Servitas to Develop Mixed-Use Affordable Housing in East Austin
A pair of mixed-use developments with affordable housing and cultural spaces are coming to vacant city-owned lots in East Austin’s Cultural Heritage District. The proposals will transform Blocks 16 and 18 on East 11th...
Next Wave acquires 180-unit value-add multifamily community in Gresham, Oregon for $34 million
Next Wave Investors, LLC (Next Wave), a private equity firm focused on value-add multifamily investments, has announced its acquisition of The Nash, a 180-unit multifamily community in the Portland metro submarket of Gresham, Oregon,...
Habitat for Humanity New York City and Almat Group break ground on Sydney House
Habitat for Humanity New York City, a major affordable housing developer and advocate for affordable homeownership in New York City, in conjunction with the Almat Group and the New York City Department of Housing...
Dominium Secures Funds for 600 Glendale Affordable Housing Units, Juniper Square and 67 Flats
Dominium has rounded up the money to build two Glendale apartment communities. Merchants Capital has secured more than $86.2 million in Freddie Mac 4% Low-Income Housing Tax Credit (LIHTC) Tax-Exempt Loan (TEL) Forwards for...
CBRE Multifamily Group sells Commons at Windsor Gardens
The CBRE Capital Markets team today announced the sale of Commons at Windsor Gardens located in Norwood, Massachusetts.
The Commons at Windsor Gardens is a 914-unit 100% market-rate apartment community consisting of 682 flats and...
Middleburg Communities announces sale of Vesta Camp Creek in Atlanta, Georgia
Middleburg Communities (Middleburg), a Vienna, Virginia-based real estate investment, development, construction, and management firm announces the sale of Vesta Camp Creek, a 220-unit apartment community at 5100 Welcome All Road in Fulton County in...
Institutional Property Advisors Closes Tampa Bay Area Multifamily Asset Sale Buena Vista Apartments
Institutional Property Advisors, a division of Marcus & Millichap, announced the sale of Buena Vista, a 240-unit multifamily property in Tampa, Florida.
“Buena Vista is well positioned as a desirable value-add candidate with its infill...
Thompson Thrift Sells Avenue64 Near St. Louis Missouri
Thompson Thrift, a full-service nationally recognized real estate company, announced the sale of Avenue64, a 316-unit Class A multifamily community located in the affluent St. Louis suburb of O'Fallon. Bonaventure Holding Company purchased the...
Berkadia arranges sale of Class A multifamily high-rise in Central Houston, Texas
Berkadia Institutional Solutions announces it has arranged the sale of Chelsea Museum District, a 325-unit trophy-quality multifamily high-rise in Central Houston, Texas. Senior Managing Directors Chris Curry and Todd Marix, Managing Directors Jeff Skipworth,...
Value-add apartment community outside Washington, D.C., sells for $52 million
Transwestern Commercial Services (TCS) announces its Mid-Atlantic Multifamily Group has brokered the sale of Capital Crossing, a 359-unit, value-add investment property in Suitland, Maryland. Hampshire Properties sold the garden-style asset to Castle Lanterra for...
The Praedium Group acquires Lenox Grand Crossing in Houston, Texas
The Praedium Group, a national real estate investment firm, has acquired Lenox Grand Crossing, a newly constructed 330-unit multifamily asset located in Katy, Texas in the Houston MSA. Peter Calatozzo, Principal at The Praedium...
American Landmark adds Jacksonville apartments to portfolio
American Landmark Apartments, one of the fastest-growing multifamily owner-operators in the country, has acquired Deerwood Park, a 282-unit multifamily community in Jacksonville. The property will be renamed Eddison at Deerwood Park and will undergo...
Invictus, L3C acquire multifamily asset in Nashville’s Metrocenter submarket for $93.6 million
Newmark announces the $93.6 million sale and $69 million financing of Apex Glassworks, a 282-unit, recently constructed multifamily community located in Metrocenter, a fast-growing infill submarket in the heart of Nashville. The property traded from...
Beachwold Residential to start renovations for Candleglow Apartments
JLL Capital Markets announced the arrangement of $10.368 million in acquisition financing for the Candleglow Apartments located at 1071 Candlelight Blvd. in Brooksville, Florida.
JLL worked on behalf of the borrower, Beachwold Residential, to secure...
CBRE Multifamily Group sells Devonshire Place for $19,750,000
The CBRE Capital Markets team today announced the sale of Devonshire Place located at 50 Holy Family Road in Holyoke, Massachusetts, for $19,750,000.
CBRE multi-housing experts Simon Butler and Biria St. John exclusively represented the...
