asd
Friday, July 26, 2024

Deal boom

Apartment deals, mergers and acquisitions

Cushman & Wakefield represents Symcor Capital Properties in $43 million sale of Southwest Florida...

Cushman & Wakefield has arranged the sale of Lakes at North Point, a 312-unit, garden-style apartment community located in North Port, Florida. The value-add property sold for $43 million, or $137,821 per unit, and...

CBRE Multifamily Group sells Commons at Windsor Gardens

The CBRE Capital Markets team today announced the sale of Commons at Windsor Gardens located in Norwood, Massachusetts. The Commons at Windsor Gardens is a 914-unit 100% market-rate apartment community consisting of 682 flats and...

Cushman & Wakefield brokers multifamily portfolio sale for Kole Management Co.

Cushman & Wakefield has arranged the sale of a 13-property, 2,492-unit portfolio comprised of apartment communities throughout Georgia and North Carolina on behalf of Kole Management Co. Taylor Bird, Nelson Abels, and Robert Stickel...

$60 million multifamily asset sale brokered by Marcus & Millichap in middle Tennessee

Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of The Grand Reserve, a 290-unit multifamily community in Spring Hill,...

Levin Johnston directs two multifamily transactions totaling $23.4 million in California’s high-demand east bay...

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, has successfully directed the sale of two multifamily communities...

Fore Property strengthens its Southern California presence with opening of two new multifamily communities

Fore Property (Fore), one of the country’s top 20 largest multifamily developers, today announced the formal opening of two new multifamily communities: Arte in Rancho Cucamonga and Las Positas in Camarillo. Developed and constructed...

Cushman & Wakefield represents Equity Management Partners in $19.6 million sale of Central Florida...

Cushman & Wakefield has arranged the sale of Sterling Pointe, a rental community in Ocala, Florida, for $19.6 million. The fully occupied community is comprised of 73 single-story duplex and quadplex buildings totaling 271...

JLL arranges $34M financing for 7EMPIRE in San Jose, California

JLL announced that it has arranged $34 million in debt financing for the development of 7EMPIRE, a 97-unit, Class A, art-focused multihousing community in the Silicon Valley core. JLL worked on behalf of the developer,...

JLL secures $43M financing for Morris County, New Jersey, apartments

JLL announced today that it has arranged $43 million in financing for Signature Place, a 197-unit, luxury apartment community in Morris Plains, Morris County, New Jersey. JLL worked on behalf of Mack-Cali Realty Corporation, acting...

Marcus & Millichap arranges the sale of a 42-unit apartment building in Tampa

Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of Lexington Court, a 42-unit apartment property located in Tampa, FL,...

Avanath acquires three affordable housing properties totaling 317-units in Chicago and Maryland for $55.05...

Avanath Capital Management, LLC, a private real estate investment manager and Registered Investment Adviser, has purchased three affordable housing communities with a combined total of 317 units in Chicago and Maryland. The assets were...

Dekel Capital arranges financing for development of multifamily community in South Gate, CA

Dekel Capital, on behalf of JPI, has arranged preferred equity and construction financing in excess of $80 million for the construction of Jefferson on Imperial, a 244-unit luxury multifamily community in South Gate, CA. Jefferson...

San Marquis Apartments in Tempe sell for $58.5 million

CBRE arranged the sale of the 224-unit multifamily community San Marquis on behalf of a venture between Sequoia Equities and Mark-Taylor Residential to Acacia Capital Corporation for $58.5 million. CBRE’s Tyler Anderson, Sean Cunningham, Asher...

In ‘amenity arms race,’ Huffines Communities opens brand new amenities, bringing thoughtful, community-centered features...

Huffines Communities, a Dallas-based residential real estate development company, announced the opening of new community-centered amenities at three of its award-winning North Texas developments Heartland, Inspiration and Hebron 121 Station. Amenities like walking trails,...

PEEK Development concludes initial fundraising for two QOFs slated to deliver 168 market-rate multifamily...

PEEK Development (PEEK) has concluded its initial fundraising round for two Qualified Opportunity Fund (QOF) projects in the pre-construction phase in the City of Orange. PEEK Reock I QOF, LLC and PEEK Reock II...
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