Thursday, November 28, 2024

Deal boom

Apartment deals, mergers and acquisitions

R.D. Olson Construction completes Hotel Trio and Citrine Apartments in Sonoma County

R.D. Olson Construction, an award-winning general contracting firm in California, recently marked the completion of a ground-up, two-part construction project in Healdsburg. The project included Hotel Trio, a 122-room hotel, and Citrine Apartments, a...

Pathway to Living completes acquisition of 101-unit senior living community in Northwest Suburban Chicago

Pathway to Living, a Chicago-based developer, owner and operator of senior living communities, today announced it has completed its acquisition of Grandbrier of Prospect Heights, a 101-unit senior living community in Prospect Heights, Ill.,...

Interra Realty brokers sale of $8.7 million mixed-use portfolio in Chicago’s Hyde Park

Interra Realty, a Chicago-based commercial real estate investment services firm, today announced it brokered the $8.7 million sale of a portfolio of multifamily and mixed-use properties located near the intersection of 57th Street and...

Kiser Group brokers Evanston multifamily portfolio for $17 million

Kiser Group, Chicago’s leading mid-market multifamily brokerage firm, recently brokered an Evanston Portfolio for $17,025,000. The properties are located at 1940 Sherman Avenue and 829 Foster Street in Evanston, Illinois. The buyer, an undisclosed...

Urban core mixed-use building in downtown Fort Worth trades hands

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces the sale of 250 Lancaster, a 130-unit apartment complex with ground-floor retail in Downtown Fort Worth. The Class A complex was completed in...

Lynd unveils major apartment development in College Station

Lynd, a San Antonio-based full-service multifamily property management and development company, has announced plans to develop a College Station apartment community, Ranch at Arrington, with partner T.R. Inscore. The 272-unit market-rate project is in...

New ownership for metroplex multifamily asset in Fort Worth

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces the sale of Monticello Oaks, a three-story, 63-unit apartment complex in Fort Worth, Texas. “Monticello Oaks is a compelling value-add opportunity in the heart...

330-unit newly developed luxury multifamily asset purchased in Tampa Bay area

Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of Alexander at Countryside, a newly developed, 330-unit, luxury apartment complex...

Pathway to Living begins pre-leasing at 105-unit senior housing community in North Suburban Milwaukee

Pathway to Living, a Chicago-based developer, owner and operator of senior living communities, today announced the start of pre-leasing at Heartis Village North Shore, a 105-unit assisted living and memory care community in Glendale,...

Mid-1980s multifamily asset trades hands in Tempe

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces the sale of Flagstone Apartment Homes, a 376-unit multifamily asset in Tempe, Arizona. “The diverse and ever-expanding employment landscape, along with the lifestyle conveniences...

Mixed-use apartment community to deliver international design, wellness, technology, rooftop dining, sky park and...

City Club Apartments (CCA), a nearly 100-year old company founded in Detroit in 1919, broke ground today on its City Club Apartments Crossroads urban apartment and mixed-use community. Mayor Sly James and City Club...

American Realty Advisors acquires 329-unit luxury high-rise apartment community in Midtown Atlanta, Georgia

American Realty Advisors (“ARA”) an institutional fund manager with more than $8.7 billion in assets under management, has acquired Azure on the Park, a 329-unit, Class A, luxury high-rise apartment community in Midtown Atlanta,...

Luxury design/build firm Blue Heron completes numerous housing communities in Southern Nevada

Blue Heron, a Southern Nevada-based design/build firm, announced today it is in the midst of closing out several communities and gearing up to launch others in the Las Vegas valley. Five of Blue Heron’s innovative,...

Legacy Partners announces grand opening of Baxter on Broadway

Legacy Partners, a privately owned national real estate firm, announced the grand opening of Baxter on Broadway, a five-story, 130-unit boutique apartment community in the Temescal neighborhood of Oakland. Baxter on Broadway, located at...

New Santa Barbara mixed-use asset hits the market

Institutional Property Advisors (IPA), a division of Marcus & Millichap, is the exclusive listing agent for The Marc, a new-construction, luxury 89-unit multifamily asset with a retail component in Santa Barbara, California. The price...
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