Wednesday, September 18, 2024

Deal boom

Apartment deals, mergers and acquisitions

Crossings at Cape Coral

Dominium to Resyndicate Crossings at Cape Coral with $6.1M Renovation

Dominium, a leading affordable housing owner, developer and manager announced the resyndication of Crossings at Cape Coral, a 168-unit family property in Cape Coral, Florida. Dominium will renew the property’s affordable housing status while beginning...
DUO Apartments

Institutional Property Advisors Arranges $62 Million Acquisition Financing for Northern California Multifamily Asset

IPA Capital Markets, a division of Marcus & Millichap, specializing in capital markets services for major private and institutional clients, arranged $62,139,000 in acquisition financing for DUO Apartments, a 301-unit multifamily asset in San...

New apartments and town Square for Twin Oaks, Mo.

In celebration of its founding 80 years ago, the city of Twin Oaks is getting a town square in the form of a $59 million mixed-use luxury apartment community that connects its residents to...
Alvista Willow Brook

Beachwold Residential acquires Alvista Willow Brook in CT, financing secured

JLL Capital Markets announced it arranged a $28.5 million acquisition financing for Alvista Willow Brook, a 180-unit multihousing property located in Meriden, Connecticut, that will now go by the name The Arlo. JLL represented the...
Adagio at Westshore Palms

RPH Multifamily Group of Marcus & Millichap sells Class-A community for record setting price...

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Adagio at Westshore Palms, a 47-unit apartment property located in Tampa,...
The Park at Forestdale

$25.75 million multifamily asset sale brokered by Marcus & Millichap in Birmingham, Alabama

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of The Park at Forestdale, a 486-unit multifamily asset in Birmingham, Alabama....
Savoy Manor

REEP Equity secures acquisition financing for Savoy Manor in Houston

JLL Capital Markets announced it arranged acquisition financing for Savoy Manor, a 192-unit multihousing property located in Houston, Texas. JLL worked on behalf of the borrower, REEP Equity, to secure the 10-year, floating-rate loan through...

Levin Johnston of Marcus and Millichap directs four multifamily property trades totaling $36.25 million...

Levin Johnston of Marcus and Millichap, one of the top multifamily brokerage teams in the U.S. specializing in wealth management through commercial real estate investments, has successfully directed four multifamily property trades totaling $36.25...
Bentley House

Institutional Property Advisors completes Eastside Seattle luxury apartment asset sale

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Bentley House, a condo-quality apartment property in Issaquah, Washington. “Seattle’s Eastside is experiencing the largest job growth in the region with...
The Depot

Thompson Thrift Hosts Ribbon Cutting for Luxury Apartment Community The Depot in Kansas City

Thompson Thrift, a full-service nationally recognized real estate company and one of the nation's leading multifamily developers, hosted a ribbon cutting for The Depot, a 300-unit Class A multifamily community in the Kansas City...
The Willow

Capitalization secured for The Willow, a new multihousing project in Dallas, Texas

JLL Capital Markets announced it closed on the capitalization of The Willow, a 190-unit multihousing development located in the rapidly growing Deep Ellum micromarket of Dallas, Texas, on behalf of the developer, Larkspur Capital...

$26.85 million Hartford County multifamily sale brokered by IPA

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces the sale of The Arbors at Brighton Park, a 132-unit multifamily asset in Bloomfield, Connecticut. The property sold for $26.85 million. “Completed in 2016,...
Jackson Square

Berkadia arranges financing for July Residential’s acquisition of a 1,275-unit multifamily portfolio in Houston

Berkadia announces it has secured financing for July Residential’s acquisition of a 1,275-unit multifamily portfolio of communities located in Houston, Texas. The five assets in the property, all built between roughly 1976 and 1983,...
Heartland Housing

Affordable Housing Investment Brokerage Advises On the 166-unit Heartland Housing Affordable Housing Portfolio Sale...

Affordable Housing Investment Brokerage Inc. (AHIB) was retained by a court-appointed receiver to identify and secure new owners for portions of Heartland Housing's Wisconsin portfolio, which included 166 affordable housing units across five properties...
Somerset at Montgomery

$26.3 million financing secured for New Jersey multihousing project

JLL Capital Markets announced that it has arranged $26.3 million in construction financing for The Somerset at Montgomery, a luxury, 115-unit multihousing development in Montgomery, New Jersey. JLL represented the borrower, Country Classics, to secure...
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