Thursday, September 19, 2024

Deal boom

Apartment deals, mergers and acquisitions

South Pointe at Wayside

Cushman & Wakefield and Greystone Close Sale and Financing of South Pointe at Wayside

The joint venture team of Cushman & Wakefield and Greystone announced that they arranged the sale of and provided acquisition financing for South Pointe at Wayside, a 192-unit multifamily community located in Raeford, North...
Lofts at Twenty25

Westside Capital Group acquires Highrise Residential Tower in Atlanta’s Buckhead neighborhood for $136 million

Westside Capital Group, a real estate investment holding firm based in Miami, announced the acquisition of The Lofts at Twenty25, a landmark, 16-story residential tower located in Atlanta, Ga. Westside acquired the property for...
The Edge at Lakewood Apartments

The Mogharebi Group Secures $42.7M For Sale of The Edge at Lakewood Apartments in...

The Mogharebi Group (TMG) has arranged the $42.7 million sale of the Edge at Lakewood Apartments, a 196-unit apartment community in Modesto, California, on behalf of Osso Capital and Graceada Partners. The sale, which...
Village at San Tan

Vertical Construction Begins on Village at San Tan Apartment Community Near Phoenix

Empire Group of Companies announces the beginning of vertical construction at Village at San Tan, located on the Southeast corner of Gantzel Road and Combs Road in San Tan Valley, Arizona. “Due to a variety...
The Village at Boca East

Cushman & Wakefield arranges $20 million sale on behalf of 3T Country Club Village...

Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of The Village at Boca East, an 84-unit apartment community located in Boca Raton, Florida. The final sale price...
Chateau Woods

Sack Properties acquires Chateau Woods apartments in Woodinville, Washington

Sack Properties (Sack), a 62-year-old, San Francisco-based real estate investment and management firm with a $750 million portfolio of approximately 2,500 multifamily units throughout the Western United States, announced the acquisition of Chateau Woods,...
Frankie Court Apartments

North Ft. Myers apartments sold at a record high price per unit

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Frankie Court Apartments, a 17-unit apartment property located in North Fort...

The Keyes Company’s Carlos Villanueva arranges $5.6 million Little Havana rental portfolio sale

The Keyes Company’s Carlos Villanueva has completed the $5.6 million sale of a portfolio of 57 rental apartments in Miami’s Little Havana neighborhood. Villanueva, who is District Sales Manager of the firm’s Coral Gables...
Bainbridge Cary

The Bainbridge Companies Opens Bainbridge Cary in North Carolina

The Bainbridge Companies, a fully-integrated family of real estate companies who engage in virtually every step of the real estate process, from development and construction, acquisition and disposition, to asset management and third-party property...
227 East Walton Place

Marcus & Millichap brokers $10.5 million sale of historic multifamily property in downtown Chicago

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced it has brokered the $10.5 million sale of 227 East Walton Place, a landmarked...
Castilian Apartments

Franklin Street arranges $51.2 million sale of 304-unit multifamily in Orlando

Franklin Street has arranged the sale of the Castilian Apartments, a 304-unit multifamily community located 5 miles from downtown Orlando, for $51.2 million. The 1975-built property traded above its initial pricing guidance, reinforcing an unyielding...
Broadstone Berry

Alliance Residential Company Opens Broadstone Berry Luxury Apartments Hill in Nashville

Alliance Residential Company, one of the largest multifamily developers in the nation, announced the opening of Broadstone Berry Hill, a luxury multifamily community in Nashville, Tennessee, located at 2500 Bransford Ave. In addition to...

MassHousing provides $25 million in financing for latest phase of rental housing development at...

MassHousing is providing $25 million in affordable housing financing to Lena New Boston, to support the latest phase of rental housing development at Olmsted Green in Mattapan. With the MassHousing financing, Lena New Boston,...
Creekridge on the Park

Dominium to Host Groundbreaking for Creekridge on the Park Development in Charlotte

Dominium, a leading affordable housing owner, developer and manager announced that it will celebrate the groundbreaking of the Creekridge on the Park affordable housing development in Charlotte, North Carolina on Wednesday, November 29. There...
LRT Company

LRT Company Launches $17M All-Cash DST Offering Near Hilton Head Island South Carolina

LRT Company, an opportunistic development firm and sponsor of Section 1031 exchange investment offerings, announced that it has launched LRT Hardeeville Senior Living DST. The all-cash, Regulation D private placement Delaware statutory trust offering...
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