$76.8 million in financing secured for multihousing community near Nashville
JLL Capital Markets announced that it has arranged $76.8 million in acquisition financing for the 5150 JB Drive Apartments, a 384-unit, luxury, garden-style multihousing community in Murfreesboro, Tennessee within the Nashville MSA.
JLL worked on...
Berkadia arranges $66 million sale and financing of Jacksonville, Florida apartment community
Berkadia announces it has arranged the sale and financing of Topaz Villas, a 444-unit multifamily community in Jacksonville, Florida. Director Greg Rainey of Berkadia Jacksonville, along with his team, arranged the sale on behalf...
Intercontinental Real Estate Corporation and MG Properties acquire 178-unit apartment community in Agoura Hills,...
Intercontinental Real Estate Corporation in joint venture with MG Properties has acquired The Lexington Apartments, a 178-unit apartment community in the Southern California community of Agoura Hills for $87.3 million.
Built in 1986, The Lexington...
Cushman & Wakefield arranges sale of The Lexington, one of Sarasota’s most competitive Class...
Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of The Lexington Apartment Homes, a 267-unit apartment community located at 3510 Cheshire Square in Sarasota, Florida.
Cushman & Wakefield’s...
Institutional Property Advisors closes $93.5 million multifamily asset sale in Greater Phoenix
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Cabana 99th, a 286-unit attainable housing asset in Glendale, Arizona. The $93.5 million sale price represents $326,923 per unit.
“The abundant...
Berkadia arranges sale of Class A multifamily high-rise in Central Houston, Texas
Berkadia Institutional Solutions announces it has arranged the sale of Chelsea Museum District, a 325-unit trophy-quality multifamily high-rise in Central Houston, Texas. Senior Managing Directors Chris Curry and Todd Marix, Managing Directors Jeff Skipworth,...
Institutional Property Advisors closes North Dallas multifamily asset sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Presidio, a 202-unit multifamily asset in Allen, Texas, a high-growth northern Dallas suburb.
“Situated just off Interstate 75 and equidistant from...
Monument Capital Management (MCM) sells Park West Apartments in Greenville, SC for $39 million
Monument Capital Management (MCM), an A-Rod Corp company and one of the country’s premier fully integrated real estate investment firms, announced the sale of Park West Apartments in Greenville, SC. The sale price was...
Marcus & Millichap negotiates metroplex multifamily sale
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Pleasant Creek, a 159-unit apartment complex in Lancaster, Texas.
“Dallas-Fort Worth has...
Universe Holdings acquires $53.370 million multifamily property in California’s Inland Empire
Universe Holdings has acquired the Stonegate Apartments (Stonegate), a 160-unit multifamily community in Southern California’s Inland Empire city of Riverside, in an off-market transaction worth $53.370 million.
Built in 1987, Stonegate offers a mix of...
RADCO acquires Gibson Reynoldstown Apartments in Atlanta, property rebranded as Gibson by Radius
The RADCO Companies (RADCO), one of the nation’s leading opportunistic real estate investors and owner-operators, has acquired Gibson Reynoldstown Apartments, a newly constructed 205-unit mid-rise multifamily property in the Reynoldstown neighborhood of Atlanta, a...
Capital Square acquires two-property multifamily portfolio in Asheville, North Carolina for DST Offering
Capital Square, one of the nation’s leading sponsors of tax-advantaged real estate investments and a developer of mixed-use multifamily communities, today announced the acquisition of Asheville NC Apartment Portfolio, a two-property multifamily portfolio comprised...
Standard Communities leads public-private partnership acquiring 148 unit mixed income community in Chicago
Standard Communities, a major national affordable housing developer and investor, led a public-private partnership that acquired Lake Park Crescent Apartments, a 148-unit mixed income community in Chicago.
The total capitalization of the transaction is approximately...
Berkadia-arranged programmatic partnership delivers more than $100 million in equity toward SB Real Estate...
Over the past 12 months, a programmatic partnership arranged by Berkadia has now delivered more than $100 million in equity towards SB Real Estate Partners’ (SBREP) multifamily expansion throughout the Southwest. On August 25,...
Sale of student housing community at the University of Mississippi closes
JLL Capital Markets announced that it has closed the sale of the 816-bed / 300-unit The Connection at Oxford located on the campus of the University of Mississippi.
JLL worked on behalf of the seller,...
