Institutional Property Advisors closes 186-unit apartment property sale in West Hartford Connecticut
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Westgate Apartments, a 186-unit multifamily property in West Hartford, Connecticut.
“West Hartford’s combination of small-town atmosphere and urban intensity makes it...
Sheldon Butte multihousing community in Oregon sells for $35.75 million
JLL Capital Markets announced that it has closed the $35.75 million sale of Sheldon Butte, a 176-unit, garden-style, value-add apartment community in Eugene, Oregon.
JLL represented the seller, Cumberland Holdings, LLC. Clear Capital, LLC acquired the...
Institutional Property Advisors brokers $91 million multifamily sale in suburban Phoenix
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Riata, a newly constructed, 300-unit apartment complex in Chandler, Arizona. The property sold for $91 million, or $303,333 per unit.
“The...
Wilks Development and Frisco EDC Announce Partnership for Firefly Park to Bring 1,970 Rental...
Wilks Development and Frisco Economic Development Corporation signed a development agreement that launches Phase One of construction and development for Firefly Park. The project is a 242-acre mixed-use, master-planned development including 159 acres owned by...
NexPoint Completes the Sale of Radbourne Lake Apartment Homes in Charlotte North Carolina
NexPoint Residential Trust, Inc. announced the closing of the sale of Radbourne Lake Apartment Homes in Charlotte, North Carolina, a 225-unit property built in 1991.
Radbourne Lake Apartments features comfortable one-, two-, and three-bedroom apartments...
Cityview and Stockbridge Commence Construction on 265-Unit Multifamily Development in Los Angeles
Cityview, a premier multifamily investment management and development firm, and Stockbridge, a private equity real estate investment management firm, have commenced construction on Apollo, a 265-unit multifamily development in Los Angeles’ South Bay. Slated...
Legacy Partners and AFL-CIO Building Investment Trust Open Kaulana Mahina Apartments in Maui
Legacy Partners, a privately held national real estate firm, and AFL-CIO Building Investment Trust, announced the opening of Kaulana Mahina Apartments, a 324-residence community in the Central Maui community of Wailuku, Hawai’i.
Designed as “workforce...
Northmarq Brokers Sale of Regatta Apartment Homes in San Antonio
Northmarq’s San Antonio Multifamily Investment Sales team led by Zar Haro, Moses Siller, Bryan VanCura, Phil Grafe, Brian Booth, Rudy Dodier and Kevin Garza. successfully facilitated the sale of Regatta Apartment Homes, a 200-unit...
Metroplex multifamily asset sold by Marcus & Millichap
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Rio on the Parkway, a 304-unit apartment property in Arlington, Texas.
“The...
148-unit add-value apartment complex in Phoenix, Arizona sells for $14 million
Avenue 15 Apartments, a 148-unit apartment complex located at 1609 West Glendale Avenue in Phoenix, Arizona, has sold for $14,725,000. The buyer was Urban Communities, a real estate development and redevelopment company that focuses...
Levin Johnston directs $15.95 million sale of 52-unit multifamily community in Alameda, 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 directed the $15.95 million sale of Buena Vista...
JLL arranges $58.5 million financing for Bay Area multihousing portfolio
JLL Capital Markets announced that it has arranged $58.5 million in financing to fund the recapitalization of a nine-property multihousing portfolio located in Oakland, California.
JLL worked exclusively on behalf of Mosser Capital (Mosser) and...
NeighborWorks Capital and National Equity Fund Announce LIHTC Equity Fund to Empower Partner Organizations
NeighborWorks Capital, a national non-profit Community Development Financial Institution (CDFI), has partnered with National Equity Fund (NEF), a leading non-profit multifamily, affordable, real estate investment manager, to launch the NeighborWorks Capital Equity Fund.
"The idea...
Origin Credit Advisers Secures Preferred Equity Position in Culebra Commons, a $76.3M Multifamily Community...
Origin Strategic Credit Fund, a multifamily real estate credit Fund, has secured a preferred equity position in Culebra Commons, a $76.3 million, 327-unit Class A multifamily rental community in San Antonio, Texas.
The Strategic Credit...
Wood Partners Says Welcome Home to Residents of Cumming Georgia’s Newest Luxury Apartment Community...
Wood Partners, a national leader in multifamily real estate development, announced the grand opening of its latest luxury residential community, Alta Northerly, just north of Atlanta in Cumming, Georgia.
Alta Northerly's prime location within the...
