Thursday, May 16, 2024

Deal boom

Apartment deals, mergers and acquisitions

S.L. Nusbaum Realty Co. breaks ground on phase II of Valor Apartment Homes in...

S. L. Nusbaum Realty Co. is pleased to announce the groundbreaking of Phase II of Valor Apartment Homes, a 120-unit contemporary affordable housing community. The completion of this project will bring the total number of...

StreetLights Residential breaks ground on second Northwest Austin community, The Elizabeth

StreetLights Residential, a design-focused multifamily and mixed-use developer, recently broke ground on a luxury multifamily community, The Elizabeth at Presidio. StreetLights’ first development in this growing northwest Austin neighborhood, The Michael at Presidio, a...

JMF Properties named redeveloper of former Colgate-Palmolive property in Morris Township

JMF Properties, the Whippany-based development and management firm with more than 25 years of experience in the industry, announced today that it has been designated the redeveloper of the former Colgate-Palmolive industrial campus on...

Interra Realty brokers sale of 32-unit apartment building in Chicago’s uptown neighborhood

Interra Realty, a Chicago-based commercial real estate investment services firm, today announced it brokered the $5.75 million sale of 5022-30 N. Winthrop Ave., a three-story, 32-unit courtyard apartment building in Chicago’s Uptown neighborhood. The...

Granada Hills Townhomes trade hands at $21.5 million

Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of Granada Pointe Townhomes, a 52-residence multifamily asset in the Granada...

$22.15 million non-recourse loan arranged by Marcus & Millichap Capital Corp.

Marcus & Millichap Capital Corp. (MMCC), a leading provider of commercial real estate financing and capital markets expertise, has arranged a $22.15 million non-recourse loan to refinance Oakmont Apartments, a 336-unit, garden-style apartment complex...

MBA opens doors celebrates milestone: More than 2,000 families across America helped

The Mortgage Bankers Association’s Opens Doors Foundation (MBA Opens Doors) today announced that it surpassed a milestone, having provided mortgage or rental payment assistance grants to more than 2,000 families across the country. The...

Clarus Maplewood luxury rental community is now 100 percent leased

JMF Properties announced today that Clarus Maplewood, the boutique residential community right next to the Maplewood train station, is now 100 percent leased. Clarus Maplewood opened last summer as the first residential community in New...

After Hurricane Maria, partnership emerges to encourage resilient housing design and construction in Puerto...

Enterprise Community Partners (Enterprise), Puerto Rico Builders Association, the University of Puerto Rico’s (UPR’s) School of Architecture and School of Planning, the Puerto Rico Housing Department, Alvarez-Diaz & Villalon, Perkins and Will and MIT’s...

Three mixed-use buildings in Brooklyn sell for $22.35 million

Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of 119-123 Kent Avenue, three contiguous mixed-use buildings in Brooklyn’s Williamsburg...

Calmwater Capital originates $28.5 million for housing near USC

Calmwater Capital, a leading national direct real estate lender, has provided $28.525 million in senior debt to an affiliate of Champion Realty Ltd, a borrowing entity owned and controlled by Bob Champion, Parker Champion...

Colliers arranges sale of Cooke Mills apartment property in Paterson

In one of Paterson’s highest per-unit-price multifamily sale to date, Colliers International NJ LLC has arranged the trade of Cooke Mills, 19 Market Street in Paterson. The Great Falls Historic District rental property drew...

2,369 multifamily units valued at $192.46 million closed by Marcus & Millichap’s Fluellen-Hoover Multifamily...

Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the Fluellen-Hoover multifamily investment sales team closed 14 multifamily properties with a total...

Luxury central Phoenix multifamily asset sold by IPA for $58.35 million

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces the sale of Escape, a 244-unit luxury apartment complex in Phoenix. The $58.35 million sales price equates to $ $239,139 per unit. “Neighboring the...

NOVO Properties is pleased to announce the acquisition of 1825 Maryland Avenue NE

NOVO Properties (NOVO) is pleased to announce the acquisition of 1825 Maryland Avenue NE, a 25-unit multifamily property located in NE Washington, DC. 1825 Maryland Avenue NE is located just to the east of the...
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