Sunday, May 11, 2025

Deal boom

Apartment deals, mergers and acquisitions

Bel Aire Court Apartments

Trion Properties successfully sells two upgraded west coast multifamily assets totaling 108 units

Trion Properties, a private equity real estate firm that specializes in value-add multifamily investments along the west coast, recently sold two renovated multifamily communities totaling 108 units in Los Angeles, California, and Beaverton, Oregon,...
Springdale Apartments

JLL arranges financing for Milwaukee-area apartments

JLL announced today that it has arranged financing for Springdale Apartments, a 199-unit apartment community located in the Milwaukee suburb of Waukesha, Wisconsin. JLL worked on behalf of the sponsor, Spaulding Group, to secure the...

Cushman & Wakefield arranges $54.25 million sale for Newport Development Partners

Cushman & Wakefield has arranged the $54.25 million sale of 464 Bishop, a 232-unit apartment community located in Atlanta. Chris Spain, Robert Stickel and Alex Brown of Cushman & Wakefield represented the seller, Newport...
RealPage

RealPage to acquire Buildium

RealPage, Inc. announced on November 6  that it has agreed to acquire Buildium LLC, a leading SaaS real estate property management solution provider targeting smaller multifamily, single-family, Associations (HOA and Condo) and commercial real...
Edison at RiNo apartments, Denver

JLL arranges $60.3M financing for Denver apartment complex

JLL announced today that it has arranged a $60.3 refinancing for Edison at RiNo, a newly constructed, 277-unit multihousing complex in Denver’s RiNo neighborhood. JLL worked on behalf of the borrower, Clarion Partners, LLC, to...
Brunsfield North Loop

Greystone provides $10.8 million in Fannie Mae DUS financing for Minneapolis multifamily acquisition of...

Greystone, a leading national commercial real estate lending, investment and advisory company, announced it has provided a $10.8 million Fannie Mae Delegated Underwriting and Servicing (DUS) loan for the purchase of Brunsfield North Loop,...

Kiser Group brokers three West Ridge apartment buildings for $6.5 million

Kiser Group, Chicago’s leading multifamily brokerage firm, recently brokered three West Ridge apartment buildings in separate transactions. 6300 N. Leavitt sold for $3,000,000, 6515 N. Seeley sold for $2,650,000, and 2737 W. Glenlake sold...

McShane Construction Company to build 259 multifamily units in the Western Chicago Suburb of...

Warrenville, Illinois will soon benefit from a new multifamily community. Atlantic Residential has selected McShane Construction Company to construct a 259-unit, multi-building residence that will be known as Everton Flats. The property will incorporate...

Another 147 micro apartments planned for Austin

Transwestern Development Co. (TDC) today announces the acquisition of a 0.56-acre site at 817 W. 12th St. in Austin, Texas, to develop its third micro-unit community in the market. Located across from the newly...

StreetLights Residential announces first Arlington development with groundbreaking at Viridian

StreetLights Residential, a national design-driven developer of multifamily and mixed-use communities based in Dallas, recently broke ground on The Jackson, its first luxury multifamily community in Arlington. The development will be part of Viridian,...
6415-25 N. Richmond St

Interra Realty brokers largest year-to-date multifamily sale in Chicago’s West Rogers Park Neighborhood

Interra Realty, a Chicago-based commercial real estate investment services firm, today announced it brokered the sale of 6415-25 N. Richmond St., a 37-unit rental community in Chicago’s West Rogers Park neighborhood. The asset sold...
South Valley Ranch Apartments

Mesa West Capital originates $40.875 million loan for multifamily acquisition in Henderson NV

Mesa West Capital has provided The ConAm Group with $40.875 million in short-term, first mortgage debt for the acquisition and repositioning of South Valley Ranch Apartments in the Las Vegas submarket of Henderson, NV. South...

Levin Johnston successfully directs over $360 million in 1031 exchange transactions this year to...

Levin Johnston of Marcus and Millichap, one of the top multifamily brokerage teams in the U.S. specializing in wealth management through commercial real estate investments, recently directed the sale of a mixed-use property featuring...
Morris Crossing Apartments

JLL closes $39.5 million sale of Northern New Jersey apartments

JLL announced today that it has closed the $39.5 million sale of Morris Crossing Apartments, a 123-unit, garden-style apartment community in Morristown, New Jersey. JLL marketed the property exclusively on behalf of the seller, Morris...
Montego Bay Apartments

192-unit, value-add apartment complex in Sierra Vista, AZ sells for $13,912,500

Montego Bay Apartments, a 192-unit complex located at 409 S. Lenzner Avenue in Sierra Vista, Arizona, has sold for $13,912,500. The seller was CW Capital Commercial Real Estate Services, a loan servicing company that...
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