Deal boom

Fort Lauderdale-based Stiles, along with partners Shorenstein Properties LLC, an owner and operator of high-quality office, residential and mixed-use properties across the U.S., and Broward College celebrated today the groundbreaking of The Main Las...

JMF Properties, RD Management LLC, and Accurate Builders and Developers announced today that the joint venture partnership has closed on a 14-acre site on the former Military Ocean Terminal at Bayonne (MOTBY).  The closing...

Evergreen Real Estate Group, in partnership with the Chicago Housing Authority, today announced the start of construction on Oso Apartments, a 48-unit affordable rental community at 3435 W. Montrose Ave. in Chicago’s Albany Park...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces the sale of The Ledges Apartment Homes, a 339-unit multifamily property in Groton, Connecticut. “The asset is extremely well positioned to benefit from the...

MacFarlane Partners, a real estate investment manager and developer that specializes in investments promoting smart growth, urban revitalization and sustainability, announces today the topping off of Park Fifth, a 24-story high-rise that it is...

Avanath Capital Management, LLC, a private real estate investment manager and Registered Investment Adviser, has acquired two affordable multifamily properties totaling 668 units in the Chicago metro. The assets were acquired through Avanath’s institutional...

Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of the San Marino Retirement Community, a 185,871-square-foot independent living, assisted...

Wermers Properties and R&V Management have completed the acquisition of Carlsbad Village Lofts, a property in Carlsbad with plans to develop a residential mixed use community befitting of the upscale coastal city. Carlsbad Village...

K & R Preservation, a New York City-based affordable housing development firm owned and operated by its principals Francine Kellman and Brian Raddock, announced today the acquisition and planned rehabilitation of two senior apartment...

Edison Village, Prism Capital Partners’ industrial-to-residential reimagining of the historic Thomas Edison Invention Campus, is ushering in a new brand of contemporary, amenity-filled living in Essex County, N.J. Encompassing 21 acres along Main Street...

The Community Preservation Corporation (CPC), a leading nonprofit affordable housing and community revitalization finance company, announced the closing of three permanent mortgages under the Freddie Mac Small Balance Loan (SBL) product. Totaling nearly $11...

Red Capital Group LLC (RED) recently arranged a $7.8 million construction loan for Tobacco Road apartments, an adaptive reuse of an historic building in Landisville (Lancaster County), Pennsylvania. Total project cost is $9.6 million. The...

Waterton, a national real estate investor and operator, today announced it acquired an 18-building, 280-unit garden apartment community located in the Denver suburb of Thornton, Colorado. The property, located just north of Denver in close...

George Smith Partners, one of the nation’s leading commercial real estate capital markets advisors, has successfully arranged $17 million in non-recourse refinancing with a $10 million cash-out component for a 14-building, 120-unit multifamily asset...

Meridian Capital Group, America’s most active dealmaker, arranged $258 million in acquisition and construction financing for three multifamily developments in Bayonne. Linden and Raritan, NJ on behalf of Jack Klugmann and Accurate Builders &...