Wednesday, February 5, 2025

Deal boom

Apartment deals, mergers and acquisitions

Lindsey Manor Apartments

Gindi Equities Completes Sale of Lindsey Manor Apartments in Winston-Salem Metro Area

Gindi Equities announced the sale of Lindsey Manor Apartments, a 222-unit multifamily community at 472 Lindsey Street in Kernersville, North Carolina. The sale closed in late December and was the largest residential transaction of the...
Hub Packard

QuadReal Provides Construction Loan for the Development of University of Michigan Student Housing Property...

QuadReal Property Group (“QuadReal”), a global real estate investment, operating and development company, has announced the closure of a construction loan to Core Spaces, a Chicago, Illinois-based real estate acquisition and development firm, to...
Barnaby & 7th

DCHFA Finances the Second Phase of Barnaby & 7th Adding 229 Affordable Apartments in...

District of Columbia Housing Finance Agency (DCHFA) issued $63 million in tax exempt bonds, underwrote $47.1 million in federal and $10.4 million in DC Low Income Housing Tax Credit equity for the construction of...
Rhode Island Avenue

DCHFA Finances its First Development of 2025 – 100 New Affordable Apartments on Rhode...

On January 17, 2025 the District of Columbia Housing Finance Agency (DCHFA) issued $35.1 million in tax exempt bonds, underwrote $25.56 million in federal and $5.6 million in DC Low Income Housing Tax Credit equity...
Englewood Multifamily

Berkadia Secures $28.3M in Financing for Affordable Housing Project Englewood Multifamily in Atlanta

Berkadia, a leader in the commercial real estate industry, announced the successful financing of Englewood Multifamily, a 200-unit five-story mixed-income and mixed-use property in Atlanta, Georgia. Managing Director Carolyn Whatley and Director Angela Folkers of...
Richmond Hill

Jim Chapman Construction Group Announces New BTR Community in Richmond Hill

Jim Chapman Construction Group (JCCG), a leading build-to-rent (BTR) general contractor (GC), has secured a GC agreement with a regional commercial developer for a new 365-home BTR community in Richmond Hill, Georgia. Located on 48...
The Strand

Berkadia Arranges $126M Sale and $94M Loan for The Strand Apartments in Sacramento

Berkadia, a leader in the commercial real estate industry, announced that it arranged the sale of The Strand, a new 408-unit, garden-style multifamily community located in West Sacramento, California. The property deal closed on...
Harlow and Bennett Apartments

Marcus & Millichap Capital Corporation Arranges $89.6M Construction Financing for Two Minnesota Multifamily Projects,...

Marcus & Millichap Capital Corporation (MMCC), a leading provider of commercial real estate capital markets financing solutions, arranged $89.6 million in financing for the construction of Bennett Apartments and Harlow Apartments, two adjacent multifamily...
Lakeside Gardens

JLL Facilitates Sale and Loan for Lakeside Gardens in the Louisville MSA

JLL Capital Markets announced that it has secured the $67.15 million sale and $42.68 million acquisition financing for Lakeside Gardens, a 360-home luxury apartment community in Jeffersonville, Indiana, in the Louisville MSA. JLL represented the...
Oak Real Estate Partners

Red Oak Capital Holdings Partners with Johnson Capital Multifamily LLC to Expand Lending Program...

White Oak Capital Holdings, LLC, a national provider of structured financing solutions for commercial real estate, and its affiliated company Red Oak Capital Holdings, has entered a strategic partnership with Johnson Capital Multifamily LLC...
Middle Street Partners

Recapitalization to Grow Middle Street Partners’ Multifamily Footprint in the Sunbelt

Middle Street Partners (“MSP”) has completed a recapitalization with Inceptiv Management that will allow the multifamily investment and development firm to target $1 billion of early cycle developments and acquisitions over the next two-to-three...
The Refuge

The Refuge Development Project To Tackle Homeless Crisis in Oakland and Bay Area

The Refuge Apartments, located at 4400 Martin Luther King Jr. Way in Oakland, California, will be a newly built 144-unit affordable housing complex. The project will consist of a mix of SRO+, Studios and 2-bedroom...
Table Rock

Institutional Property Advisors Brokers Northern Arizona Multifamily Sale of Table Rock in Flagstaff

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Table Rock, a 100-unit multifamily asset in Flagstaff, Arizona. “The mountainous terrain and water conservation strategies in Arizona’s picturesque high country...
Cedardale

Pathfinder Announces $31M Acquisition of Multifamily Community Cedardale Near Seattle

Expanding its footprint in the Pacific Northwest, Pathfinder Partners (“Pathfinder”), has announced the $31.1 million acquisition of Cedardale – a 126-unit community near Seattle. According to Mitch Siegler, co-founder and managing director of Pathfinder, a...
Abode at Greenway

RKW Residential Expands Portfolio with Three-Property Charlotte Multifamily Portfolio Including Abode at Greenway and...

RKW Residential, one of the nation’s fastest-growing multifamily management firms, kicked off 2025 on a strong note by adding three new property management assignments to its growing portfolio. The Charlotte market assignments include the...
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