Thursday, September 19, 2024

Deal boom

Apartment deals, mergers and acquisitions

Las Brisas de Cheyenne

Avison Young brokers $40 million sale of 176-Unit apartment property in Las Vegas, Nevada

Avison Young announced the Sauter Multifamily Group, comprised of Principals Patrick Sauter, Art Carll-Tangora, and Steve Nosrat, based in the firm’s Las Vegas office, closed the $40 million sale ($227,272 per unit) of Las...

Jonathan Rose Companies and the NHP Foundation acquire Shore Hill Housing in Brooklyn, NY

Jonathan Rose Companies, LLC, one of the country’s leading developers and investors in sustainable, affordable and mixed-income multifamily real estate, The NHP Foundation (NHPF), a national not-for-profit leader in providing quality affordable housing to...
Brickline at The Mercantile

Northmarq’s Chicago Office Structures $75.5M Refinance of 379-Unit Luxury Apartments Brickline at The Mercantile...

Northmarq’s Chicago Debt + Equity team led by Kevin McCarthy, Jeff Frankel and Alex Czachor collaborated with Jason Kinnison of the Omaha office to successfully finalize the refinancing of Brickline at The Mercantile, a...
Broadstone Edition

KTGY and Alliance Residential Announce Completion of Broadstone Edition in Irvine California

KTGY and Alliance Residential have announced the completion of Broadstone Edition, a community with 264 for-rent apartments in Irvine, California. KTGY's design addresses the diverse housing demands in the Orange County area with a mix...
The Fitzroy Grove

Cushman & Wakefield arranges sale of The Fitzroy Grove

Cushman & Wakefield has arranged the sale of The Fitzroy Grove, a 250-unit multifamily community located in Rogers, Arkansas. Martin Bynum and Craig Hey of Cushman & Wakefield represented the seller, Huffman & Company,...
Allston LabWorks

JLL secures $585 million financing for mixed-use development in Boston

JLL’s Capital Markets group announced that it has arranged $585 million in construction financing for a mixed-use project consisting of 580,905 square feet of life sciences, retail and multihousing space in Boston, Massachusetts. JLL worked...
Pointe Vista Apartments

ABI Multifamily brokers 160-unit Northwest Phoenix apartment community for $24.25 million

ABI Multifamily—the leading multifamily brokerage and advisory services firm in the Western US—is pleased to announce the $24.25 million / $151,563 Per Unit / $204.66 per square foot sale of Pointe Vista Apartments, a...
Wildwood Exterior

McShane Construction Company Delivers 172 Affordable Apartments in Sun Prairie Wisconsin

Construction is completed at The Wildwood at Main in Sun Prairie, Wisconsin. McShane Construction Company provided design-assist construction services for the 172-unit affordable housing residence on behalf of client Roers Companies. “We are proud to...
SEC 29th Avenue

ABI Multifamily Brokers $7.65M Land Deal for a 9.81-Acre North Phoenix Property at SEC...

ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $7,650,000 / $17.91 Per Land SF sale of SEC 29th Avenue & Dove Valley Road,...
Gamecock Village

JLL Arranged the $25M Refinancing of the Gamecock Village in Jacksonville, Alabama and Mustang...

JLL announced that it has arranged the $25 million refinancing for two top-performing student housing communities, including Gamecock Village in Jacksonville, Alabama (Jacksonville State University) and Mustang Village in Wichita Falls, Texas (Midwestern State...
The Vineyard

Marcus & Millichap Closes The Vineyard $32.6M Central Valley California Multifamily Sale

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of The Vineyard, a 212-unit multifamily property in Ceres, California. The asset...
ERGS Portfolio

Marcus & Millichap closes eight-asset Reno multifamily portfolio sale for $302 million

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of The ERGS Portfolio, a six-property multifamily portfolio spanning a total of...
Promenade Apartments

The RPH Multifamily Group of Marcus & Millichap sells a 29-unit apartment community in...

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Promenade Apartments, a 29-unit apartment property located in Sarasota, Fla., according...
Addison at Princeton Meadows

GFI Realty Services advises on the $115-million sale of 440-unit garden apartment complex in...

GFI Realty Services, LLC announced the $115-million sale of Addison at Princeton Meadows, a 440-unit garden apartment complex, located at 2821 Pheasant Hollow Drive in Plainsboro, NJ. The GFI team of Allan Szlafrok, Eli...

Interra Realty brokers $3.3 million deconversion sale in Evanston, Ill.

Interra Realty, a Chicago-based commercial real estate investment services firm, today announced it brokered the $3.3 million deconversion sale of 2151 Ridge Ave., a three-story multifamily building near Northwestern University in Evanston, Ill. Patrick Kennelly,...
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