Saturday, May 10, 2025

Deal boom

Apartment deals, mergers and acquisitions

The Grove Deer Valley

Institutional Property Advisors brokers $46.75 million multifamily sale in Phoenix

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of The Grove Deer Valley, a 208-unit apartment asset in Phoenix, Arizona. The property sold for $46.75 million, which equates to...
King City Senior Village

Livingston Street Capital expands 55+ active adult and independent living portfolio footprint to west...

An affiliate of Livingston Street Capital, a boutique private equity firm focused on commercial real estate investments throughout the U.S., has acquired King City Senior Village, an independent living multifamily community in the greater...
908 Main Street, Evanston

Interra Realty brokers $5.2 million sale of vintage rental building in Evanston, Illinois

Interra Realty, a Chicago-based commercial real estate investment services firm, announced the $5.2 million sale of 908 Main St., a 27-unit vintage apartment building in Evanston, Ill., a north suburb of Chicago. The price...
433 Bellevue Avenue East

Rare Capitol Hill apartments with development potential sells for $4.5 million

A multifamily property located at 433 Bellevue Avenue East in Seattle’s Capitol Hill neighborhood has sold for $4,500,000. Dylan Simon, Jerrid Anderson, Matt Laird, and Winslow Lee of The Simon and Anderson Team partnered...
Regency Place

CBRE arranges sale of Regency Place to affiliate of Harbor Group International

CBRE announced that it has arranged the sale of Regency Place, a 120-unit multifamily community located at 7000 Horseshoe Lane in Wilmington, MA. CBRE Capital Markets’ multihousing experts Simon Butler, Biria St. John and John...
Centro Railyard

Centro Railyard residential and retail property sold

JLL Capital Markets announced that it has handled the sale of Centro Railyard, a 2020-vintage, 91-unit luxury multihousing property with 12,991 square feet of innovative “micro” ground floor retail, in Charlotte, North Carolina’s booming...
Gateway Arvada Ridge

The Praedium Group acquires transit-oriented Gateway Arvada Ridge in Arvada, Colorado

The Praedium Group, a New York-based national real estate investment firm, announced the acquisition of Gateway Arvada Ridge in the Arvada submarket of the Denver MSA.  Lindsay Schuckman, Vice President of The Praedium Group,...
1735 Rutland

DB Capital Management builds Austin, Texas holdings with acquisition of 422-unit apartment portfolio

Multifamily investment firm DB Capital Management has made its largest investment in Austin, Texas with the acquisition of a three-property apartment portfolio totaling 422 units. The properties located in North Austin were built between 1980...
Sanctuary on Broadway

ABI Multifamily brokers 240-unit Tempe apartment community for $42.75 million

ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $42.75 million / $178,125 Per Unit / $231.39 Per SF sale of Sanctuary on Broadway,...
Estates at Arbor Oaks

55+ housing community near Minneapolis sold for $18.75 million

JLL Capital Markets announced that it handled the $18.75 million sale of The Estates at Arbor Oaks, an Active Adult 55+ Community near Minneapolis, Minnesota. JLL worked on behalf of the seller, Estates of Arbor...
Modera Jackson

Institutional Property Advisors closes Seattle luxury multifamily property sale

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Modera Jackson, a five-story contemporary mixed-use apartment community with 160 residential units and 8,069 square feet of street-level retail in...

Interra Realty brokers pair of multifamily transactions totaling $5 million on Chicago’s Northwest Side

Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the sale of two multifamily properties on Chicago’s Northwest Side for a combined $5.12 million. In the first transaction, Interra Managing Partner...
Mode Apartments

12 multifamily asset sales valued at $535 million closed by Institutional Property Advisors’ Northern...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced that in the fourth quarter of 2020, its Palo Alto, California-based multifamily team brokered the sales of 12 assets totaling 1,552 units valued...
Westville Village Apartments

Institutional Property Advisors closes 294-unit multifamily asset in Connecticut

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Westville Village Apartments, a 294-unit apartment complex in New Haven, Connecticut. “New Haven’s ongoing growth in the educational, biotech and medical...
Solaris Lofts

Solaris Lofts in Jersey City refinanced with $20.03 million agency loan

JLL Capital Markets announced that it has arranged a $20.03 million refinancing for Solaris Lofts, a 72-unit multihousing community in Jersey City, New Jersey. JLL worked on behalf of the borrower, PERE Holdings, to secure...
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