Monday, May 19, 2025

Deal boom

Apartment deals, mergers and acquisitions

Mayfair Apartments

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...
Misty Ridge

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...
The Hamptons Statesboro

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,...
Metro West 130

$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...
Lincoln Gardens Apartments

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...
Westover Parc Apartments

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...
The Russell Apartments

SB Real Estate Partners enters Las Vegas multifamily market with $67 million acquisition near...

SB Real Estate Partners (SBREP) has acquired The Russell Apartments, a 241-unit garden-style apartment home community for $67.0 million, marking the California-based multifamily investment firm’s entry into the Las Vegas real estate market. The Russell...
The Baxly

Cushman & Wakefield arranges multifamily sale on behalf of Spandrel Development and Confidential Partner

Cushman & Wakefield announced the commercial real estate services firm has arranged the sale of The Baxly, a 275-unit apartment community located in Savannah, Georgia. Robert Stickel, Taylor Bird and Alex Brown of Cushman &...
Avery on the Green

Decron Properties acquires multifamily community in Phoenix for $125.25 million

Multifamily investment firm Decron Properties added to its rapidly expanding footprint in the Phoenix MSA with the purchase of Avery on the Green, a 324-unit multifamily property in the submarket of Chandler, Ariozona for...
Cordevalle

Newmark arranges sale of 280-unit luxury multifamily asset in suburban Austin, Texas

Newmark announced that it has completed the sale of Cordevalle, a 280-unit luxury multifamily asset located at 650 Louis Henna Boulevard in Round Rock, Texas. Newmark Vice Chairman Patton Jones and Managing Director Andrew Dickson...
Meridian at the Port

Cushman & Wakefield arranges multifamily sale on behalf of Bristol Mobile Partners

Cushman & Wakefield announced the commercial real estate services firm has arranged the sale of Meridian at the Port, a 267-unit apartment community located in Downtown Mobile, Alabama. Jimmy Adams and Craig Hey of Cushman...
Broadstone McKinney

Castle Lanterra acquires Broadstone McKinney multifamily community in historic downtown McKinney, Texas

Castle Lanterra Properties (CLP), a New York-based national real estate investment firm, today announced the acquisition of Broadstone McKinney, a newly developed 255-unit suburban multifamily community located minutes from bustling Historic Downtown McKinney, Texas....
Park Knoll Apartments

160-unit multifamily community trades for $25 million in Sacramento

Transwestern Real Estate Services (TRS) announces the team of Shivu Srinivasan, Robert Dau, Dante Giacomini and Connor McGarty represented both parties in the sale of Park Knoll Apartments, a 160-unit multifamily community at 10680...
Frontal Trust Portfolio SFR South Florida

Berkadia arranges financing for acquisition of Frontal Trust’s single-family rental portfolio in Miami-Dade County

Berkadia announces it has arranged a $17.15 million loan for the acquisition of 125 condos and single-family homes located within Miami-Dade County, Florida. The majority of the assets are located in Homestead and include...
Palmette Pointe Apartments

American Landmark acquires new luxury apartments in San Antonio, Texas

American Landmark Apartments, one of the fastest-growing multifamily owner-operators in the country, announces it has acquired Palmette Pointe Apartments, a 328-unit apartment community located in the northwest section of San Antonio, Texas, in the...
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