Tuesday, December 3, 2024

Deal boom

Apartment deals, mergers and acquisitions

Eastern Union Funding closes over one billion dollar first quarter

Eastern Union Funding, one of the nation’s leading commercial real estate mortgage companies, announced today that it closed over $1 billion of commercial real estate loans in the first quarter of 2018. The CRE...

Salt Lake City apartment complex wins Development of the Year

Wood Partners, a leader in real estate development and construction, announced their downtown development, Alta Gateway Station, has been named “Development of the Year” by the Utah Apartment Association. The Utah Apartment Association hires a...

IPA closes $317 million in Texas multifamily sales

                    Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces the completion of 12 multifamily transactions in Texas totaling 3,699 units in the first two months of 2018. The cumulative sales price was...

WINLYND acquires distressed note on 384-bed student housing community in Texas

WINLYND, LLC has acquired the distressed bank note on a 384-bed student housing community in Beaumont, Texas and subsequently took ownership of the property following a foreclosure auction. The purchase price was not disclosed. Village...

KTGY-designed mixed-use apartment community for 55+ active lifestyle to open near light rail station...

International award-winning KTGY Architecture + Planning announced today that Vita, a LEED Gold-designed 55+ mixed-use residential rental apartment community in the Denver Metro area is nearing completion. The sustainable 159-unit apartment community developed by...

219-unit condominium complex in Temple Hills, Maryland, sells through Chapter 11 bankruptcy plan

Transwestern today announces it represented the Lynnhill Condominium Association in the disposition of Lynnhill Condominiums, a 219-unit community at 3103 – 3107 Good Hope Ave in Temple Hills, Maryland. The property was purchased by...

FC acquires national footprint within Coldwell Banker Commercial Advisors and establishes Advisors Commercial Real...

First Capital today announced that it has acquired assets of Coldwell Banker Commercial Advisors, a privately held affiliate of Coldwell Banker Commercial, on March 31, 2018, for an undisclosed price. The acquisition combines FC’s...

New York City apartment building sold by Marcus & Millichap

Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of 420 East 80th Street, a 13-story, 155-unit apartment property located...

Waterton acquires 330-unit apartment community in Cypress, Texas

Waterton, a U.S. real estate investor and operator, today announced it has acquired Carrington at Barker Cypress, a 330-unit rental community at 7202 Barker Cypress Road in Cypress, Texas – approximately 25 miles northwest...

Walters Group builds The Ponds at Jackson Twenty-One as “Dream” Village takes shape

Walters Group is nearing completion on the first eight-unit residential building at The Ponds at Jackson Twenty-One with occupancy slated for May. When completed, the 88-unit income-restricted community will be part of a much...

IPA sells two Connecticut multifamily assets for $62.65 million

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces the sale of Middletown Brooke and Middletown Ridge, a two-property, 518-unit multifamily portfolio located in the Westlake District of Middletown, Connecticut. The portfolio...

Two decorated townhome models and design center open at Lexington Pointe in the heart...

Chicago-based Lexington Homes has announced the grand opening of two decorated models at Lexington Pointe, a new community of 58 townhomes in downtown Des Plaines. An on-site design center, with a full-time design consultant,...

Dominium begins construction on East Range Crossings

Dominium, a leading apartment owner, developer and manager, with regional headquarters in Denver, announced today that it will begin construction on East Range Crossings, a 252-unit affordable housing development in Denver, Colo. Dominium will begin...

Resource Apartment REIT III, Inc. purchases Tramore Village

On March 22, Resource Apartment REIT III, Inc., through a wholly owned subsidiary, completed the purchase of Tramore Village in Austell, Georgia. Built in 1999, the 324-unit community features numerous amenities, including two swimming...

JEMCOR Development Partners begins construction on 171 new mixed-income, transit-oriented apartments in Livermore

JEMCOR Development Partners today announces the groundbreaking for Ageno Apartments, a 171-unit, mixed-income, transit-oriented development located at South Vasco Road and Brisa Street in Livermore, Calif. Ageno Apartments marks the final construction phase in...
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