Wednesday, February 21, 2024

Deal boom

Apartment deals, mergers and acquisitions

NICAR and RealConnex announce partnership to accelerate sales for commercial real estate brokers

RealConnex, the largest social media networking platform for CRE professionals, and the Northern Illinois Commercial Association of REALTORS (NICAR) are pleased to announce a partnership which allows NICAR members to set up broker profiles...

Mezzo Apartment Homes breaks ground in Virginia Beach

S. L. Nusbaum Realty Co. is pleased to announce the development of Mezzo Apartment Homes, a 282 unit market-rate apartment community in Virginia Beach, VA. This development is a joint venture between S.L. Nusbaum...

Four community-based designers selected for Enterprise Rose Architectural Fellowship

Enterprise Community Partners, Inc. (Enterprise) announced today the new class of Enterprise Rose Architectural Fellows. Partnering emerging architectural designers with community developers for three years, the award-winning fellowship is the premiere opportunity to build...

MRA predicts heavier than usual demand for skilled metal roofing installers this spring

With a hot U.S. housing market and still-favorable interest rates, the Metal Roofing Alliance (MRA) is predicting a heavier than usual demand for qualified metal roofing installers and contractors for spring 2018. For homeowners planning...

Oakwood expands “Oakwood Apartments” portfolio of branded properties

Oakwood Worldwide, the global leader in furnished and serviced apartments, is rapidly growing its portfolio of Oakwood Apartments branded properties in Asia with the portfolio’s total inventory expected to nearly double to a total...

Westside Estate Agency, WEA, lists late Paramount chief Brad Grey’s Holmby Hills estate for...

Westside Estate Agency, WEA, lists late Paramount chief Brad Grey’s Holmby Hills estate for $77.5 million Located in Holmby Hills on Carolwood Drive emerges the Grey Estate. Gates draw open and spill onto a picturesque...

March 13 bid deadline set for Cold Spring Hills, N.Y., development site

Cushman & Wakefield has announced March 13 as the bid deadline for a 13.28-acre multifamily development opportunity in Cold Spring Hills. Set between the prestigious Cold Spring Country Club and famed Oheka Castle, the...

Interra Realty Brokers $13.7 million deconversion sale near Wrigley Field

Interra Realty, a Chicago-based commercial real estate investment services firm, today announced it brokered the $13.7 million deconversion sale of 3264-70 N. Clark St., a mixed-use building in Chicago’s Lakeview neighborhood. The buyer, Chicago-based...

The Grand at SkyView Parc reveals the Grand Three Units

The Grand at SkyView Parc, made up of three residential towers located in the heart of Flushing, recently unveiled new residences in their Grand Three tower. The residences were furnished by interior designers with pieces...

North Texas multifamily asset trades hands all cash

Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, announced the sale of Parkside Townhomes, a 144-unit multifamily asset in Arlington, Texas. The sale...

Alpha Wave Investors sells 67-unit apartment community in Tucson, AZ

Alpha Wave Investors, a private equity investment firm specializing in opportunistic and value-add multifamily and hospitality assets in the Western U.S., has announced the sale of Sycamore Cove, a 67-unit apartment property in the...

$49.7 million two-property multifamily portfolio sale brokered by IPA

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces the sale of Avery Park Apartments and Bennington Apartments, a two-property, 268-unit multifamily portfolio in Fairfield, California. The $49,700,000 sales price equates to...

Community Preservation Corporation announces partnership with Xenolith Partners LLC to invest in affordable housing...

The Community Preservation Corporation (CPC) announced today it is committing up to $3 million to Xenolith Partners LLC (Xenolith), a certified minority- and women-owned business enterprise (M/WBE) company focused on developing affordable housing. CPC’s...

Castle Lanterra sells Midpointe Apartments in Chicago for $49.5 million

Castle Lanterra Properties (CLP) today announced the sale of Midpointe Apartments, a 424-unit multifamily property in Chicago’s southwestern corner, to a well-known fund manager. CLP originally purchased the property in April 2014 for $28.5...

Marcus & Millichap brokers $29.25 million sale of 400-bed student housing community in Champaign,...

Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of a 400-bed student housing community at 512 S. Third St....
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