Thursday, September 19, 2024

Deal boom

Apartment deals, mergers and acquisitions

Madison Overland Park

PPR Capital Management Announces 200-Unit Multifamily Acquisition of Madison Overland Park in Kansas

PPR Capital Management (PPR), a private equity real estate investment firm, is pleased to announce the acquisition of Madison Overland Park, a 200-unit multifamily townhome community located in Overland Park, Kansas. PPR has also...
Casa de Ventura

Dunleer sells 32-unit fully renovated apartment asset for $11.9 million in Ventura, California

Dunleer, a Los Angeles-based private real estate investment and development firm, announced the $11.9 million sale of Casa de Ventura, a 32-unit apartment property located at 3098 Channel Drive in Ventura, Calif. Originally built in...
Country Village Apartments

Greystone Bel sells 84-unit Durand, MI apartment building

Greystone Bel recently closed the sale of Country Village Apartments, an 84-unit garden-style multifamily property in Durand, Michigan. Austin Hull of the Greystone Bel Real Estate Advisors investment sales team represented both the buyer and...

$45 million Westchester County multifamily portfolio sold

Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of a three-property, 104-unit multifamily portfolio in White Plains, New York....

NHPF purchases Woodmont Crossing Apartments

The NHP Foundation (NHPF), a national not-for-profit dedicated to preserving and creating sustainable, service-enriched multifamily housing, has acquired the 176-unit Woodmont Crossing Apartments. The $44.6 million transaction was made possible through a $25.5 million...
The View at Sapphire Bay

$58.3 million financing secured for Texas multihousing development

JLL Capital Markets announced that it has closed the $58.3 million construction financing for The View at Sapphire Bay, a Class A, 394-unit, mid-rise multihousing community located on the shore of Lake Ray Hubbard...

Capital Square 1031 takes DST offering full-cycle in record time, resulting in over 141...

Capital Square 1031, a leading real estate investment and management firm specializing in Delaware statutory trust offerings, announced today the sale of Bridgeview Apartments, a 348-unit multifamily community in Tampa, Florida. The property was...

Interra Realty Brokers sale of 12-unit multifamily building on Chicago’s northwest side

Interra Realty, a Chicago-based commercial real estate investment services firm, today announced it brokered the $2.86 million sale of 3748-54 W. School St., a 12-unit apartment building in Chicago’s Avondale community. Interra Realty Managing Partner...
555 West Grand Avenue

Marcus & Millichap Arranges $18.4M Construction Financing for Development of Multifamily Properties in Escondido...

Marcus & Millichap Capital Corporation (MMCC), a leading provider of commercial real estate capital markets financing solutions, arranged $9,200,000 and $9,115,068 construction loans for the development of a multifamily property located at 555 West...
Streamliner 16th

Greenlight Communities Announces Grand Opening of New Multifamily Community Streamliner 16th in Phoenix

Greenlight Communities, the Valley developer building brand-new budget-conscious communities, is excited to announce the opening of their new Streamliner 16th community at 16th Street and Polk Road in Phoenix. Streamliner 16th is a joint-venture with...
Powdermill Village

MassHousing closes on $26.4 million in financing for the refinancing and substantial renovation of...

MassHousing has closed on $26.4 million in affordable housing financing to the non-profit Affordable Housing and Services Collaborative, Inc., to support the refinancing and major rehabilitation of the 248-unit Powdermill Village in Westfield. Powdermill Village...
Loft 9 Apartments

Joint venture between PCCP, LLC and Trion Properties acquires Loft 9 Apartments, a 418-unit...

A joint venture of PCCP, LLC and Trion Properties announced the acquisition of Loft 9 Apartments, a 418-unit low-rise apartment community located at 11100 E Dartmouth Avenue in Denver, CO. Built in phases between 1975...
Samo Apartments Portfolio

Gortikov Capital arranges $141.4 million recapitalization for affordable multifamily portfolio in Santa Monica, California

Gortikov Capital announced that it has arranged a $141.4 million recapitalization of the Samo Apartments Portfolio, an 11-property, 399-unit affordable multifamily residential portfolio located in Santa Monica, California. The recapitalization included a $127.6 million...
Pecan Springs

Institutional Property Advisors completes San Antonio multifamily asset sale

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Pecan Springs, a 344-unit, stabilized asset in the Far Northwest submarket of San Antonio, Texas. “Situated in a submarket that ranks...
Phoenix Place

Global Real Estate Advisors Announces Sale of Phoenix Place Townhomes for Nearly $14M

Global Real Estate Advisors (GREA), a full-service real estate advisory firm specializing in multifamily acquisitions and dispositions, announces the $13,875,000 sale of Phoenix Place Townhomes in East Point, Georgia. GREA represented the seller in the...
Yield PRO