Levin Johnston directs $16.8 million multifamily acquisition in Palo Alto, 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 $16.8 million acquisition of a multifamily...
Russo Development opens second Kearny apartment community and closes on third
Kearny’s dramatic transformation from factory town to popular urban dwelling place continues with the opening of 280 units at Vermella West, the first phase of Russo Development’s 548-unit apartment community along the Passaic River....
Draper and Kramer acquires 180-unit luxury rental community in Schaumburg, Ill.
Chicago-based Draper and Kramer, Incorporated, today announced it has expanded its Chicago-area portfolio with the acquisition of North 680, a recently built 180-unit luxury rental community in Schaumburg, Ill. The property was purchased by...
The Habitat Company, Chicago Housing Authority, Cinespace and Sinai Health System to invest $200M...
Chicago-based The Habitat Company, a leading U.S. multifamily developer and property manager, today announced it received approval from the city’s Planning Commission to move forward with plans for a $200 million 10-acre mixed-use project...
Marcus & Millichap arranges sale of six multifamily properties totaling $7.6 million near planned...
Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced it has brokered the sale of six multifamily properties totaling more than $7.6...
Decron Properties acquires Silicon Valley apartment community for $84.6 MM, boosting investment activity for...
Decron Properties has acquired Willow Creek, a 208-unit multifamily community in San Jose, CA for $84.6 million, increasing its annual investment activity for the year to a record $345 million. Decron's other 2018 acquisitions include...
CPC closes $100 million Freddie Mac SBL portfolio in New York City
The Community Preservation Corporation (CPC), a Freddie Mac Seller/Servicer and leading nonprofit housing and community revitalization finance company, announced the closing of a $100 million portfolio under the Freddie Mac Small Balance Loan (SBL)...
Jonathan Rose Companies and the NHP Foundation acquire Shore Hill Housing in Brooklyn, NY
Jonathan Rose Companies, LLC, one of the country’s leading developers and investors in sustainable, affordable and mixed-income multifamily real estate, The NHP Foundation (NHPF), a national not-for-profit leader in providing quality affordable housing to...
IPA sells Vue Hollywood for $45 million
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced today the sale of Vue Hollywood, a 92-unit non-rent-controlled apartment building in Hollywood, California. The sales price is $45,018,000, which equates to $489,326...
$29 million multifamily asset in Northwestern Florida sold by IPA
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced today the sale of Fairfield Lakes Apartments, a 268-unit apartment community in Pensacola, Florida. The property sold for $29 million, which represents $108,209...
Mayor Emanuel joins The Habitat Company to celebrate the completion of $16M acquisition and...
Chicago-based The Habitat Company, a leading U.S. multifamily developer and property manager, announced today the completion of a $16 million acquisition and rehabilitation of a 153-unit single room occupancy (SRO) community in Chicago’s East...
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...
Bell Partners acquires multifamily community in Greater Fort Lauderdale area
Bell Partners Inc., one of the nation’s leading apartment investment and management companies, announced today that, on behalf of its Fund VI investors, it has acquired Broadstone Plantation, a premier 250-unit community located in...
Riverside Capital invests in Washington, D.C.
Riverside Capital, LLC (“Riverside”) is pleased to announce it has invested $10.1 million in Ainger Place Apartments, a 72 unit new construction property in the Randle Heights neighborhood of Washington, D.C. Ainger Place will...
Riverside Capital adds to investments in Camden, NJ
Riverside Capital, LLC (Riverside) is pleased to announce it has invested $15.5 million in Branch Village Townhomes, the second of a planned four-phase redevelopment of the Clement T. Branch public housing community in the...
