Deal boom

Institutional Property Advisors (IPA), a division of Marcus & Millichap, has announced the sale of Aperture, an 83-unit luxury multifamily community with approximately 6,600 square feet of retail space. Aperture is in San Bruno,...

JLL Capital Markets announced that it has arranged $30 million for the development of Roystone, a 93-unit, boutique multihousing project with ground-floor retail in Seattle’s desirable Lower Queen Anne neighborhood. JLL worked on behalf of...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced today the sale of Deer Creek Village, a 308-unit multifamily complex in North Phoenix. The $49.5 million sales price represents $160,714 per unit. “Thoughtfully...

Draper and Kramer, Incorporated, a national real estate services firm, today announced it has expanded its Texas multifamily portfolio with the acquisition of Crest at Las Colinas Station, a 374-unit luxury rental community in...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced today the sale of Mountain Park Ranch Apartments, a 240-unit multifamily asset in the Ahwatukee Foothills Village of Phoenix, Arizona. “Mountain Park has a...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced today the sale of Strayhorse Arrowhead Ranch, a 136-unit boutique multifamily community in Glendale, Arizona. The property sold for $31.2 million, or $229,412...

Multifamily investment firm Magma Equities in joint partnership with Henley Investments has closed on its second apartment acquisition in the Raleigh, NC metro in the past three months, with the $26 million off-market purchase...

Cushman & Wakefield has arranged the sale of Ridgecrest Park Apartments, a 275-unit, garden-style multifamily asset in Daytona Beach. The property sold for $25.1 million and presents significant value-add potential. Executive Managing Director Mike Donaldson...

Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of Sunrise Apartments, a 44-unit apartment property located in Saint Petersburg,...

Mesa West Capital has provided the acquisition financing for a two-property multifamily portfolio in the Seattle-Tacoma metro and a 345,000-square-foot industrial complex in Denver, CO and, in separate transactions totaling $109.8 million. Mesa West Capital...

Pathway to Living, a Chicago-based developer, owner and operator of seniors housing communities and the seniors housing arm of Chicago-based real estate investor and operator Waterton, has acquired The Sheridan at Windermere, a 118-unit...

Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $2.1 million acquisition of a 12-unit, value-add apartment property located at 1135 Dawson Avenue in Long Beach, CA. Robert Stepp...

Transwestern Investment Group and S2 Capital LLC today announce the sale of The Morgan, a 464-unit multifamily community. Denver-based PaulsCorp LLC (Pauls) acquired the property at 1611 Oak Creek Lane in Bedford, Texas. “We acquired The...

CBRE announced the sale of Country Club Garden Apartments located at 57 Mill Street in Woburn, Massachusetts, for $59,550,000. CBRE Capital Markets’ multihousing experts Simon Butler and Biria St. John exclusively represented the seller, Ninety Three...

Housing Trust Group (HTG), one of the nation’s largest developers of affordable housing, has closed on financing and will be breaking ground at the end of January on its newest affordable housing development in Florida:...