Friday, November 29, 2024

Deal boom

Apartment deals, mergers and acquisitions

LYND arranges acquisition of 569 apartment units in Illinois for Invest in America’s Veterans...

National multifamily real estate company LYND led the acquisition of two Illinois apartment communities that will provide quality and safe housing for American military veterans. The transaction further expands the Texas-based firm’s footprint in...

Vickers in historic Roswell opens

Vickers, a new mixed-use development in Historic Roswell by Miller Lowry Developments (MLD) and Kim King Associates, has welcomed its first residents. Combining modern luxury with the historic charm of Canton Street, Vickers has 80 apartment homes featuring...

HFF announces structured financing totaling $23.5M for Denver mixed-use development

Holliday Fenoglio Fowler, L.P. (HFF) announces debt and equity financing totaling $23.5 million for the development of Cherokee Flats, a Class A, mid-rise building in Denver, Colorado, with 4,980 square feet of ground-level retail...

HFF announces $9.52M financing for newly built apartment property in Denver, Colorado

Holliday Fenoglio Fowler, L.P. (HFF) announces $9.52 million in financing for King Street Apartments, a newly built, 29-unit/94-bed apartment property net leased to Regis University in Denver, Colorado. The HFF team worked exclusively on behalf...

Passco Companies acquires class a 288-unit apartment community in Destin, Florida for $63.3 million

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 Sea Glass Apartments, a Class AA, 288-unit apartment community...

HFF announces sale and financing of 8-property multihousing portfolio in North Carolina’s Research Triangle

HFF announces the sale and financing of an eight-property multihousing portfolio totaling 2,883 units in various high-growth submarkets within North Carolina’s Research Triangle. The HFF team marketed the offering on behalf of the seller, and...

Retreat Senior Living LLC and the Brothers of St. Patrick join forces on new...

Retreat Senior Living LLC is pleased to announce that it has entered into a long-term ground lease with the Brothers of St. Patrick to own and operate an 88-unit active lifestyle community for those...

R.D. Olson Construction commences $30 million renovation for Atria Senior Living

R.D. Olson Construction, an award-winning general contracting firm in California, began construction on Newport Terrace Senior Living for Atria Senior Living in Newport Beach. The 120,000-square-foot assisted living community will be comprised of two...

Clarus Maplewood achieves prestigious WELL Certification

Clarus Maplewood is officially a WELL Certified™ building, the community’s developer, JMF Properties, announced today. Clarus was awarded WELL Certification at the Gold level by the International WELL Building Institute™ (IWBI™). The prestigious distinction was...

Cityview announces opening of The Pearl on Wilshire in Koreatown

Cityview, a premier urban multifamily investment management and development firm, today announced the opening of The Pearl on Wilshire, a luxury mixed-use development featuring 346 apartment homes with a blend of studio, one- and...

Interra Realty brokers sale of $2.9 million mixed-use building in Chicago’s Bucktown Neighborhood

Interra Realty, a Chicago-based commercial real estate investment services firm, today announced it has brokered the sale of a mixed-use property at 2048 N. Damen Ave. for $2.9 million. The Interra team of Managing Partner...

Marcus & Millichap arranges $12.7 million sale of Riverside Plaza in Algonquin, Ill.

Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the $12.7 million sale of Riverside Plaza, a mixed-use property comprising 63 apartments and...

MassHousing closes on $45.7 million in financing for the acquisition and rehabilitation of 201-unit...

MassHousing has closed on $45.7 million in financing to the Jamaica Plain Neighborhood Development Corporation (JPNDC) for the acquisition, preservation and renovation of a 201-unit scattered site affordable housing portfolio in Roxbury and Dorchester....

HFF announces $31M financing for 160-unit independent living community in Colorado Springs, Colorado

Holliday Fenoglio Fowler, L.P. (HFF) announces $31 million in financing for Province Springs, a 160-unit, 55+ age-restricted luxury independent living community in Colorado Springs, Colorado. The HFF team worked exclusively on behalf of the borrower,...

The Keyes Company’s Carlos Villanueva arranges $5.6 million Little Havana rental portfolio sale

The Keyes Company’s Carlos Villanueva has completed the $5.6 million sale of a portfolio of 57 rental apartments in Miami’s Little Havana neighborhood. Villanueva, who is District Sales Manager of the firm’s Coral Gables...
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