Thursday, November 28, 2024

Deal boom

Apartment deals, mergers and acquisitions

$29.2 million buys two West Virginia multifamily assets

Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of two multifamily assets with a total of 409 units in...

George Smith Partners secures $22.3 million in financing for ground-up workforce housing development in...

George Smith Partners, one of the nation’s leading commercial real estate capital advisors, has successfully secured $22.3 million in financing for the ground-up development of a 51-unit workforce multifamily property with 3,350 square feet...

Waterton acquires 8-property multifamily portfolio in growth markets of Arizona, North Carolina, Texas, and...

Waterton, a national real estate investor and operator, today announced it acquired an institutional-quality portfolio comprised of eight multifamily properties with a total of 3,685 units located in growth markets across four states. The...

Gebroe-Hammer Associates arranges sale of Plainfield, NJ multifamily portfolio for the second time in...

Gebroe-Hammer Associates has arranged the sale of a four-building multifamily portfolio located on Park Avenue and East 7th Street in the heart of Plainfield, N.J. The $6.4 million transaction was finalized by Adam Zweibel,...

Two Los Angeles multifamily properties trade for $6.27 million

Transwestern today announces it has brokered the sale of two multifamily properties in Los Angeles. A nine-unit building at 11642 Kiowa Ave. in the Brentwood submarket traded for $4.25 million, and a seven-unit property...

Riverside Capital invests in comprehensive redevelopment of Los Angeles affordable housing

Riverside Capital, LLC, a leading provider of investment capital to high quality affordable housing developers, is pleased to announce it has provided $25.4 MM in Jordan Downs 1B, the second phase of the comprehensive...

Pathfinder Partners, Silvergate acquire former convent just east of San Diego; announce plans for...

Continuing its expansion in the San Diego market, local real estate investment group Pathfinder Partners, LLC has partnered with San Diego-based developer, Silvergate Development, LLC, to acquire Little Flower Haven – a 4.1 acre...

Spirit Bascom Ventures acquires Hoboken, NJ multifamily property for $17.65 million

Spirit Bascom Ventures, LLC, a partnership between Irvine, California based The Bascom Group, LLC, and Stamford, Connecticut based Spirit Investment Partners, LLC acquired 1024 Clinton Street in Hoboken, New Jersey for $17.65 million. Spirit...

George Berkow Inc. and Novare Group break ground on 32-acre Town Center Project in...

George Berkow Inc., Novare Group and Batson-Cook Development Company (BCDC) have officially broken ground on the residential component of a  $200 million mixed-use, town center development in Lawrenceville, Ga. Called “SouthLawn,” it will add more than 600 residences, more...

Transwestern brokers sale of 12 North Texas multifamily assets valued at $275 million

Transwestern today announces its Dallas-based Multifamily Investment Services group brokered the sales on 12 apartment communities in North Texas, totaling 3,200 units. Transwestern Managing Director Taylor Snoddy and Vice Presidents Philip Wiegand and James...

All-cash multifamily sale in San Diego’s Little Italy

Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of Villa Cusma, a 40-unit luxury apartment complex with one retail...

One William taps into new rental demand and Englewood appeal with 40 percent of...

Strong demand for new luxury rental residences and the growing appeal of downtown Englewood as a vibrant residential destination have led to a successful Grand Opening at One William, where just over 40 percent...

Shag, city of Tukwila, King County library system and community celebrate opening of Tukwila...

Sustainable Housing for the Ageless Generation (SHAG) and the City of Tukwila recently held the Tukwila Village Community Celebration to commemorate the culmination of a 20-year vision by the City of Tukwila to transform...

Alpha Wave Investors, LLC expands presence in Salt Lake City metro with acquisition of...

A subsidiary of Alpha Wave Investors, LLC (Alpha Wave), a private equity investment firm specializing in opportunistic and value-add multifamily and hospitality assets in the Western U.S., has acquired Park Station Apartments, a 94-unit...

Tower 16 Capital Partners continues Las Vegas area expansion, acquires 512-unit apartment community in...

San Diego-based Tower 16 Capital Partners, in a joint venture with Henley USA, has acquired a 512-unit multifamily project in Spring Valley, one of Las Vegas’s top submarkets. The project was acquired on an...
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