Thursday, November 28, 2024

Deal boom

Apartment deals, mergers and acquisitions

HFF announces $41.05M sale of 4-property multihousing portfolio in Sonoma County, California

HFF announces the $41.05 million sale of a four-property multi-housing portfolio totaling 201 units in the Sonoma County community of Rohnert Park, California. The HFF team marketed the property on behalf of a private investor,...

Marcus & Millichap arranges sale of 16-unit apartment building on Chicago’s South Shore

Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of a 16-unit apartment property located in Chicago, according to David...

Trez Forman Capital Group expands into New York with Astoria construction loan

Trez Forman Capital Group continued its successful year by completing its first transaction in New York. The private lender closed a construction loan for a multifamily redevelopment in the Queens neighborhood of Astoria. The nearly...

InvestRes expands Florida footprint with acquisition of multifamily property Coral Pointe at the Forum...

InvestRes has purchased 'Coral Pointe at the Forum', a multifamily property located in the North Lee County submarket of Fort Myers. Coral Pointe is a 252-unit community, which will be managed by InvestRes's in-house property management division, ResProp Management. Coral Pointe at the...

MassHousing closes on $23.6 million in tax-exempt financing for newly built 108-unit mixed-income apartment...

MassHousing has closed on $23.6 million in affordable housing financing to Princeton Properties and Parse Capital. The MassHousing permanent financing supports affordability at the Mill and 3 Apartments, a 108-unit, mixed-income apartment community in...

HFF announces joint venture equity for 2 adjacent apartment communities in Dallas

Holliday Fenoglio Fowler, L.P. (“HFF”) announces a joint venture equity raise for the acquisition of two adjacent apartment communities in Dallas, Texas, totaling 712 units – Emory at Horizon North and Ashmore at Horizon...

Waterton acquires 260-unit Bay Village Apartments in Vallejo, Calif. with plans for community-wide renovation

Waterton, a national real estate investor and operator, today announced it acquired Bay Village Apartments in the San Francisco suburb of Vallejo from Kennedy Wilson and its joint-venture partner. Originally built in 1987 and...

Alliance Residential announces plans for Broadstone Sugar Hill in Gwinnett County

Alliance Residential is pleased to announce it has closed on the acquisition of a 7.496-acre parcel of land in Gwinnett County, Georgia for its latest multifamily development, Broadstone Sugar Hill. Located at 5010 West...

Levin Johnston directs $24.25 million trade of 73-unit multifamily community in Pleasanton, California

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 directed the $24.25 million trade of Vista Del...

Legacy Partners and AIG joint venture close on Hayward development site

Legacy Partners (Legacy), a privately owned national real estate firm, in a joint venture with American International Group, Inc., announced today the acquisition of a 1.78-acre development site located at 28168 Mission Boulevard in...
Stonehenge Apartments

HFF closes sale of Stonehenge Apartments in Raleigh, North Carolina

HFF announces the sale of Stonehenge Apartments, a 452-unit, garden-style multihousing community in the North Raleigh submarket of Raleigh, North Carolina. The HFF team marketed the property on behalf of the seller, Chicago-based Magnolia Capital....

HFF announces structured financing for 200-unit Minneapolis luxury multihousing development

Holliday Fenoglio Fowler, L.P. (HFF) announces the financing of LakeHaus, a 200-unit, Class A apartment development located on Lake Calhoun in Minneapolis, Minnesota. The HFF team worked exclusively on behalf of a joint venture led...
Legacy Lakeshore

Legacy Partners closes on 3.38-acre multifamily development site in Irving, Texas

Legacy Partners (“Legacy”), a privately held national real estate firm, and HGC Investment Management, announced today the close of a 3.38-acre development site in Irving, Texas’s lakefront community of Las Colinas. The multifamily development,...

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

Hunt Midwest has received final approval from city officials in Gallatin, Tenn., to build The Capstone at Station Camp, an assisted living and memory care community, on a 6-acre site at the southeast corner...

TMG Partners and KKR acquire 1221 City Center in Downtown Oakland

TMG Partners, one of the Bay Area’s largest mixed-use property developers, and KKR, a leading global investment firm, announced today the purchase of 1221 City Center in Downtown Oakland, California. The purchase is the...
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