Berkadia secures $17.5 million of JV equity for acquisition of 242-unit apartment community near...
Berkadia announces it has secured a JV equity partner for the off-market acquisition of Wildcreek Apartments, a 242-unit Class B apartment community located in Clarkston, Ga. Chinmay Bhatt, Noam Franklin and Cody Kirkpatrick of...
Castle Lanterra Properties sells Arbors at Smyrna
Castle Lanterra Properties (CLP), a New York-based national real estate investment firm, today announced the sale of the 340-unit Arbors at Smyrna in Smyrna, Georgia. CLP acquired the residential community located just northwest of...
Cushman & Wakefield arranges sale of 565 Hank on behalf of Carter and Kayne...
Cushman & Wakefield announced the commercial real estate services firm has arranged the sale of 565 Hank, a 306-unit apartment community located in Atlanta, Georgia’s Summerhill neighborhood.
Robert Stickel, Alex Brown, and Michael Kay of...
ECI Group expands Florida portfolio with acquisition of Makara Orlando Apartments
ECI Group announces its acquisition of Makara Orlando Apartments, a 228-unit, nine-building, Class A apartment community in rapidly growing East Orlando. The community was developed by RangeWater Real Estate and delivered in mid-2021.
“This exchange-driven...
Sheldon Butte multihousing community in Oregon sells for $35.75 million
JLL Capital Markets announced that it has closed the $35.75 million sale of Sheldon Butte, a 176-unit, garden-style, value-add apartment community in Eugene, Oregon.
JLL represented the seller, Cumberland Holdings, LLC. Clear Capital, LLC acquired the...
Davlyn Investments acquires Chandler apartment community
Davlyn Investments, a prominent California-based, multifamily investment firm, recently closed escrow on the $114,385,000 purchase of Trevi a 290-unit, Class A, luxury multifamily community, constructed in 2005, located in Chandler, Arizona. This is Davlyn’s...
ZMR Capital acquires multifamily community in Orlando for $48 million
Real estate investment firm ZMR Capital (ZMR) has acquired Reserve at Conway, a 220-unit multifamily community in the Orlando, Fla. submarket of Conway in an off-market transaction for $48 million.
ZMR has been in the...
Tower 16 Capital Partners acquires a 160-unit multifamily property in Phoenix for $30.4 million
San Diego-based Tower 16 Capital Partners has acquired Park 67 Apartments, a 160-unit multifamily property located in Glendale, Ariz., for $30.4 million. The Park 67 Apartments project was built in 1973 and was acquired...
Becovic acquires 19-unit Courtyard Building in Rogers Park for $2.2 million
Becovic, a Chicago-based multifamily owner and operator, adds another Rogers Park property to its portfolio. The company announced the closing of The Clark Rogers, a 19-unit courtyard building located at 7417-27 N. Clark Street....
FCP announces sale of Townsend Square apartments in Fredericksburg, Virginia
FCP announces the sale of Townsend Square Apartments in Fredericksburg, Virginia to Acento Partners. The 200-unit apartment community was acquired by FCP in May 2014.
“Townsend Square received a number of improvements under FCP’s ownership, including...
Newmark arranges sale of 149-unit trophy multifamily property in Urban San Antonio
Newmark announces the sale of Magnolia Heights, a 149-unit, mid-rise, trophy multifamily property in Alamo Heights, Texas, a suburb of San Antonio. Newmark Vice Chairman Patton Jones and Managing Director Matt Michelson represented the seller,...
Downtown Biddeford’s iconic Pepperell Mill changes hands with new ownership
Presidium, a fully-integrated real estate firm, whose Maine partners have a long and respected history of development in Maine, has acquired the Pepperell Mill Campus, with plans to rejuvenate and enhance the property. Located...
Cushman & Wakefield arranges sale of Branson multifamily community
Cushman & Wakefield announced the commercial real estate services firm has arranged the sale of Bee Creek, a 224-unit multifamily community located in Branson, Missouri.
Martin Bynum of Cushman & Wakefield represented the seller, Bee...
Marcus & Millichap sells 39-unit apartment property near SoLé Mia development for $7 million
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Glady's Apartments in North Miami Beach, a 39-unit apartment property located...
Institutional Property Advisors closes iconic Wilshire Boulevard multifamily sale in Los Angeles for $45.5...
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Wilshire Royale, a 193-unit multifamily asset with 8,933 square feet of ground floor retail in Los Angeles, California’s Westlake District....
