Friday, November 29, 2024

Deal boom

Apartment deals, mergers and acquisitions

Elevate at Southwest Station is now leasing studio, one- and two-bedroom apartments in Eden...

Timberland Partners, a privately-owned real estate investment, development and management firm, has announced leasing has begun at Elevate at Southwest Station, the much-anticipated new apartment building located in Eden Prairie. Elevate features 222 contemporary studio,...

Green on 4th ‘G4’ is now leasing studio, one- two- and three bedroom apartments...

Timberland Partners has announced leasing has begun at Green on 4th, aka ‘G4’, the much-anticipated apartment building located in the Prospect Park neighborhood in Minneapolis. Green on 4th features 243 contemporary studio, one, two and three-bedroom apartments,...

Timberland Partners announces purchase of Sullivan Square, Bentonville, AR, 535 units and Parkway Lakeside,...

Minneapolis based Timberland Partners is pleased to announce the acquisitions of Sullivan Square, located in Bentonville, Arkansas and Parkway Lakeside, located in O’Fallon, Illinois. Founded in 1992, the company now owns and manages 71...

Walters clears site for Cornerstone At Grassy Hollow

Walters has begun site work on a new 60-unit income-restricted apartment and townhome community to be named Cornerstone At Grassy Hollow. The first residential building is slated for completion by year-end 2019. Located at 200...

Two affordable housing communities in Orange will undergo extensive renovations with $11.6 million in...

MassHousing has provided a total of $11.6 million in affordable housing financing to the non-profit Retirement Housing Foundation (RHF), for the renovation and preservation of two adjacent affordable housing communities in Orange. As part...

19-unit apartment building in prime Costa Mesa location sells for $7.2M

19@18th, a 19-unit apartment building in Costa Mesa, California, has sold for $7,200,000. The seller, 18th Street Partners, a local private investment group, was represented in the transaction by Kidder Mathews’ multifamily investment brokers,...

Hunt Midwest acquires site to build first-class senior living community in Gallatin, Tennessee

Hunt Midwest is forging ahead with plans to build The Capstone at Station Camp, a two-story, 76,000-square-foot senior living community in Gallatin, Tennessee. The developer completed acquisition earlier this month of the 6-acre site located...

TruAmerica acquires multifamily communities in Denver and Orlando in separate transactions totaling $126 million

TruAmerica Multifamily has acquired in separate transactions, Loretto Heights, a 312-unit apartment community in Denver, CO for $72.25 million and Legends at Lake Mary, a 272-unit apartment community in Orlando, FL for $54 million. Following...

Elion Partners and Buchanan Partners break ground on 254-unit luxury apartment building at Glenmont...

Elion Partners, a real estate investment firm, and Buchanan Partners, a real estate development firm, have broken ground on a 254-unit luxury multifamily building adjacent to the Glenmont Metro station in the Maryland suburbs...

The Donaldson Group, Declaration Capital, & Angelo, Gordon acquire 288-unit apartment community in Hyattsville,...

In an off-market transaction, The Donaldson Group of Rockville, MD, New York-based Declaration Capital, and New York-based Angelo, Gordon have acquired Plaza Towers Apartments, a 288-unit high rise apartment community located in Hyattsville, Maryland....

Pathway to Living begins pre-leasing at Heartis Village of Brookfield in West Suburban Milwaukee

Pathway to Living, a Chicago-based developer, owner and operator of senior living communities, today announced the start of pre-leasing at Heartis Village of Brookfield, a 104-unit assisted living and memory support community in Brookfield,...

Renovation of multifamily properties helping to meet housing demand

Multifamily owners and managers who expect a high rate of return and an increase in the value of their assets are achieving their financial goals by upgrading the functionality and overall aesthetic appeal of...

Bascom Arizona Ventures acquires Phoenix Class A multifamily property for $89.2 million

Bascom Arizona Ventures, LLC a subsidiary of Irvine, California-based private equity firm The Bascom Group, LLC has acquired the Tempo at McClintock Station Apartments ("Tempo"). Tempo is a mid-rise multifamily property consisting of 423...

Passco Companies acquires 306-unit, Class A+ multifamily asset in rapidly growing Lexington, Kentucky for...

Passco Companies, a privately-held California-based real estate company that specializes in the investment, acquisition, development, and management of commercial properties throughout the U.S., has acquired The Henry at Fritz Farm, a 306-unit, Class A+...

325 Ferry Street luxury rental building to open in Newark’s bustling North Ironbound neighborhood

325 Ferry Street, a brand new collection of 91 luxury rental residences in Newark’s bustling North Ironbound neighborhood, will debut to the public in mid-March, the community’s developer announced today. As the latest example of...
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