Lynd Living acquires value-add apartment community in Austin, Texas for $46.6 million
Lynd Living, a Texas-based multifamily investor, developer and operator, has acquired its fourth property in Austin, Texas in the past 20 months. On October 28, Lynd Living, in partnership with an institutional buyer, closed...
Stepp Commercial completes $3.95 million acquisition of a 16-unit apartment property in Downey, California
Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $3.95 million acquisition of a 16-unit apartment property located at 11502 to 11506 Adco Avenue in Downey, Calif.
Stepp Commercial’s...
PCCP, LLC provides $40 million senior loan to Carmel Partners for the acquisition of...
PCCP, LLC announced it has provided a $40 million senior loan to an affiliate of Carmel Partners for the acquisition of One38 Apartments, a 101-unit apartment community located adjacent to the San Jose Convention...
Middleburg Communities announces $63.8 million sale of Mosby at Riverlights in Wilmington, North Carolina
Middleburg Communities, a Vienna, Virginia-based real estate investment, development and management firm announces the $63.8 million sale of Mosby at Riverlights, a 250-unit Class A apartment community at 4027 Watercraft Ferry Avenue in Wilmington,...
CBRE arranges sale of 331-unit Seven Springs community in Burlington, Massachusetts
CBRE announced that it has arranged the sale of Seven Springs, a 331-unit luxury, garden-style apartment community located at 1 Seven Springs Lane in Burlington, Massachusetts.
CBRE Capital Markets’ multihousing experts Simon Butler, Biria St....
Interra Realty brokers $5.2 million sale of mixed-use building in Chicago’s Southport corridor
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it negotiated the $5.2 million sale of 3546 N. Southport Ave., a mixed-use property with 21 apartments and two commercial spaces in the...
Cushman & Wakefield arranges $30.3 million loan on behalf of Gindi Equities
Cushman & Wakefield announced that the commercial real estate services firm has arranged a $30.3 million acquisition loan on behalf of Gindi Equities for Chapel View, a 224-unit apartment community located in Chapel Hill,...
The Multifamily Group brokers 350 units in Lubbock, Texas
The Multifamily Group (TMG), a Dallas-based commercial real estate brokerage firm, announced this week that it had facilitated the sale of a portfolio of assets in Lubbock, Texas. Jon Krebbs represented the seller, and...
Institutional Property Advisors closes $59.5 million San Diego County multifamily asset sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Sycamore Hills Village, 155-unit multifamily asset in Vista, California. The property sold for $59.5 million, or $383,870 per unit.
“The acquisition...
Sale of Portland area multihousing community closes
JLL Capital Markets announced that it has closed the sale of and arranged acquisition financing for Seven West at the Trails (Seven West), a 423-unit, garden-style multihousing community in the Portland suburb of Beaverton,...
ABI Multifamily brokers 78-unit East Mesa assisted living community for $3.8 million
ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $3,800,000 / $48,718 Per Unit / $61.32 Per SF sale of Copper Heights Assisted Living...
Cushman & Wakefield arranges $75 million loan on behalf of Middleburg Communities
Cushman & Wakefield announced that the commercial real estate services firm has arranged a $75 million refinance loan on behalf of Middleburg Communities for a three-property apartment community portfolio totaling 1,154 units.
Blake Cohen, Mike...
Kiser Group advises on $1.22 million sale of 16-unit multifamily building in Rolling Meadows,...
Kiser Group, Chicagoland’s leading multifamily brokerage firm, announced the sale of 2341 Algonquin Road, a 16-unit multifamily building in Rolling Meadows, Illinois. The property sold for $1,225,000. Kiser Group Directors Matt Halper and Danny...
Tower 16 Capital Partners acquires a 330-unit multifamily property in the Inland Empire for...
San Diego-based Tower 16 Capital Partners has acquired Sorelle Apartments, a 330-unit multifamily property located in Moreno Valley, Calif., for $85 million. The Sorelle Apartments project was built in 1986 and was acquired from...
Cushman & Wakefield arranges $33.65 million loan on behalf of Middleburg Communities
Cushman & Wakefield announced that the commercial real estate services firm has arranged a $33.65 million loan on behalf of Middleburg Communities for the acquisition of Peppertree, a 353-unit apartment community located in North...
