Thursday, September 19, 2024

Deal boom

Apartment deals, mergers and acquisitions

Details announced for Cardinal Crossing, Forest Acres’ first-ever mixed-use community

The Beach Company announced details for Cardinal Crossing, the first-ever mixed-use community in the highly sought-after Forest Acres neighborhood in Columbia, S.C. Plans for the development include diverse retail and dining options in addition...
Regency Apartments

Marcus & Millichap brokers the sale of a three-property portfolio in the heart of...

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of 99-unit, contiguous three-property portfolio situated in the heart of Ocala, Florida,...
Newbrook Point Hope

Argyle Real Estate Partners Enters Charleston MSA with the Acquisition of Newbrook Point Hope

Argyle Real Estate Partners (Argyle), a real estate investment firm focused on multifamily acquisitions in the Southeast and Texas, announced the closing of Newbrook Point Hope, a 264-unit community located in Charleston, South Carolina,...
Longfellow Corner

SVA Architects Announces Construction Has Commenced on Longfellow Corner Affordable Multifamily Community in Oakland...

SVA Architects joins Berkley-based developer, Resources for Community Development (RCD), in celebrating the ground breaking and commencement of construction for Longfellow Corner. Longfellow Corner will feature 77 homes which cater to a multi-generational resident demographic,...

Value-add asset in north Fort Worth Texas sold by IPA

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces the sale of Hidden Lakes Apartments, a 312-unit multifamily asset in Fort Worth, Texas. “Built in 1996, Hidden Lakes is a low-density property that...
FIAT House

FIAT House, the First FIAT-Branded Residential Building in the World, Opens Leasing in Fort...

UNLMTD Real Estate, in partnership with FIAT, announced the launch of leasing at FIAT House, an extraordinary residential concept shaping the future of urban living. The pioneering development -- the first FIAT-branded residential building in...

TMG Partners and Invesco Real Estate acquire 600 Battery Street in San Francisco

TMG Partners (TMG), one of the Bay Area’s largest mixed-use property developers, and Invesco Real Estate, a global real estate investment manager, announce the acquisition of 600 Battery Street, an approximately 120,000-square-foot historic building...
Citizen Little Falls

Accurate Announces that Luxury Multifamily Community Citizen Little Falls is Now 90% Leased

Developer Accurate announced that Citizen Little Falls, the luxury rental community near the Little Falls train station, has leased more than 90 percent of its residences. The Township of Little Falls is attracting new residents,...

Comptroller DiNapoli, Mayor Palmieri, Doyle Hardware Building LLC, CPC & Empire State Development celebrate...

The Community Preservation Corporation (CPC) joined New York State Comptroller Thomas P. DiNapoli, Senior Advisor to Governor Cuomo for Upstate Economic Development John Maggiore, Utica Mayor Robert Palmieri, the development partners of Doyle Hardware...
6811 S. Paxton

Interra Realty facilitates $2.3 million multifamily sale in Chicago’s South Shore Neighborhood

Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the $2.3 million sale of 6811 S. Paxton Ave., a 29-unit mid-rise apartment building in Chicago’s South Shore neighborhood. The price...

Record Tampa Bay area multifamily sale closed by Marcus & Millichap

Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, announced the sale of Lakeside Apartment Homes, a 228-unit apartment asset located in Brandon, Florida....
East Market

JLL arranges $260 million in refinancing for East Market mixed-use development

JLL’s Capital Markets group announced that it has secured a $260 million loan for East Market, a mixed-use project with residential units, retail, office and parking in the Market East neighborhood of Philadelphia, Pennsylvania. JLL...
1513-17 W Diversey

Interra Realty arranges $5.78 million sale of luxury apartment building in Chicago’s Lincoln Park...

Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the $5.78 million sale of 1513-17 W. Diversey Parkway, a 12-unit luxury apartment building in Chicago’s Lincoln Park neighborhood. The price...
Premier at West Park

Thompson Thrift to develop luxury multifamily community near Denver

Thompson Thrift, a full-service nationally recognized real estate company and one of the nation’s leading multifamily developers, announced the development of Premier at West Park, a 336-unit Class A multifamily community 50 miles from...
The Fort

Sunrise Management adds 84 multifamily units to San Diego portfolio

Following the $45.08 million sale of two high profile urban San Diego mixed-use projects, San Diego-based Sunrise Management has taken over day-to-day management of both communities—Park + Polk and The Fort—both previously owned and...
Yield PRO