Tuesday, November 26, 2024

Deal boom

Apartment deals, mergers and acquisitions

Flora

Fulton Market Luxury Residential Tower, Flora, Completes Construction and Welcomes New Restaurant Concept

High Street Residential (HSR), the residential subsidiary of Trammell Crow Company, announced that Flora, a new 368-unit luxury residential tower in Chicago’s Fulton Market neighborhood has completed construction and signed a lease with Day...
The Maddox

Thompson Thrift Hosts Ribbon Cutting for Luxury Apartment Community The Maddox in Buckeye

Thompson Thrift, a full-service nationally recognized real estate company and one of the nation’s leading multifamily developers, hosted a ribbon cutting for The Maddox in the Phoenix suburb of Buckeye on Thursday, November 14,...
Presidium Valley

Presidium Announces Leasing for Phase I of Presidium Valley View Near Dallas Texas

Presidium, a diversified real estate development, investment and management firm, is now leasing phase one of Presidium Valley View, a new luxury residential community in Farmers Branch, Texas. This development brings a mix of studio,...
Willow Pointe

Institutional Property Advisors Closes Multifamily Asset Sale of Willow Pointe in Vancouver Washington

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Willow Pointe, a 191-unit apartment property in Vancouver, Washington. “Situated on over 15 acres, Willow Pointe has a park-like setting,” said...
Meadowbrook Estates

Gantry Secures $17.2M of Permanent Loans for Kansas City Multifamily Properties, Meadowbrook Estates and...

Gantry, the largest independent commercial mortgage banking firm in the U.S., has secured $17.2 million of permanent loans in separate transactions for two suburban Kansas City apartment complexes. The complexes include the 73-unit Meadowbrook...
Modera Fort Lee

JLL Secures Joint Venture Partnership for Luxury Multifamily Land Development Project Modera Fort Lee...

JLL Capital Markets announced that it has arranged a joint-venture equity partnership for the development of Modera Fort Lee, a 253-unit luxury multifamily project in Fort Lee, New Jersey. JLL worked on behalf of the...
Hood Road

Griffith Pepdjonovic Group of Marcus & Millichap Arranges $4.6M Sale of Multifamily Property on...

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of a six-unit multifamily property located at 14 Mt. Hood Road in...
Canterbury Court Apartments

Greenstone Partners Brokers Canterbury Court Apartments in Chicago for $25.7M

Greenstone Partners announces Canterbury Court Apartments, located at 1220 N. State Parkway in the Gold Coast neighborhood of Chicago, Illinois has sold for $25.7 million. The 176-unit multifamily property also features the famed Zebra Lounge...
Eastern Union

Eastern Union Secures $20.4M to Refinance Conversion of 137-Unit Hotel Into Assisted Living Residence...

Eastern Union has arranged $20.4 million in refinancing toward the conversion of a six-story, 137-unit hotel in Plano, Texas into an assisted living residential community. Plano is located approximately 20 miles north of Dallas. Based...
Q-Deal

Dwight Mortgage Trust Closes $384M Securitization via Freddie Mac’s Q-Deal Program

Dwight Mortgage Trust (DMT) completed what is reportedly the largest multifamily mortgage loan securitization through Freddie Mac’s Q-Series program in the past two years. The $383.5-million floating-rate Q-Deal, Q029, comprises nine loans secured by...
Citadel at Castle Pines

Thompson Thrift Sells Citadel at Castle Pines Near Denver

Thompson Thrift, a full-service nationally recognized real estate company, announced the sale of Citadel at Castle Pines, a 214-unit, Class A multifamily community in the Denver suburb of Castle Pines to an undisclosed buyer....
Hawes Crossing

High Street Residential Breaks Ground on Hawes Crossing Multifamily Project in Mesa Arizona

High Street Residential (HSR), the residential subsidiary of Trammell Crow Company, has broken ground on a three-story, 419-unit Class A multifamily community in Hawes Crossing, a 1,100-acre master-planned community in Mesa, Arizona. The project is...
San Clemente

CBRE Arranges Sales of Two Six-Unit Multifamily Properties in San Clemente California

CBRE announced the sales of two six-unit multifamily properties in San Clemente, California, to individual private investors, totaling $4.82 million. “Our targeted marketing generated multiple competitive offers through our investor network, and we closed escrow...
Sage at Franklin Park

Dominium Announces the Land Acquisition for Sage at Franklin Park in Austin

Dominium, a leading affordable housing owner, developer and manager, announced it has closed a deal to acquire land for the development of Sage at Franklin Park, a new community of affordable apartment homes. The project...
JLL Azara

JLL adds AI Capabilities to JLL Azara to Transform Data Interaction for Work Dynamics...

JLL (NYSE: JLL) announced the reinvention of JLL Azara, an AI-powered, data analysis application designed to transform how business leaders interact with corporate real estate and facilities management data. The solution is powered by...
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