Angelo Gordon and the Donaldson Group sell D.C. high rise for $65.75 million
Transwestern Real Estate Services (TRS) announces its Mid-Atlantic Multifamily Group has brokered the sale of Plaza Towers, a 288-unit, high-rise apartment complex at 6700 Belcrest Road in Hyattsville, Maryland. The Donaldson Group and New...
Multihousing community near Tampa refinanced with $53.77 million loan
JLL Capital Markets announced that it has arranged a $53.77 million refinancing for The Grove at South Shore, a 340-unit, garden-style apartment community in Riverview, Florida.
JLL worked on behalf of the borrower, Beachwold Residential,...
Trion Properties continues investment in Northern California market with acquisition of six multifamily communities...
Trion Properties, a private equity real estate firm based in West Hollywood, California and Miami, Florida specializing in multifamily investments, has acquired six multifamily communities totaling 347 units in the Sacramento, California area for...
Mesa West provides The Preiss Company with $97.7 million to finance acquisition of two...
Mesa West Capital has provided a joint venture between The Preiss Company (TPCO) and an institutional equity partner with $97.7 million in first mortgage debt to finance two separate multifamily acquisitions in Raleigh, NC....
Berkadia arranges acquisition loan for 144-unit built to rent community in Kyle, Texas
Berkadia announces it has secured financing for the acquisition of Urbana at Plum Creek, a 144-unit single family, built-to-rent community in Kyle, Texas. Managing Director Scott Wadler of Berkadia Miami and Senior Director Matt...
Next Wave acquires 160-unit multifamily community in Prescott, Arizona for $58 million
Next Wave Investors, LLC (Next Wave), a private equity firm focused on value-add multifamily investments, has acquired Willow Creek Apartments, a 160-unit garden-style apartment community in Prescott, Arizona, for $58 million.
The firm has been...
Berkadia arranges sale and financing of boutique residential high-rise in Miami’s Wynwood Neighborhood
Berkadia announces it has arranged the sale and financing of Wynwood Bay, a 156-unit residential high-rise located in the Wynwood submarket of Miami, Fla. Senior Managing Directors Roberto Pesant and Jaret Turkell, along with...
Developer buys $29 million trophy value-add property near Sunset Strip in West Hollywood
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Terraces at La Cienega, a 42-unit apartment property located just steps from the world-famous Sunset Strip in West Hollywood, California.
Paul...
Institutional Property Advisors negotiates metroplex multifamily asset sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of The Jameson at the Bluffs, a 387-unit multifamily asset in Fort Worth, Texas.
“Positioned within the Samuels Avenue historic neighborhood, The...
$84.35 million sale of multihousing community near Boston closes
JLL Capital Markets announced that it has closed the $84.35 million sale of and arranged $60.9 million in acquisition financing for Eliot on Ocean, a 194-unit, transit-oriented, Class A multihousing community in the greater...
$45.5 million refinancing secured for Village Manor and Palisades Manor
JLL Capital Markets announced that it has arranged $45.5 million in financing for two multihousing properties totaling 321 units in the northern New Jersey communities of Nutley and Palisades Park, New Jersey.
JLL worked exclusively...
Avison Young brokers $15.5 million sale of 2651-2657 Broadway
Avison Young’s New York office announced that it has arranged the sale of 2651-2657 Broadway, a mixed-use building on the corner of Broadway and West 101st Street in New York. The 36,730-square-foot (sf) Upper...
Indianapolis multihousing community refinanced for $26.872 million
JLL Capital Markets announced that it has arranged a $26.872 million refinancing for The Lakes Apartments, a 232-unit multihousing community in Indianapolis, Indiana.
JLL worked on behalf of the borrower, NTS Development Company, Louisville, KY,...
CBRE arranges sale of 111-unit mixed-use multifamily community in Quincy, Massachusetts
CBRE announced that it has arranged the sale of The Residences at Munroe Place, a 111-unit apartment community with ground floor retail located at 1205 Hancock Street in Quincy, Massachusetts.
CBRE Capital Markets’ multihousing experts...
Eagle Property Capital and Promecap launch value-add multifamily investment fund
Eagle Property Capital Investments, LLC (EPC), a vertically integrated real estate investment manager focused on the value-add multifamily space, announces that it has teamed up with Promecap, a leading private equity firm based in Mexico...
