Thursday, November 28, 2024

Deal boom

Apartment deals, mergers and acquisitions

Cascade Apartments

Avison Young Brokers $45.5M Sale of a 261-Unit Apartment Property Cascade Apartments in Henderson...

Avison Young announced that the Sauter Multifamily Group, comprised of Principals Patrick Sauter, Art Carll-Tangora, Steve Nosrat and Michael Albanese based in the firm's Las Vegas office closed the $45.5 million sale ($174,330 per...
Greenview Meadows

Gindi Equities Completes Sale of Greenview Meadows in the Charlotte Metro Area

Gindi Equities announced the sale of Greenview Meadows, a 109-unit multifamily property located in Gastonia, North Carolina, for $14.5 million, or approximately $133,000 per apartment. Acquired by Gindi Equities for $10 million in February 2021,...
Cedar Ridge at Forest Lake

Berkadia Arranges Acquisition Financing for New BTR Community Cedar Ridge at Forest Lake Near...

Berkadia announced that it arranged acquisition financing for Cedar Ridge at Forest Lake, a brand-new, build-to-rent (BTR) community consisting of 70 single family homes in the fast-growing Orlando suburb of Davenport, Florida. Managing Director Brad...
Engrain

Kairos Partners with Engrain to Visualize Water Risk Mitigation in Multifamily

Kairos, a leader in advanced water risk mitigation technology, is excited to announce its partnership with Engrain, integrating its maps as a feature in its device management dashboard. With Engrain’s Unit Map technology embedded into...
Funnel

Avanti Residential Partners with Funnel to Streamline Operations and Take Care of Teams Across...

Funnel Leasing, the best AI-infused multifamily CRM, announced its newest client Avanti Residential, an experienced investor and owner-operator of lifestyle-forward multifamily communities. Avanti is rolling out Funnel's full Renter Management Software product suite —...
River’s Edge

Standard Communities Makes First Investment in Michigan with Ground-Up Affordable Community River’s Edge in...

Standard Communities, a leading national multifamily affordable housing investor and developer, is making its entry into Michigan, in a joint venture with River Caddis Development participating in a public private partnership creating a ground-up...
The Seville

The Seville Luxury Senior Living Community Now Open in San Clemente California

The Seville, an upscale, 87-unit senior rental community in San Clemente, is now open and welcoming its first residents. Managed by Orange County-based Momentum Senior Living, the community offers a vibrant and graceful lifestyle of...
Le Rivage

Institutional Property Advisors Brokers Multifamily Asset Sale of Le Rivage in Northwestern Louisiana

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Le Rivage, a 240-unit multifamily property in Bossier City, Louisiana. Built in 2013 on 16 acres, Le Rivage is a gated,...
Villas at Old Concord

TruAmerica Multifamily Expands Boston Market Portfolio with Villas at Old Concord in Billerica

TruAmerica Multifamily, a national, institutionally-focused multifamily investment firm, acquired the Villas at Old Concord, a 324-unit, apartment community in Billerica, Massachusetts, a suburb of Boston. The acquisition marks TruAmerica’s fifth investment in the Boston...
Hanover

JLL Arranges Financing for Luxury Hanover Multifamily Portfolio in Houston

JLL Capital Markets announced that it has arranged financing for Hanover Autry Park and Hanover Parkview, two luxury multifamily properties in the heart of Houston, Texas. JLL represented the borrowers, Hanover Company and Lionstone Investments, to...
Scott’s Addition

Capital Square Fully Subscribes Seventh and Launches Ninth Opportunity Zone Fund in the Scott’s...

Capital Square, one of the nation’s leading sponsors of tax-advantaged real estate investments and an active developer and manager of housing communities, announced that its offering, CSRA Opportunity Zone Fund VII, LLC, in the...
Campbell Avenue

Interra Realty Brokers 2 Multifamily Sales on Ravenswood and Campbell Avenues in Chicago’s North...

Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the sale of two separate multifamily properties in Chicago: a 10-unit apartment building at 4540 N. Ravenswood Avenue in Chicago’s Ravenswood...
Lincoln Gardens

Related Group with Miami-Dade County Celebrate Lincoln Gardens Phase Two Completion

Related Urban, the affordable arm of leading multifamily developer Related Group, together with Miami-Dade County, are set to celebrate the grand opening for the second phase of the Lincoln Gardens master redevelopment project on...
White Oak

Houston Planning Commission Approves Marquette Companies’ Commercial Development Near White Oak Music Hall

Marquette Companies, a national leader in multifamily development, announces approval from the Houston Planning Commission for its proposed commercial development located along the 2600 block of Keene Street to the south of the city’s...
Lendlease

Lendlease Completes Sale of $1.8B of Work to Consigli

Lendlease is continuing its efforts to pull out of or wrap up its international work. This month, the company completed the sale of its New York and New Jersey business and struck a deal...
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