Berkadia arranges $23 million sale of 218-unit multifamily community in Tampa
Berkadia announces it has arranged the $23 million sale of River Gardens, a 218-unit multifamily community in Tampa. Managing Director Jason Stanton of Berkadia’s Tampa office and Senior Managing Director Cole Whitaker of Berkadia’s...
Institutional Property Advisors brokers Dallas-Fort Worth multifamily sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Dolce Living Home Town, a 316-unit apartment asset in the suburban Fort Worth city of North Richland Hills, Texas.
“Dolce Living...
Marcus & Millichap arranges the sale of a 41-unit apartment building in Belvidere, IL
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Schwarz Properties, a 49-unit apartment property located in Belvidere, IL, according...
Electra Capital provides $19.1 million preferred equity investment for 582-unit apartment community in Arizona
Electra Capital, a boutique lender specializing in flexible, short-term multifamily financing solutions, has closed on a $19.1 million preferred equity investment for the refinancing of Tides on Country Club, a 582-unit garden-style apartment community...
Transwestern Investment Group and Trammell Crow Residential sell 164-unit multifamily community in Denver
Transwestern Investment Group (TIG) and Trammell Crow Residential (TCR), the multifamily development company of Crow Holdings, announce the sale of Alexan Cherry Creek, a recently completed, 164-unit apartment community in the highly coveted Cherry...
Colliers International announces sale of Lake Village in Chesapeake
Colliers International is pleased to announce the sale of Lake Village, a multifamily community located at 908 Lake Village Drive in Chesapeake. The property was sold to Ritz Banc Group from Lawson.
“We always enjoy...
NYC-based Spruce Properties buys Des Moines-area portfolio for $56.75M, largest single apartment trade in...
JLL Capital Markets announced that it closed the $56.75 million sale and arranged $45.4 million in acquisition financing for a multihousing portfolio consisting of six apartment communities in the suburbs of Des Moines, Iowa.
JLL...
Trion Properties bolsters Northern California portfolio with acquisition of Bella Pointe apartments in Sacramento
Trion Properties, a private equity real estate firm that specializes in multifamily investments in western markets, with equity partner Walker & Dunlop, has acquired Bella Pointe Apartments, a 136-unit multifamily community in the Sacramento...
The RADCO Companies announces $47 million sale of Ashford on the Lake in Florida
The RADCO Companies (RADCO), one of the nation’s leading opportunistic real estate developers, announced the sale of Ashford on the Lake, a 292-unit apartment community located at 3975 Country Place Lane in Palm Harbor,...
A 12-unit apartment building sold for $1.6 million 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 Lemon Bay Villas, a 12-unit apartment property located in Englewood, FL,...
Next Wave enters Texas market with acquisition of 73-unit multifamily community
Next Wave Investors, LLC (“Next Wave”) a private equity firm focused on value-add multifamily investments, has entered the Texas market with the acquisition of Shiloh Park Townhomes, a 73-unit multifamily community in Plano, Texas...
Marcus & Millichap closes $63.75 million multifamily asset sale in Greater Los Angeles
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Solare Apartments, a 240-unit multifamily asset in Santa Ana, California. The...
Cushman & Wakefield arranges $15.6 million sale of Worthington Court
Cushman & Wakefield announced that the real estate services firm has arranged the sale of Worthington Court, a 152-unit apartment community located in New Port Richey, Florida. The final sale price was $15.6 million.
Mike...
Sharpstown Garden Apartments sold to Indus Management
JLL Capital Markets announced that it has closed the sale of the 396-unit Sharpstown Garden Apartments workforce housing property in Southwest Houston.
JLL represented the seller, Pryzant Management, to complete the sale to Indus Management.
The...
The RADCO Companies announces $71.25 million sale of Ashford Indian Trail in Georgia
The RADCO Companies (RADCO), one of the nation’s leading opportunistic real estate developers, announced the sale of Ashford Indian Trail, a 467-unit apartment community located at 1100 Indian Trail Lilburn Road NW, in Norcross,...