Delaney Apartments in Concord, a suburb to the northeast of Charlotte, N.C. The property has been renamed...
Stepp Commercial completes $6.3 million sale of a 16-unit apartment property in the 4th...
Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $6.3 million sale of a 16-unit apartment property located at 445-455 Rose Avenue in the 4th Street / Retro...
SB Real Estate Partners acquires Bloom 24 Apartments in Phoenix for $34.2 million
SB Real Estate Partners (SBREP) has acquired Bloom 24, a 114-unit garden style multifamily community in Phoenix, Arizona for $34.2 million.
While recently selling two of its Phoenix properties for nearly $100 million, SBREP remains...
Kiser Group brings The Mabel Exchange to market in Edgewater
Kiser Group, Chicagoland’s leading multifamily brokerage firm, presents the sale of The Mabel Exchange. Located at 5920 N. Ridge Avenue, The Mabel Exchange is a mixed-use property in Edgewater’s Andersonville neighborhood, recently ranked the...
Marcus & Millichap arranges the sale of a 14-unit apartment building in Lisle, Illinois
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research, and advisory services, announced the sale of 1014 Burlington Avenue, a 14-unit apartment property located in Lisle, Illinois,...
Institutional Property Advisors brokers Fort Worth multifamily asset sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Alexan Summit, now known as The Drake on Summit, a 372-unit multifamily property in Fort Worth, Texas.
“Alexan Summit is a...
$23.2 million in refinancing secured for a multihousing community near Albany
JLL Capital Markets announced that it has arranged a $23.2 million refinancing for Elm Estates, a 197-unit multihousing community located near Albany in Selkirk, New York.
JLL worked on behalf of the borrower, Tower Management...
CBRE arranges sale of 304-unit multifamily community in Milford, MA for $87 million to...
CBRE announced that it has arranged the $87 million sale of Rolling Green Apartments, a 304-unit garden style apartment community, located at 1 Rolling Green Drive in Milford, Massachusetts.
CBRE Capital Markets’ multihousing experts Simon...
Standard Communities leads public-private partnership transitioning 230 market rate units to middle-income housing in...
Standard Communities, a leading affordable housing investor and developer,has led a public-private partnership that acquired Millennium South Bay Apartments, a 230-unit community in Hawthorne, Calif., utilizing California's innovative public-private partnership structure designed to facilitate...
Cushman & Wakefield arranges $37.75 million sale of Canopy Creek multifamily property in Jacksonville
Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of Canopy Creek, a 288-unit multifamily community located at 11291 Harts Rd. The final transaction price was $37.75 million,...
SKS, MRK acquire 198-unit Gaithersburg, Maryland apartment community for $51.5 million
Newly launched SKS Realty Partners of Rockville, MD has joined with MRK Partners of Los Angeles, CA to acquire Amber Commons, a 198-unit garden apartment community in Gaithersburg, Maryland, for $51.5 million. Over the...
Institutional Property Advisors brokers multifamily asset sale in Northeast Phoenix
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Portola at Grovers Park, a 141-unit multifamily asset in Phoenix, Arizona. The $36.6 million sales price equates to $259,574 per...
Berkadia arranges sale of two multifamily properties in Houston, Texas
Berkadia announces it has arranged the sale of two workforce multifamily properties in a Qualified Opportunity Zone (QOZ) in Houston, Texas. Managing Directors Joey Rippel, Chris Young and Jeffrey Skipworth, Director Kyle Whitney, and...
UIP, Churchill Living acquire 300-unit apartment tower across from Amazon HQ2
An affiliate of The UIP Companies, Inc. (UIP) and an affiliate of Churchill Living (CRE) have acquired The Millennium, a 300-unit apartment community directly across Metropolitan Park from Amazon’s new HQ2. The 19-story tower...
JLL arranges $318.45 million financing for six-property multihousing portfolio
JLL’s Capital Markets group announced that it secured a $318.45 million acquisition loan for a six-property, 1,494-unit multihousing portfolio located across Maryland, Virginia and Alabama.
JLL represented the borrower, Carter Multifamily, to secure the floating-rate,...
