Franklin Street achieves record pricing for South Atlanta multifamily asset
Franklin Street has arranged the sale of Central Park Apartments, a value-add, workforce housing community in Riverdale, Georgia, a fast-growing submarket just south of Atlanta. The 90-unit asset sold $8,640,000, achieving record pricing for...
Capital Square 1031 acquires another newly constructed, trophy multifamily community in Greater Richmond, Virginia
Capital Square 1031, a leading sponsor of Delaware statutory trust (DST) offerings for 1031 exchange and other accredited investors, announced the acquisition of Livingston Apartment Flats, a Class A, 307-unit multifamily community in the...
Institutional Property Advisors completes two-property Fort Worth multifamily sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Alta LeftBank, a two-property multifamily asset totaling 589 units in the West 7th Street District of Fort Worth, Texas. The...
$76.8 million loan arranged for S’PARK Phase I in Boulder
JLL Capital Markets announced that it has arranged a $76.8 million loan for S’PARK Phase I, a newly constructed, mixed-use, Class A, multihousing community with office and ground-floor retail space in the Boulder Junction...
West Shore acquires asset in Florida and passes milestone of 10,000 units
West Shore LLC, a multifamily real estate investment firm, has achieved a portfolio milestone of owning and operating more than 10,000 units, and continues to expand with the acquisition of Parkside at East Village,...
Electra Capital provides $6.2 million participating preferred equity on Houston apartment portfolio acquisition
Electra Capital, a boutique lender specializing in flexible, short-term multifamily financing solutions, has closed on a $6.2 million participating preferred equity investment in the Cypress Station Portfolio, two multifamily communities located in Houston, Texas...
ABI Multifamily brokers 110-unit North Scottsdale multifamily apartment community for $35 million
ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $35,000,000 / $318,182 Per Unit / $417.23 Per SF sale of 92Forty Scottsdale Apartments, a...
PCCP, LLC and Doran Companies form joint venture for the development of a Class...
A joint venture of PCCP, LLC and Doran Companies announced it will develop a class A, 350-unit multifamily project located on 5.15 acres at 5959 Shady Oak Road, in Minnetonka, MN. Groundbreaking is expected...
Cushman & Wakefield arranges multifamily sale on behalf of RAS Realty Partners
Cushman & Wakefield announced the commercial real estate services firm has arranged the sale of The Moderne at Providence, 300-unit apartment community located in Huntsville, Alabama.
Jimmy Adams and Craig Hey of Cushman & Wakefield...
Haven Realty Capital adds to single family rental portfolio with $23 million acquisition of...
Haven Realty Capital has expanded its Single Family Rental portfolio after closing on the completed first phase of its $23 million acquisition of Windermere Trails, a 54-home dedicated rental community (DRC) now under construction...
Sale and financing of multihousing community in central Texas closes
JLL Capital Markets announced that it has closed the sale of and arranged acquisition financing for The Remington, a 200-unit, garden-style multihousing community in the central Texas city of Killeen, Texas.
JLL marketed the property...
Beach Real Estate Funds acquires Asheville, North Carolina apartments
Beach Investment Fund LP, through its manager, Beach Real Estate Funds (BREF), both affiliates of The Beach Company, announced the July 29 acquisition of The Northside at Merrimon (Northside), a 166-unit garden-style multifamily community...
Parkview Financial provides $25.5 million construction loan for adaptive reuse of historic 10-story building...
Parkview Financial announced it has provided a $25.5 million construction loan to Orchestra Partners Development for the conversion of the Frank Nelson Building in Birmingham, AL. The 10-story, 79,000-square-foot (sf) historic office building will...
Trez Capital’s equity investments partnership program completes sale of project in Desoto, Texas
Trez Capital is pleased to announce the sale of The Beacon on Westmoreland, in Desoto, Texas. The Beacon at Westmoreland was built in partnership with Thompson Realty Capital, LLC on a 10.41-acre tract of...
Cushman & Wakefield represents DLS Partners in $13 million sale
Cushman & Wakefield announced that Executive Directors Nick Meoli and Mike Donaldson have represented DLS Partners in its disposition of Hamlet Cove, a multifamily community in Gainesville, Florida. Greenberg Apartment Communities acquired the asset...
