Luxury central Phoenix multifamily asset sold by IPA for $58.35 million
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces the sale of Escape, a 244-unit luxury apartment complex in Phoenix. The $58.35 million sales price equates to $ $239,139 per unit. “Neighboring the...
NOVO Properties is pleased to announce the acquisition of 1825 Maryland Avenue NE
NOVO Properties (NOVO) is pleased to announce the acquisition of 1825 Maryland Avenue NE, a 25-unit multifamily property located in NE Washington, DC. 1825 Maryland Avenue NE is located just to the east of the...
NOVO Properties is pleased to announce the acquisition of 1820 Irving Street NE
NOVO Properties (NOVO) is pleased to announce the acquisition of 1820 Irving Street NE, a 15-unit multifamily property located in NW Washington, DC. 1820 Irving Street is located adjacent to the quickly developing Rhode Island...
NOVO Properties is pleased to announce the acquisition of 310 Hamilton Street
NOVO Properties (NOVO) is pleased to announce the acquisition of 310 Hamilton Street, NW, a 17-unit multifamily property located in NW Washington, DC. 310 Hamilton Street is located in the desirable Petworth submarket. This property...
Interra Realty brokers $30 million sale of multifamily high-rise in Chicago’s Lakeview East neighborhood
Interra Realty, a Chicago-based commercial real estate investment services firm, today announced it brokered the $30 million deconversion sale of 445 W. Wellington Ave., a 15-story condominium building in Chicago’s Lakeview East neighborhood. The...
Waterton closes $920 million U.S. multifamily value-add investment fund, above target
Waterton, a national real estate investor and operator, is pleased to announce the final close of its latest multifamily value-add investment fund, Waterton Residential Property Venture XIII, L.P. (“Venture XIII”), with $920 million of...
HUBBARD221 in Chicago’s River North reaches 65 percent leased milestone in 5 months
Chicago-based Hubbard Street Group and co-developer Centrum Realty and Development today announced that HUBBARD221, a 195-unit luxury rental tower in Chicago’s River North neighborhood, is now 65 percent leased just five months after opening. Located...
Multifamily value-add opportunity hits the market in New England
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces it is the exclusive listing agent in the marketing for sale of Armoury Commons, a multifamily asset with 260 residential apartment homes, an...
Castle Lanterra purchases The Ranch at Bear Creek in Lakewood, CO
Castle Lanterra Properties (CLP) has continued to expand its multifamily portfolio in the Denver metro area with the acquisition of its fourth property in the market within the last 16 months. The New York-based...
Suburban Phoenix multifamily asset sold by IPA for $64.8 million
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces the sale of The Met at Fashion Center, a three-building, 303-unit multihousing investment property in Chandler, Arizona. The property sold for $64.8 million,...
Jefferson Apartment Group and Camden Property Trust team up to develop $100 million downtown...
Jefferson Apartment Group, a leading multifamily developer and operator specializing in premier apartment communities throughout the Eastern U.S., has joined forces with Houston based Camden Property to co-develop the $100 Million 520 East Apartment...
Pathway to Living celebrates opening of 96-unit senior housing community in Orland Park, Ill.
Pathway to Living, a Chicago-based developer, owner and operator of senior living communities, today announced the opening of Heartis Village of Orland Park, a 96-unit assisted living and memory care community in Orland Park,...
Grand opening at V-Esprit, Denver independent living community in May, following multi-million-dollar renovation
Hillcrest Development Group, LLC, a Denver-based development company, and Pathfinder Partners, LLC, a San Diego-based firm specializing in opportunistic and value-add real estate investments, have completed a $1.6 million renovation and rebranding program at...
Alpha Wave Investors completes 10th full-cycle property investment
Alpha Wave Investors, a private equity investment firm specializing in opportunistic and value-add multifamily and hospitality assets in the Western U.S., has completed its tenth full-cycle property investment with the sale of Skyline Park...
Marcus & Millichap brokers $11.35 million sale of mixed-use building and development site in...
Marcus & Millichap, today announced the sale of a 53,931-square-foot, mixed-use commercial loft building located at 1040 W. Huron St. in the rapidly developing River West neighborhood of Chicago. This asset sold for $11.35...
