Thursday, May 29, 2025

Deal boom

Apartment deals, mergers and acquisitions

2851 Boston Ave

2851 Boston Ave. apartments in San Diego, California purchased

JLL Capital Markets announced that it closed the $2.4 million sale of 2851 Boston Ave., a nine-unit apartment community located in the Barrio Logan submarket of San Diego, California. JLL represented the seller, WLA Investments...
Park at Trowbridge

Sale and acquisition financing of independent living community in Detroit suburbs completed

JLL Capital Markets announced that it closed the $17 million sale and arranged $25.35 million in acquisition and renovation financing for The Park at Trowbridge, a 298-unit, seniors housing community located in the northern...
City West Apartments

American Landmark acquires 300-unit multifamily community in Orlando

American Landmark Apartments, one of the fastest-growing multifamily owner-operators in the country, announces it has acquired City West Apartments, a 300-unit multifamily asset in Orlando. The property will undergo a $3.575 million capital improvements...
The Marin by Arium

American Landmark acquires 223-unit multifamily community in Fort Lauderdale, Florida

American Landmark Apartments, one of the fastest-growing multifamily owner-operators in the country, announces it has acquired The Marin by Arium, a 223-unit multifamily community in Fort Lauderdale, Florida. The property will be renamed The...
Fishtown Kensington Village

$46.5 million financing secured to develop Fishtown Kensington Village in Philly

JLL Capital Markets announced it has arranged a $46.5 million construction loan for the development of Fishtown Kensington Village, a 297-unit multihousing property located in Philadelphia, Pennsylvania. JLL worked on behalf of the borrower, an...
District at Grand Terrace

Inland Empire multifamily asset closes at $88 million

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of District at Grand Terrace, a 352-unit multifamily property in Colton, California. The property sold for $88 million, or $250,000 per...
Glen Hollow

48-unit multifamily asset sells in Tallahassee

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Glen Hollow, a 48-unit apartment property located in Tallahassee, Florida, according...
125 Magnolia at Journal Square

$25 million sale of 125 Magnolia sets new multifamily sales benchmark for emerging Jersey...

The $25M sale of 125 Magnolia at Journal Square has set a new multifamily benchmark for Jersey City’s newest upmarket neighborhood in the elevatored/pre-war apartment building category, according to Gebroe-Hammer Associates Executive Vice President...
Melvin Park Apartments

Berkadia arranges $27.54 million in acquisition financing for 263-unit community outside of Baltimore

Berkadia announces it has arranged $27.54 million in financing for the acquisition of Melvin Park Apartments, a 263-unit community in Catonsville, Maryland. Senior Managing Director Mitch Sinberg, Associate Director Matthew Robbins and Senior Analyst...
Jamestown and Williamsburg

The Multifamily Group brokers 48 units in Temple, Texas

The Multifamily Group (TMG), a Dallas-based commercial real estate brokerage firm, announced this week they facilitated the sale of Jamestown and Williamsburg in Temple. TMG Advisor Danny Wieland represented the seller, and Vice President...
Glennwood Apartments

The Multifamily Group brokers 100 units in San Antonio

The Multifamily Group (TMG), a Dallas-based commercial real estate brokerage firm, announced this week it had facilitated the sale of the Glennwood Apartments in San Antonio. Managing Directors Chris Siemasko and Bryce Smith represented...
700 W. Grace St.

Interra Realty brokers $5.73 million sale of apartment building in Chicago’s Lakeview neighborhood

Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the sale of 700 W. Grace St., a 16-unit rental property in Chicago’s Lakeview neighborhood. The $5.73 million sale price equates...
Harbor Landing

Harbor Landing luxury apartments bought for $73 million

JLL Capital Markets announced that it has handled the $73 million sale of Harbor Landing, a 218-unit, ultra-luxury apartment community located in Stamford, Connecticut. JLL exclusively represented the seller, a joint venture between Building and...
Ventana Palms

ABI Multifamily brokers 160-unit Far West Phoenix apartment community for $32.25 million

ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $32.25 million / $201,563 Per Unit / $235.20 Per SF sale of Ventana Palms Apartment...
Belleview Station Apts

JV equity arranged for Belleview Station apartments

JLL Capital Markets announced it has arranged joint venture equity for the development of a 250-unit mixed-use, luxury apartment community located in Denver, Colorado. JLL represented the developer, Trammell Crow Residential, the multihousing development company...
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