Saturday, December 28, 2024

Deal boom

Apartment deals, mergers and acquisitions

Uplands

Grand Opening Celebration of Uplands Master Plan Phase II

Pennrose, the City of Baltimore, Baltimore City Department of Housing and Community Development, KMJ Uplands LLC, B&W Solutions, Uplands Community Association, and local officials gathered to celebrate the grand opening of Phase II of...
Maryland Park

Marcus & Millichap Capital Corporation Arranges $6.2M Financing for Las Vegas Multifamily Property Maryland...

Marcus & Millichap Capital Corporation, a leading provider of commercial real estate capital markets financing solutions, arranged $6,197,000 for the refinancing of Maryland Park, a 135-unit multifamily property in Las Vegas, Nevada. Michael Derk, executive...
Goddard Point Hope

Woodfield Development Expands with Completion of New Upscale Mixed-Use Community Goddard Point Hope in...

Woodfield Development, one of the nation’s top 20 developers of Class A multifamily communities, has announced the completion and opening of Goddard Point Hope, a vibrant community that blends historic charm with modern convenience,...
Katie Court Las Vegas

Marcus & Millichap Capital Corporation Arranges $5.1M Financing for Las Vegas Multifamily Property Katie...

Marcus & Millichap Capital Corporation, a leading provider of commercial real estate capital markets financing solutions, arranged $5,160,000 for the refinance of Katie Court Apartments, a 107-unit multifamily property in Las Vegas, Nevada. Michael Derk,...
Monterra Village

Institutional Property Advisors Closes Sale of 550-Unit Multifamily Asset Monterra Village in Dallas-Fort Worth...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Monterra Village, a 550-unit multifamily property in Fort Worth, Texas. “Monterra Village gives the buyer an opportunity to implement a first-generation...
Tiffany Laurel Reserve

LRT Company Expands into Rhode Island with 12.38-Acre Land Purchase to Develop $65M Senior...

LRT Company, an opportunistic development firm, announced that it has acquired 12.38 acres of land in the Providence, Rhode Island, suburb of Coventry, where it plans to develop Tiffany Laurel Reserve, a 204-unit senior...
VERVE Charlottesville

Subtext Unveils Largest Development to Date: VERVE Charlottesville at University of Virginia

Subtext, a national real estate company focused on elevating the resident experience, has announced its largest development with VERVE Charlottesville. Developed with joint venture equity partner Kayne Anderson Real Estate, this transformative student housing community...
Dixie Highway

Woodfield Development and Flagler Realty & Development Inc. Break Ground on Mixed-use Development on...

Woodfield Development, one of the nation’s top 20 developers of Class A multifamily communities, and Flagler Realty & Development Inc., a family office specializing in developing, leasing, and managing commercial properties across Florida, officially...
Candela

Cityview Acquires 112-Unit Value-Add Property Candela in Hollywood Hills

Cityview, a premier multifamily investment management and development firm, has acquired Candela – a 112-unit value-add property nestled in the Hollywood Hills and Franklin Village neighborhood of Los Angeles. “Candela was a prime opportunity to...
Broadstone Overlands

Alliance Residential Company Opens Broadstone Overlands in Historic Clermont Florida

Alliance Residential Company, one of the largest multifamily developers in the nation, has opened Broadstone Overlands, a 200-unit multifamily complex in Clermont, Florida near Orlando. Situated along State Road 50, this property is uniquely located...
Hammond Village

Berkadia Secures Financing for Affordable Housing Community Hammond Village Under HUD’s RAD Program in...

Berkadia announced the financing of Hammond Village, a 78-unit affordable housing community in Columbia, South Carolina. Managing Director Dave Strachan and Director Tom Bruce of Berkadia FHA/HUD secured the $6.6 million HUD 221(d)(4) loan for...
Boyle Heights community

East LA Community Corporation Launches Transitioning to All-Electric Energy Across Housing Portfolio

As part of its mission to enhance housing sustainability and improve public health in the Boyle Heights community of Los Angeles, the East LA Community Corporation (ELACC) is transitioning to an all-electric energy system...
Marq at The Pinehills

CBRE Arranges Sale of 220-Unit Apartment Community Marq at The Pinehills in Plymouth Massachusetts

Representatives of CBRE, led by Simon Butler, Biria St. John, John McLaughlin, and Brian Bowler announced the sale of the Marq at The Pinehills, a 220-unit, 100% market-rate apartment community located in The Pinehills...
Reserve at Kirkwood

Hamilton Zanze Sponsors the Acquisition of Reserve at Kirkwood

Hamilton Zanze, a leading San Francisco-based multifamily real estate investment firm, announced it has sponsored the purchase of Reserve at Kirkwood, a 264-home garden-style apartment community in Clarksville, Tennessee. Mission Rock Residential, an affiliate of...
Capstone at Centerra

BWE Investment Sales Facilitates $40M Sale of Senior Housing Community Capstone at Centerra North...

BWE Investment Sales, an affiliate of BWE, a national commercial and multifamily mortgage banking company, announced that it has successfully brokered the sale of Capstone at Centerra, an assisted living and memory care community...
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