Wednesday, November 27, 2024

Deal boom

Apartment deals, mergers and acquisitions

Announcing Uptown Apartments at Kirkland Urban

Kirkland Urban co-developers Talon Private Capital and Ryan Companies US Inc., announced today the naming of the residential portion of the Kirkland Urban project, to be known as ‘Uptown’.  The redevelopment site, historically known...

Kairoi Residential continues expansion in multifamily; acquiring assets in San Antonio and Houston

Kairoi Residential is pleased to announce their most recent acquisitions: a portfolio of four San Antonio, Texas assets and a single asset in The Heights neighborhood of Houston, Texas. Kairoi sourced the San Antonio value-add...

$161.9 million multifamily portfolio in Los Angeles county sold by IPA

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces the sale of an eight-property, 644-unit multifamily property portfolio in Los Angeles County, California. The sales price is $161,914,700. “We generated 130 offers and...

Immediate-delivery townhome available at Provenance near Northbrook, Ill.

Red Seal Homes today announced it has completed a move-in-ready townhome at Provenance, the builder’s master-planned community of single-family homes, duplexes and townhomes in the Northbrook area of unincorporated Cook County, Ill. “Though the Terrace...

$43.55 million suburban Phoenix multifamily sale brokered by IPA

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces the sale of Vue Park West, a 260-unit multifamily asset located within Park West, a 250,000-square-foot open-air lifestyle center in Peoria, Arizona. The...

Levin Johnston creates win-win for buyer and seller with $15 million multifamily asset trade...

Levin Johnston, one of the top ten multifamily brokerage teams in the U.S., has directed the $15 million sale of Velocity at Sequoia Station, a 30-unit multifamily community in Redwood City. Levin Johnston represented both...

Pre-leasing begins at Clarkview Apartments in Chicago’s Lakeview Neighborhood

Chicago-based Spaces Real Estate today announced that pre-leasing is underway at Clarkview Apartments, an upscale rental community at 3226-28 N. Clark St. in Chicago’s Lakeview neighborhood, two blocks east of the Belmont CTA station....

S.L. Nusbaum Realty Co. breaks ground on phase II of Valor Apartment Homes in...

S. L. Nusbaum Realty Co. is pleased to announce the groundbreaking of Phase II of Valor Apartment Homes, a 120-unit contemporary affordable housing community. The completion of this project will bring the total number of...

StreetLights Residential breaks ground on second Northwest Austin community, The Elizabeth

StreetLights Residential, a design-focused multifamily and mixed-use developer, recently broke ground on a luxury multifamily community, The Elizabeth at Presidio. StreetLights’ first development in this growing northwest Austin neighborhood, The Michael at Presidio, a...

JMF Properties named redeveloper of former Colgate-Palmolive property in Morris Township

JMF Properties, the Whippany-based development and management firm with more than 25 years of experience in the industry, announced today that it has been designated the redeveloper of the former Colgate-Palmolive industrial campus on...

Interra Realty brokers sale of 32-unit apartment building in Chicago’s uptown neighborhood

Interra Realty, a Chicago-based commercial real estate investment services firm, today announced it brokered the $5.75 million sale of 5022-30 N. Winthrop Ave., a three-story, 32-unit courtyard apartment building in Chicago’s Uptown neighborhood. The...

Granada Hills Townhomes trade hands at $21.5 million

Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of Granada Pointe Townhomes, a 52-residence multifamily asset in the Granada...

$22.15 million non-recourse loan arranged by Marcus & Millichap Capital Corp.

Marcus & Millichap Capital Corp. (MMCC), a leading provider of commercial real estate financing and capital markets expertise, has arranged a $22.15 million non-recourse loan to refinance Oakmont Apartments, a 336-unit, garden-style apartment complex...

MBA opens doors celebrates milestone: More than 2,000 families across America helped

The Mortgage Bankers Association’s Opens Doors Foundation (MBA Opens Doors) today announced that it surpassed a milestone, having provided mortgage or rental payment assistance grants to more than 2,000 families across the country. The...

Clarus Maplewood luxury rental community is now 100 percent leased

JMF Properties announced today that Clarus Maplewood, the boutique residential community right next to the Maplewood train station, is now 100 percent leased. Clarus Maplewood opened last summer as the first residential community in New...
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