$90.4 million in capital secured for Opportunity Zone multihousing development near Denver
JLL Capital Markets announced that it has arranged $90.4 million in combined joint venture equity and construction financing for Claro at High Point, a 365-unit, Class A, garden-style multihousing development in an Opportunity Zone...
CBRE announces the sale of The Tannery in Glastonbury, Connecticut
CBRE announced the sale of The Tannery, a 250-unit Class A apartment community in Glastonbury, Connecticut. The CBRE team of Jeffrey Dunne, Simon Butler, Biria St. John, and John Mclaughlin represented the seller, a...
Joint venture between PCCP, LLC and Trion Properties acquires Loft 9 Apartments, a 418-unit...
A joint venture of PCCP, LLC and Trion Properties announced the acquisition of Loft 9 Apartments, a 418-unit low-rise apartment community located at 11100 E Dartmouth Avenue in Denver, CO.
Built in phases between 1975...
CPP Housing undergoes $46.3 million affordable housing project in Raleigh, North Carolina
Community Preservation Partners (CPP), one of the nation’s most active affordable housing preservation developers, announced the acquisition of Chandler Ridge Apartments, a 228-unit mixed-income community in Raleigh, North Carolina for $26 million. Purchased with...
Cushman & Wakefield arranges sale on behalf of Middleburg Communities
Cushman & Wakefield announced the commercial real estate services firm has arranged the sale of Mosby University City, a 309-unit apartment community located in Charlotte, North Carolina.
Marc Robinson, Michael Saclarides and Robert Stickel of...
Institutional Property Advisors closes North Central Phoenix area multifamily sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of The Halifax, a 300-unit multifamily asset in Phoenix, Arizona. The $76 million sales price represents $253,333 per unit.
“Nearby high-priced single-family...
Fogelman completes acquisition of 240-unit multifamily community in Anderson, South Carolina
Fogelman Properties, one of the country’s largest, privately-owned and fully integrated multifamily investment and property management companies, is pleased to announce the acquisition of Walden Oaks, a 240-unit apartment community in Anderson, South Carolina.
Built...
Levin Johnston completes $15.8 million sale of 24-unit multifamily community in Redwood City, California
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 announced the sale of Farm Hill Manor, a...
Avanath Capital Management expands Boston-area reach with acquisition of 11-building, 73-unit affordable housing portfolio...
Avanath Capital Management, LLC, a private real estate investment manager and Registered Investment Adviser, has expanded its reach in the Boston area with the acquisition of Logo Apartments, an affordable housing portfolio in Roxbury,...
Affordable Housing Investment Brokerage advises on $2.5 million purchase of project-based, Section 8 Missouri...
Affordable Housing Investment Brokerage Inc. (AHIB) recently advised a national affordable housing developer in the purchase of a 60-unit multifamily building totaling $2.5 million in Kansas City, Missouri.
Built in 1925, Mayfair Apartments, located at...
Luxury multihousing community near Portland trades for $44 million
JLL Capital Markets announced that it has closed the $44 million sale of Misty Ridge, a 103-unit, garden-style multihousing community in Happy Valley, Oregon, in the Portland MSA.
JLL marketed the property on behalf of...
Marcus & Millichap closes student housing asset sale in Southeastern Georgia
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of The Hamptons Statesboro, a 237-unit, 668-bed student housing asset in Statesboro,...
$136 million trade of Class A multihousing portfolio on Long Island closes
JLL Capital Markets announced that it has closed the $136 million sale of a multihousing portfolio consisting of two Class A communities totaling 316-units in West Hempstead and Hempstead, New York.
JLL marketed the properties on...
Marcus & Millichap brokers sale of Lincoln Garden Apartments portfolio in Hollywood for $7.85...
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of Lincoln Gardens Apartments, a 53-unit apartment property currently being operated...
ABI Multifamily brokers 160-unit Far West Phoenix multifamily apartment community for $41.625 million
ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $41,625,000 / $260,156 Per Unit / $284.71 Per SF sale of Westover Parc Apartments, a...
