CBRE arranges sale of apartment community in South Portland, Maine
CBRE announced that it has arranged the sale of Redbank Village and Liberty Commons, a 620-unit townhouse and garden-style apartment community located at 62 MacArthur Circle East in South Portland, Maine, for an undisclosed...
SB Real Estate Partners acquires multifamily community in Las Vegas, Nevada for $73.1 million
SB Real Estate Partners (SBREP) has made its second multifamily investment in the Las Vegas MSA over the past seven weeks with the $73.1 million off-market acquisition of St. Croix Apartments, a 256-unit garden-style...
Westport Properties sells multifamily community in Glendale, Arizona for $30.4 million
Westport Properties, a premier owner/operator of self storage and multifamily properties nationally, announced that it has sold Park 67, a 160-unit multifamily community in Glendale, Arizona under the entity Vertex Glendale, LLC to an...
Berkadia arranges sale of 1,556-unit workforce housing portfolio in Houston
Berkadia announces it has arranged the sale of the Houston value-add multifamily portfolio, a four-property portfolio consisting of 1,556 apartment units in three suburbs of Houston. Managing Directors Joey Rippel, Chris Young and Jeffrey...
Berkadia arranges sale and finance of value-add apartment community in Central Houston
Berkadia announces it has arranged the sale and financing of Turtle Pointe, a 432-unit garden-style multifamily asset located in Houston, Texas. Senior Managing Director Todd Marix and Chris Curry, along with Managing Directors Jeffrey...
Cushman & Wakefield arranges sale of apartment community in Metro Atlanta
Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of IMT Sandy Springs, a 230-unit apartment community located in Sandy Springs, Georgia.
Robert Stickel, Alex Brown and Michael Kay...
Middleburg Communities announces $76.03 million sale of Mosby Carolina Forest in Myrtle Beach, South...
Middleburg Communities, a Vienna, Virginia-based real estate investment, development and management firm announces the $76.03 million sale of Mosby Carolina Forest, a 332-unit Class A apartment community at 915 Brentmoor Drive in Myrtle Beach,...
ECI Group acquires Conyers, Georgia site for development of 300-unit apartment community
ECI Group (ECI) has closed on a development site at the intersection of Courtesy Parkway and Old Covington Highway in Conyers, GA and will start construction in January 2022 on a 300-unit apartment community,...
Mid-rise apartment buildings sell for $116.2 million in Williamsburg, Brooklyn
JLL Capital Markets announced that it has closed the $116.2 million sale of 247N7, a 169-unit, 151,766-square-foot, two-building multihousing property located at 247 N. 7th St. in the Williamsburg neighborhood of Brooklyn.
JLL marketed the...
Institutional Property Advisors negotiates $48 million senior resident multifamily asset sale in Central Coastal...
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Villa del Sol, 197-unit, age 55-plus seniors apartment complex in Santa Maria, California. The property sold for $48 million, which...
WPC acquires three College Park, Maryland apartment communities for $14 million
Washington Property Company (WPC) has acquired an 81-unit portfolio comprising three low-rise apartment communities near the University of Maryland-College Park (UMCP) for $14 million.
The seller, JE Smith Corporation, was represented by CBRE’s Bill Roohan,...
Institutional Property Advisors closes North Dallas apartment asset sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Switchyard Apartments, a 234-unit, transit-oriented asset in Downtown Carrollton, Texas.
“Strategically located at the intersection of Interstate 35E and Belt Line...
Trez Capital commits USD $33.3 million to an equity investment in Austin, Texas for...
Trez Capital announces the closing of a USD $33.3 million equity investment in partnership with Thompson Realty Capital, LLC for the development of a garden-style multifamily project in Austin, Texas. The project has a...
Intercontinental Real Estate Corporation acquires 376-unit apartment community in Phoenix, Ariz. for $126 million
Intercontinental Real Estate Corporation (Intercontinental) has acquired Garden Grove Apartments, a 376-unit garden-style apartment complex in Tempe, Ariz. for $126 million. The acquisition marks Intercontinental’s fifth acquisition in Phoenix.
Garden Grove Apartments is located at...
Avison Young brokers $69.2 million sale of 10 Light, an iconic 36-story luxury apartment...
Avison Young announced it has brokered the $69.2 million sale of 10 Light, an iconic 36-story high-rise asset that includes 419 luxury apartment homes and 41,785 square-feet of ground floor retail space in downtown...
