CBRE finances acquisition of 157 units in Walpole, Massachusetts
CBRE announced today that it has secured $37,200,000 in financing to assist with the acquisition of Alta Easterly, a 157-unit apartment community located at 1100 Cricket Lane in Walpole, Massachusetts.
John C. Kelly and Collin...
Terra to create new multifamily apartment community on 70-acre site in northwest Miami-Dade County
As demand for market rate housing in South Florida grows and savvy developers look to shift density to high-lying ground with an eye toward climate resilience, Terra has finalized plans to build more than 1,369...
Marcus & Millichap sets price per unit record with $14,500,000 sale of 72-unit apartment...
Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of Sand Cove Apartments, a 72-unit apartment property located in St....
Passco Companies continues to grow Atlanta portfolio with acquisition of 423-unit Class A multifamily...
Passco Companies, a privately held California-based commercial real estate company that specializes in acquisition, development, and property and asset management throughout the U.S., has acquired Avana Lenox, a 423-unit apartment community in Atlanta, Georgia....
Stepp Commercial completes $4.38 million sale of 1316-1322 Third Street in Long Beach, CA
Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the approximately $4.38 million sale of 1316-1322 E. 3rd Street in the desirable Alamitos Beach neighborhood of Long Beach, CA....
Housing Trust Group completes new affordable senior housing community in Palm Beach County
Housing Trust Group (HTG), one of the nation’s most prolific developers of affordable housing, announces the completion of Heron Estates Senior, a new 101-unit, $24 million affordable housing community for seniors in the City...
JLL raises $335.6 million in capital for Bay Area mixed-use project
JLL announced today that it has raised capital totaling $335.6 million for the development of Gateway at Millbrae Station, a transit-oriented, mixed-use residential and office property adjacent to the Millbrae BART and Caltrain Stations...
Cushman & Wakefield represents Forest Properties in $42.1 million sale of an apartment community...
Cushman & Wakefield has arranged the sale of The Lexington Apartment Homes, a 267-unit multifamily community in Sarasota, for $42.1 million, or $157,711 per unit. With below-average rental rates currently in place, the garden-style...
Levin Johnston transacts $40.5 million multifamily acquisition in Mountain View, California
Levin Johnston of Marcus and Millichap, correctly advised its client, a private buyer, to offer $40,500,000 to be selected as the successful bidder in the acquisition of a multifamily townhome property located in one...
Mesa West Capital funds $52 million loan for acquisition of Seattle multifamily community
Mesa West Capital has provided the joint venture of Rise Properties Trust and Cigna Investment Management with $52 million in first mortgage debt for the acquisition and repositioning of a 131-unit multifamily building in...
Cushman & Wakefield arranges $5.54 million sale for Elevation Financial Group
Cushman & Wakefield has arranged the $5.54 million sale of Serenity Apartments at Fairfield and Serenity Apartments on Valley Creek, two apartment communities totaling 168 units located in Birmingham, Alabama. Josh Jacobs and Craig...
Interra Realty brokers sale that achieves highest price per unit in a decade in...
Interra Realty, a Chicago-based commercial real estate investment services firm, today announced it brokered the sale of 4740-48 S. Greenwood Ave., a four-story, 31-unit rental community in Chicago’s Kenwood neighborhood. The asset sold for...
Grubb Ventures, Stiles sell luxury multifamily development The Carolinian in Raleigh, North Carolina
A joint venture of Stiles Residential Group (SRG), a division of Fort Lauderdale-based Stiles, and Raleigh-based Grubb Ventures has sold The Carolinian, a new 186-unit luxury apartment mid-rise in one of Raleigh’s most exclusive...
Cushman & Wakefield arranges $29.5 million multifamily sale for The Sterling Group
Cushman & Wakefield has arranged the sale of The Forest, a 272-unit multifamily property in Durham, for $29.5 million. Cushman & Wakefield’s Watson Bryant, Jordan McCarley and Paul Marley represented seller, The Sterling Group,...
Marcus & Millichap brokers sale and financing for DFW multifamily property
Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale and financing of The Apartments at Fountains Corner, a 418-unit multifamily...
