Institutional Property Advisors facilitates Inland Empire seniors housing asset sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Zen Diamond Valley Senior Living Apartments, a 177-unit multifamily property for seniors in Hemet, California. The asset traded for $23.85...
Institutional Property Advisors completes Southeast Valley of the Sun Multifamily property sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Delano, a 265-unit multifamily property in Mesa, Arizona. The $64 million sales price equates to $241,509 per unit.
“Mesa’s low cost...
Berkadia arranges acquisition loan for 148-unit multifamily community in San Antonio, Texas
Berkadia announces it has secured financing for the acquisition of Castle Hills Townhomes, a 148-unit apartment community in San Antonio, Texas. Senior Managing Director Mitch Sinberg of Berkadia Boca Raton and Managing Director Brad...
Berkadia arranges debt & equity for recapitalization of 300-unit apartment community in Georgia
Berkadia announces it has secured debt for the refinance of The Carter @ 4250, a 300-unit apartment community located in Norcross, Georgia, on behalf of Miami-based One Real Estate Investment (OREI). In addition, Berkadia...
Kiser Group advises on $2.85 million Wrigleyville condo deconversion sale
Kiser Group, Chicagoland’s leading multifamily brokerage firm, advised the Magnolia Grace Condominiums Association through a Section 15 deconversion sale. Located at 3763 N. Magnolia Ave., the 12-unit condo deconversion in Chicago’s Wrigleyville neighborhood sold...
Transwestern brokers sale of two multifamily buildings in 1031 exchange in Los Angeles
Transwestern Real Estate Services (TRS) announces its Los Angeles Multifamily Investment Services Group has brokered the sales of 14654 Gault St., a luxury fourplex in Van Nuys, and 5631 Whitnall Highway, a newly built...
Franklin Street arranges $10.3 million sale of 43-unit multifamily portfolio in Fort Lauderdale, Florida
Franklin Street has arranged the acquisition of a value-add multifamily portfolio consisting of four properties and 43 units in Fort Lauderdale. The 100 percent occupied, 33,557-square-foot portfolio traded for $10.3 million, or $239,535 per...
Multihousing community trades for $30.25 million in Portland area
JLL Capital Markets announced that it has closed the $30.25 million sale of Hidden Village, a 98-unit, garden-style multihousing community in West Linn, Oregon.
JLL marketed the property on behalf of the seller, Guardian Real...
Westmount Realty Capital’s acquires first multifamily property in Atlanta, expanding national investment portfolio
Westmount Realty Capital announced the acquisition of Walton Ashwood, a Class A apartment community located at 1000 Ashwood Pkwy in the employment district Central Perimeter, home to 33 million square feet of office space,...
Interra Realty brokers $24.5 million sale of 100-unit rental community in South Elgin, Illinois
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the $24.5 million sale of Panton Mill Station, a new 100-unit luxury rental community at 355 N. La Fox St. in...
Tailwind Investment Group and The Roxborough Group acquire value-add multifamily asset in high growth...
Tailwind Investment Group—a Newport Beach-based privately held commercial real estate investment management company focused on value-add and core-plus multifamily investments in the Western U.S.—and The Roxborough Group—a real estate private equity firm based in San Francisco—announced the acquisition of The Vue, a 197-unit multifamily property...
Trez Capital provides $78 million construction financing for Miami apartment project
Trez Capital, a private real estate lender helping to build better communities across North America, funded a $78,197,393 construction loan for a 323-unit mid-rise apartment building in Miami’s emerging Allapattah neighborhood. The borrower is...
Cushman & Wakefield arranges $5.8 million sale of North Miami Beach apartment community
Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of a 36-unit apartment community located at 16851 NE 18th Avenue in North Miami Beach. The final sale price...
Institutional Property Advisors brokers Tampa apartment complex sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of The Vinings at Hunter’s Green, a 240-unit multifamily property in Tampa, Florida.
“The sale of Vinings at Hunters Green is a...
Financing arranged for High Street in Atlanta’s Central Perimeter
JLL Capital Markets announced that it has arranged a construction loan for the development of Phase I of High Street, a mixed-use destination featuring approximately 150,000 square feet of retail and restaurants, 600 luxury...
