Friday, October 18, 2024

Deal boom

Apartment deals, mergers and acquisitions

Vermilion Development brings luxury condominiums and townhomes to the heart of Wicker Park with...

Vermilion Development today announced plans to begin sales for Alcove M.D.P., its newest condominium and townhome development in Chicago. Located at 1648-1650 Division St. and adjacent to a new mixed-use rental development, Alcove M.D.P....

Interra Realty Brokers $1.45 million deconversion sale in Oak Park, Ill.

Interra Realty, a Chicago-based commercial real estate investment services firm, today announced it brokered the $1.45 million deconversion sale of 244-46 S. Marion St., a 10-unit building in Oak Park, Ill. The buyer intends...

Alliance Residential Company breaks ground on Broadstone Bryant Park

Alliance Residential Company, one of the largest multifamily developers in the country, has broken ground on Broadstone Bryant Park, a 345-unit luxury apartment community just west of Uptown Charlotte in booming FreeMoreWest. The project anchors...

Apartment high-rise hits the market in Connecticut’s capital

Institutional Property Advisors (IPA), a division of Marcus & Millichap announces the firm is the exclusive listing agent in the marketing for sale of 250 Main Street Apartments, a nine-story, 214-unit multifamily asset with...

Mary Cook Associates launches four interior design projects with Toll Brothers Apartment Living

Chicago-based Mary Cook Associates (MCA), a national, award-winning commercial interior design firm, today announced it is working in partnership with Toll Brothers Apartment Living®, a subsidiary of Toll Brothers, Inc., on four new-construction multifamily...

CA Ventures begins construction on RISE on Chauncey near Purdue University

CA Student Living, the student housing investment and development division of Chicago-based CA Ventures, today announced construction is underway at RISE on Chauncey, a 16-story, 675-bed development at 100 S. Chauncey Ave. in West...

Interra Realty Brokers sale of 12-unit multifamily building on Chicago’s northwest side

Interra Realty, a Chicago-based commercial real estate investment services firm, today announced it brokered the $2.86 million sale of 3748-54 W. School St., a 12-unit apartment building in Chicago’s Avondale community. Interra Realty Managing Partner...

Perseus TDC begins construction on 200 Stovall redevelopment

Perseus TDC and its partner Four Points LLC today announce construction has begun on the conversion of 200 Stovall St. in Alexandria, Virginia. ELV Associates, a Boston-based investment manager with a local D.C. office,...

Interactive website live at The Place by Intracorp

The Place—new homes in Westside Costa Mesa by Intracorp—has launched their interactive website where home shoppers can experience the multi-level floorplans with just a click of the mouse. Zoom, flip, and print the floorplans side-by-side...

Alpha Wave Investors acquires 110-unit multifamily property in Tucson

Alpha Wave Investors, a private equity investment firm specializing in opportunistic and value-add multifamily and hospitality assets in the Western U.S., has acquired Orange Tree Village, a 110-unit townhome-style multifamily property in the Casas...

Strategic Legacy Investment Group, Inc. commences demolition for the Dream@Tamarind North in Hollywood

Strategic Legacy Investment Group, Inc. (SLIG), a Los Angeles-based private placement investment firm primarily focused on real estate development, announces that it has commenced demolition of existing properties for the construction of a new...

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...

WINLYND purchases apartment portfolio in Florida’s Panhandle for nearly $36 million

WINLYND LLC has acquired 1,031 apartments out of foreclosure located in Florida’s Panhandle for $35.68 million. The lender, Bank of Oklahoma, held six separate auctions.  WINLYND won three of them and acquired a fourth...

UIP opens 100-unit renovated apartment community in former Washington, DC WAMU HQ

Urban Investment Partners (UIP) of Washington DC has unveiled Frequency Apartments, a 100-unit luxury apartment community located in a former northwest Washington, DC office building that housed National Public Radio affiliate WAMU. UIP acquired the...

Tampa Metro area ranks number one in Florida in Site Selection Magazine’s 2017 Top...

Site Selection Magazine’s recently unveiled Top Metros of 2017 positions the Tampa Metro area as number one in the state of Florida, placing higher than the competing cities of Miami and Orlando, and number...
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