Passco Companies enters Baton Rouge with two best-in-market luxury multifamily acquisitions
Passco Companies, a privately held California-based commercial real estate company that specializes in real estate acquisition, development, and asset management throughout the U.S., has acquired two best-in-market luxury multifamily assets spanning 552 units in...
Institutional Property Advisors brokers 10 Class-A multifamily property sales in San Antonio for $568.45...
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of 10 multifamily assets totaling 2,290 units in San Antonio, Texas over 10 weeks. The properties sold for a total of...
CGI+ acquires multifamily community in Oxnard, California for $50.7 million
CGI+ Real Estate Strategies’ ongoing efforts to broaden its investment platform has led to the firm to make its second suburban purchase in the last 11 months with the acquisition of Alturas, a 170-unit...
Institutional Property Advisors facilitates $67 million Pasadena multifamily asset sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Theo Pasadena, a 105-unit apartment property in Pasadena, California. The property sold for $67 million, or $638,095 per unit.
“Theo Pasadena...
Next Wave completes value-add program, sells 90-unit apartment community in the Salt Lake City...
Next Wave Investors, LLC (Next Wave) a private equity firm focused on value-add multifamily investments, has sold Aspen Village Apartments, a 90-unit apartment community in West Valley City, Utah to a local buyer.
Next Wave,...
Livingston Street Capital surpasses $150 million investment in Texas with acquisition of Class A...
An affiliate of Livingston Street Capital, a boutique private equity firm focused on commercial real estate investments throughout the U.S., has acquired Atlas Point at Prestonwood, a 183-unit Active Adult (55+) multifamily community in...
$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,...