Stepp Commercial completes $6.75 million sale of Rolling Hills Gardens Apartments, in Lomita, California
Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $6.75 million sale of Rolling Hills Gardens Apartments, a 24-unit apartment building located at 25925 Viana Avenue, adjacent to...
Levin Johnston completes $23 million sale of multifamily community in Bay Area submarket of...
Levin Johnston of Marcus & Millichap, one of the top multifamily brokerage teams in the U.S. specializing in wealth management through commercial real estate investments, has successfully represented the buyer and the seller, both...
JLL arranges sale, financing of San Antonio multihousing portfolio
JLL Capital Markets announced that it has closed the sale and arranged financing for a five-property multihousing portfolio totaling 844 affordable housing units in various San Antonio, Texas, neighborhoods.
JLL marketed the offering exclusively on...
$78 million refinancing secured for Bergen County multihousing community
JLL Capital Markets announced that it has closed the $78 million refinancing of The Current on River, a 254-unit, newly constructed multihousing community in Hackensack, New Jersey.
JLL represented the borrower, Brickyard Urban Renewal, LLC,...
Strategic Student & Senior Housing Trust breaks ground on expansion of senior housing community...
Strategic Student & Senior Housing Trust, Inc. (SSSHT), a public, non-traded real estate investment trust sponsored by SmartStop Asset Management, LLC (SmartStop), announced today that SSSHT has broken ground on an expansion of Courtyard...
14-unit multifamily building trades for record price per SF during safer-at-home order
Transwestern Real Estate Services (TRS) announces it has brokered the sale of 453 S. Gramercy Place, a newly renovated, 14-unit multifamily building in the Koreatown submarket of Los Angeles. Managing Directors Josh Kaplan and...
Sale and financing secured for San Antonio apartment complex
JLL Capital Markets announced that it has closed the sale of and arranged acquisition financing for the Park at Rialto, a newly constructed, 274-unit, garden-style multihousing community built by GenCap Partners, Inc. in the...
94-unit apartment portfolio sells for $14 million in Tualatin, Oregon
Kidder Mathews is pleased to announce the sale of the Cypress Gardens and Casa De Robles apartment portfolio for $14,000,000. The two properties are comprised of 94 total units and located at 19545 and...
SB Real Estate Partners acquires Bloom 24 Apartments in Phoenix for $34.2 million
SB Real Estate Partners (SBREP) has acquired Bloom 24, a 114-unit garden style multifamily community in Phoenix, Arizona for $34.2 million.
While recently selling two of its Phoenix properties for nearly $100 million, SBREP remains...
Institutional Property Advisors closes $91 million North Phoenix multifamily asset sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Azura Apartments, a 387-unit apartment asset in Phoenix, Arizona. The property sold for $91 million, which equates to $235,142 per...
$21.258 million in financing secured for Colorado apartment community
JLL Capital Markets announced that it has arranged the refinancing of Gateway Place Phase II Apartments, a 144-unit, three-story, garden-style multihousing community in Greeley, Colorado.
JLL worked on behalf of the borrower, Morgan Energy to...
First residences in Phase I of redevelopment at historic Edison Factory begin to move...
Alexander Howze, a longtime resident of West Orange and the surrounding area, has watched the industrial-to-residential redevelopment of the historic Edison Factory from the very start. Now, as one of the first residents of...
PEEK Development concludes initial fundraising for two QOFs slated to deliver 168 market-rate multifamily...
PEEK Development (PEEK) has concluded its initial fundraising round for two Qualified Opportunity Fund (QOF) projects in the pre-construction phase in the City of Orange. PEEK Reock I QOF, LLC and PEEK Reock II...
Odyssey Properties Group continues bullish Florida expansion with acquisition of two multifamily communities totaling...
Odyssey Properties Group, a multifamily investment sponsor and private equity real estate firm based in Los Angeles, has acquired two multifamily communities in Florida comprising a total of 304 units for $53 million.
The properties...
Sales Start This Summer for 22 Single-Family Rowhomes at Lexington Village in Chicago’s Avondale...
Lexington Homes, an active homebuilder throughout the city and suburbs, is bringing a new maintenance-free community of 22 single-family row-homes with fenced-in yards and private, detached two-car garages to the burgeoning Avondale neighborhood on...
