Deal boom

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 successfully directed two multifamily property sales totaling $19.88...

MBK Rental Living and R.D. Olson Construction announce the groundbreaking of Artesa at Menifee Town Center, a Spanish mission-style apartment community located in the heart of Menifee. Offering urban-style living in a small-town setting, the...

TruAmerica Multifamily has acquired Island Club, a 472-unit Class B apartment community in Orlando, FL in a $64 million transaction. TruAmerica identified the Orlando MSA as its top target market in Florida after entering the...

MassHousing is providing $25 million in affordable housing financing to Lena New Boston, to support the latest phase of rental housing development at Olmsted Green in Mattapan. With the MassHousing financing, Lena New Boston,...

Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of a 6-unit apartment property located at 5663 W. Higgins Ave....

Miami-based Coral Rock Development Group and Arena Capital Holdings announced today that they have acquired Prospect Towers, a downtown Clearwater, Florida senior living high-rise for $13.5 million. Well-positioned in an Opportunity Zone, the 17-story, multifamily...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced today the sale of Westmount at Colonnade, a 192-unit apartment complex in Grand Prairie, Texas. “Grand Prairie’s strong average annual rent growth and high...

TMG Partners (TMG), one of the Bay Area’s largest mixed-use property developers, and Invesco Real Estate, a global real estate investment manager, announce the acquisition of 600 Battery Street, an approximately 120,000-square-foot historic building...

Universe Holdings has acquired a 15-unit multifamily community in Inglewood, Calif., for $3.8 million. Chateau Park Casino Royale V is the firm’s ninth acquisition in the past four years in the Los Angeles submarket that...

Bellwether Enterprise Real Estate Capital LLC (Bellwether Enterprise), the commercial and multifamily mortgage banking subsidiary of Enterprise Community Investment Inc. (Enterprise), announced today the closing of a $37.5 million acquisition loan for James River at Stony Point,...

The Donaldson Group (TDG) of Rockville, MD, Declaration Capital of New York City, and a fund managed by DRA Advisors have acquired Montgomery White Oak Apartments, a 592-unit garden-style apartment community located in Silver...

Boston Properties, Inc., one of the largest publicly-traded developers, owners and managers of Class A office properties in the United States, announced today that it has entered into agreements with an affiliate of San Francisco-based...

The Local, a new, multimillion dollar, mixed-use development located in the heart of downtown Tempe at University Drive and Ash Avenue, is set to welcome its first residents April 2019. This newest addition to...

S. L. Nusbaum Realty Co. is pleased to announce the groundbreaking on Phase I of Riverbend Apartment Homes, a 130-unit contemporary affordable housing community in Gloucester, Virginia. Riverbend is being constructed within minutes of Downtown...

TruAmerica Multifamily in partnership with Tokyu Land US Corporation has made its first investments in Georgia acquiring two Atlanta apartment communities in separate transactions totaling $127.35 million. Since entering the Southeast property markets in 2016,...