Saturday, May 18, 2024

Deal boom

Apartment deals, mergers and acquisitions

OakRidge Apartment Homes

JLL closes sale, financing of San Antonio multihousing property

JLL Capital Markets announced that it has closed the sale and arranged financing for OakRidge Apartment Homes, a 216-unit, value-add, garden-style multihousing property located in the Northeast San Antonio submarket. JLL marketed the property exclusively...
Mosser Oakland Portfolio

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...
711-735 N. Front St

$77.5 million financing secured for Philadelphia multihousing development

JLL Capital Markets announced that it has arranged $77.5 million in construction financing for a 279-unit, seven-story, luxury multihousing development with 8,449 square feet of ground-floor retail, located in the Northern Liberties neighborhood of...
Bell at Salem Station

CBRE arranges sale of Bell at Salem Station multifamily community to affiliate of Pacific...

CBRE announced that it has arranged the sale of Bell at Salem Station, a 266-unit, 100 percent market multifamily community located at 190 Bridge Street in Salem, Mass. CBRE Capital Markets’ multihousing experts Simon Butler,...
Green Tree Apartments

Berkadia arranges sale and financing of Fort Lauderdale Apartments

Berkadia announces it has arranged the sale and financing of Green Tree Apartments, a value-add apartment community with 296 units located in Fort Lauderdale, Fla. The property traded for $58.5 million, representing $197,635 per...
Flats at Lansdale

Refinancing secured for a Pennsylvania multihousing community

JLL Capital Markets announced that it has arranged a refinancing for Flats at Lansdale, a 180-unit, luxury multihousing community located in Lansdale, Pennsylvania. JLL worked on behalf of the borrower, a joint venture between White...
The Orchards Apartments

CBRE arranges sale of 156-unit direct entry community in Marlborough, Mass for $59.2 million

CBRE announced that it has arranged the $59.2 million sale of The Orchards Apartments, a 156-unit direct entry garden style apartment community located at 3 Farmhouse Lane in Marlborough, Massachusetts. CBRE Capital Markets’ multihousing experts...
864 East 149th Street

GFI Realty Services arranges the $6.4-million sale of 46-unit Bronx multifamily building

GFI Realty Services announced the $6.4-million sale of 864 East 149th Street, a walk-up building comprised of 46 units located in the Mott Haven section of the Bronx. GFI Director Zachary Fuchs represented the seller, NY Metro...
Hilltop Apartments at Daytona

Cushman & Wakefield arranges sale of Hilltop Apartments at Daytona

Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of Hilltop Apartments at Daytona, a 128-unit apartment community located at 464 Brentwood Dr. Mike Donaldson and Nick Meoli of Cushman...
The Mark Parsippany

$82.5 million sale of New Jersey multihousing community

JLL Capital Markets announced that it has closed the $82.5 million sale of The Mark Parsippany, a 212-unit, four-story, Class A, luxury apartment community in Parsippany, New Jersey. JLL represented the seller, an affiliate of...

Gebroe-Hammer Associates exclusively represents seller and procures buyer in $56m sale of Thousand Oaks...

Gebroe-Hammer Associates has finalized the $56 million sale of Thousand Oaks Village, a sprawling 304-unit garden-style complex within the scenic Raritan Bayshore municipality of Atlantic Highlands, N.J. The brokerage team of Ken Uranowitz, president,...

Walters plans to open Cornerstone at Stafford in March 2019

Walters has nearly completed construction of Cornerstone At Stafford which will bring 100 premium age (55+) and income-restricted residences to Manahawkin. Located at 120 Campbell Blvd., the community is part of the large-scale Stafford...

HFF announces sale of 405-unit apartment community in Broward County

Holliday Fenoglio Fowler, L.P. (HFF) announced today the sale of The Glen at Lauderhill, a 405-unit apartment community located in Lauderhill, Florida, a prime suburban growth market within Broward County. HFF marketed the property exclusively...

Cushman & Wakefield arranges sale of five multifamily properties totaling $77.1 million

Cushman & Wakefield has arranged the sale of five apartment communities in Montgomery, Alabama, for a total of $77.1 million. Craig Hey and Jimmy Adams of Cushman & Wakefield represented the sellers in the...

Interra Realty brokers largest year-to-date multifamily sale in Chicago’s Lincoln Park Neighborhood

Interra Realty, a Chicago-based commercial real estate investment services firm, today announced it brokered the sale of 1540 Fullerton, a four-story, 25-unit rental community at 1540 W. Fullerton Ave. in Chicago’s west Lincoln Park...
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