StoryBuilt and IHP Capital Partners form $44 million real estate joint venture
StoryBuilt, an urban residential and commercial community developer, and IHP Capital Partners, one of the nation's most prominent providers of equity financing for residential real estate development, announced a $44 million real estate joint...
Institutional Property Advisors completes multifamily sale outside of downtown Boise
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Prelude at Paramount, a 280-unit core multifamily asset located in Meridian, Idaho.
“Prelude at Paramount is located just 12-miles from Downtown...
Institutional Property Advisors completes Austin area apartment asset sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of 22 North, a 240-unit multifamily asset located 20 miles northwest of Austin in Leander, Texas.
“Austin’s technology scene is often referred...
Another large multihousing community in suburban Chicago trades to NYC investor
JLL Capital Markets announced that it has closed the sale of City View at the Highlands, a 403-unit, luxury, value-add, mid-rise apartment building located in the Chicago suburb of Lombard, Illinois.
JLL represented the sellers, a...
$47M multihousing property near Portland sells
JLL Capital Markets announced that it has closed the $47 million sale of Summit at Hyland Park, a 137-unit, value-add, garden-style multihousing community located in Beaverton, Oregon.
JLL represented the seller, DB Capital Management. FPA...
Institutional Property Advisors brokers Salt Lake City multifamily sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of The Morton, a 137-unit multifamily asset in Salt Lake City, Utah.
“The Morton provides connectivity and convenience, and its modern, mid-rise...
Multihousing community in Northeastern New Jersey refinanced for $35.9 million
JLL Capital Markets announced that it has arranged a $35.9 million refinancing for Hudson Square North, a 150-unit, transit-oriented, high-rise multihousing community with 2,739 square feet of retail space in Hoboken, New Jersey.
JLL worked...
Marcus & Millichap completes West Fort Worth apartment property sale
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of The Villas at Cantamar, a 265-unit apartment property located in...
Institutional Property Advisors closes $65.5 million multifamily asset sale in Tucson
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Yardz on Kolb, a 410-unit multifamily asset in Tucson, Arizona. The property traded for $65.5 million, or $159,756 per unit.
“Yardz...
Institutional Property Advisors closes $80 million San Bernardino County apartment asset sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of The Benson, a 236-unit multifamily property in Upland, California. The asset sold for $80.75 million, or $342,161 per unit.
“The Benson...
Davlyn Investments acquires North Las Vegas apartment community
Davlyn Investments, a prominent California-based, multifamily investment firm, recently closed escrow on the $77,000,000 purchase of Sonata, a 312-unit, Class A, multifamily community in North Las Vegas, Nevada that was constructed in 2009. This...
CP Capital US and Trammell Crow Residential announce sale of Alexan 335 project in...
A joint venture of CP Capital, a highly disciplined U.S. real estate manager specializing in multifamily investments, and Trammell Crow Residential (TCR), a premier multifamily real estate company with nearly 40 years of experience...
Newmark arranges sale of 323-unit trophy mid-rise multifamily asset in North Central San Antonio
Newmark announces it has completed the sale of The Standard at Legacy, a 323-unit, mid-rise, trophy multifamily asset located at 1938 E. Sonterra Boulevard in the Stone Oak area of San Antonio, Texas.
Newmark Vice Chairman...
Moline Management, LLC acquiers 214 unit mature LIHTC portfolio
Moline Investment Management (MIM), an affordable and market-rate housing specialist investment manager focused on the development, redevelopment, ownership, and operation of multifamily assets across the Midwest and Central U.S. has acquired a 214-unit mature...
Clark Ventures sells Sandy Springs Community for $132.6 million
Clark Ventures, a privately-held firm specializing in the acquisition, operation and development of upscale apartment communities, has sold Park at Abernathy Square for $132.6 million.
The Cushman & Wakefield team of Mike Kemether, Travis Presnell...
