Friday, April 19, 2024

Deal boom

Apartment deals, mergers and acquisitions

Levin Johnston directs rare multifamily trade in highly-coveted Palo Alto market

Levin Johnston, one of the top ten multifamily brokerage teams in the U.S., has directed the sale of Villa Sierra Apartments, a multifamily community located in the ultra-exclusive Palo Alto market. Levin Johnston represented both...
Campus Crossing

Newmark announces $56 million multifamily sale in Murfreesboro, Tennessee

Newmark announces the $56 million sale of Campus Crossings, a 252-unit multifamily community in Murfreesboro, Tennessee. Newmark Managing Directors Vincent Lefler and Tarek El Gammal represented the seller, ApexOne Investment Partners (ApexOne), a real...
Centro Railyard

Centro Railyard residential and retail property sold

JLL Capital Markets announced that it has handled the sale of Centro Railyard, a 2020-vintage, 91-unit luxury multihousing property with 12,991 square feet of innovative “micro” ground floor retail, in Charlotte, North Carolina’s booming...
Bell Fair Oaks

Sale of multihousing community in Northern Virginia closes

JLL Capital Markets announced that it has closed the sale of Bell Fair Oaks, a 246-unit, value-add multihousing community in Fairfax, Virginia. JLL marketed the property on behalf of the seller and procured the buyer...
The Marin by Arium

American Landmark acquires 223-unit multifamily community in Fort Lauderdale, Florida

American Landmark Apartments, one of the fastest-growing multifamily owner-operators in the country, announces it has acquired The Marin by Arium, a 223-unit multifamily community in Fort Lauderdale, Florida. The property will be renamed The...

Legacy Partners begins leasing at TriVista on Speer in Denver

Legacy Partners (Legacy), a privately-owned national real estate firm in a joint venture with USAA Real Estate, announced today the start of leasing at TriVista on Speer in Denver’s Golden Triangle neighborhood. The seven-story,...
Hamilton On the Bay

Miami waterfront multifamily asset sold by Marcus & Millichap

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Hamilton on the Bay, a 28-story, 275-unit apartment tower in Miami’s...

Cushman & Wakefield represents Symcor Capital Properties in $43 million sale of Southwest Florida...

Cushman & Wakefield has arranged the sale of Lakes at North Point, a 312-unit, garden-style apartment community located in North Port, Florida. The value-add property sold for $43 million, or $137,821 per unit, and...
Crest at Las Colinas Station

Draper and Kramer expands Texas multifamily portfolio with acquisition of 374-unit Crest at Las...

Draper and Kramer, Incorporated, a national real estate services firm, today announced it has expanded its Texas multifamily portfolio with the acquisition of Crest at Las Colinas Station, a 374-unit luxury rental community in...
Retreat at Mountainside

Hines Announces Plans for Retreat at Mountainside Multifamily Community in Colorado Springs’ Briargate Neighborhood

Hines, the global real estate investment, development, and property manager, together with MBK Rental Living announced plans for Retreat at Mountainside, a Class-A for-rent residential community in the Briargate neighborhood of Colorado Springs, Colorado. “The...

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,...
Belmont Place Senior Apartments

PEF Advisors acquires affordable apartment community for Seniors in Chicago

Preservation Equity Fund Advisors, LLC (PEF Advisors), a real estate private equity group focused on preserving existing affordable housing in high-cost markets, announced its recent acquisition of Belmont Place Senior Apartments, a 110-unit affordable...

$28 million multifamily asset sold in 1031 Exchange

Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of Vio Costa Mesa, an 84-unit multifamily property in Costa Mesa,...
Blume Coral Gables

Leading Swiss investment firm Lurra Capital completes $42.5 million multifamily acquisition in Miami

Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of Blume Coral Gables, a 100-unit apartment community located in Miami. The final sale price was $42,500,000. Calum Weaver, Robert Given,...
Tuscany at Gabriella Pointe

Frankel Family Trust Announces 760-Unit Luxury Apartment Community Tuscany at Gabriella Pointe Breaks Ground...

The Frankel Family Trust – a privately-owned, multifamily property developer and owner – came together with Gilbert Mayor Brigette Peterson as well as general contractor CHASSE Building Team and other community and business leaders...
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