Luxury suburban Pittsburgh multifamily asset sold by IPA for $61 million
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Ascent Four Thirty, a 319-unit luxury apartment community located in the affluent northern Pittsburgh suburb of Wexford, Pennsylvania. The property...
Revel Vegas, a refined senior community in Las Vegas, now pre-leasing
The Wolff Company—a Scottsdale-based private equity firm and developer—today announced that pre-leasing has begun for its new refined senior community: Revel Vegas. Located just five minutes from the Siena Golf Course, Revel offers exclusive...
Hanley Investment Group lists rare 12.60-acre mixed-use residential development opportunity in the heart of...
Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm has been awarded the listing of a 12.60-acre former Kmart-anchored...
Bell Partners acquires community in San Francisco Bay Area
Bell Partners Inc., one of the nation’s leading apartment investment and management companies, announced today that, on behalf of its Fund VI investors, it has acquired Maxwell, an 80 unit mid-rise community located in...
Alpha Wave Investors acquires 144-unit multifamily property in rapidly growing Las Vegas market
Alpha Wave Investors, a private equity investment firm specializing in opportunistic and value-add multifamily and hospitality assets in the Western U.S., has acquired Cypress Springs Apartments, a 144-unit multifamily community situated in the Centennial...
CBRE arranges sale of 410-unit Chatsworth Apartments in Atlanta’s central perimeter area
CBRE has facilitated the sale of Chatsworth, a 410-unit gated apartment community located along Atlanta’s top end perimeter, Interstate 285, at 4800 North Hill Parkway. Situated within the largest office market in Metro Atlanta,...
Stonebridge acquires 200-unit Marietta, GA apartment community for $23.5 million
StoneBridge Investments of Washington, DC has acquired Avia East Cobb, a 200-unit apartment community located in the affluent Atlanta suburb of Marietta, GA for $23.5 million. The seller, an entity controlled by Harbor Group...
McNair interests announces transformative mixed-use project in Houston’s Uptown District
Today McNair Interests, a private investment and management company, revealed plans to transform a vacant six-acre site in the heart of Houston’s Uptown District into a luxury mixed-use project. Centrally located at the intersection...
Sales Start This Summer for 22 Single-Family Rowhomes at Lexington Village in Chicago’s Avondale...
Lexington Homes, an active homebuilder throughout the city and suburbs, is bringing a new maintenance-free community of 22 single-family row-homes with fenced-in yards and private, detached two-car garages to the burgeoning Avondale neighborhood on...
Levin Johnston directs sale of transit-oriented multifamily property in downtown San Jose
Levin Johnston, a division of Marcus & Millichap and one of the top ten multifamily brokerage teams in the U.S., has directed the $12.5 million sale of First Street Manor, a 39-unit multifamily community...
One William launches in downtown Englewood with new luxury rental residences and modern amenities
Downtown Englewood, known for its burgeoning cultural, shopping and entertainment offerings and prime access to New York City, is getting a major residential upgrade with today’s launch of One William, a new luxury rental...
Tower 16 Capital Partners acquires 228-unit apartment community in Las Vegas
San Diego-based Tower 16 Capital Partners and Henley USA have partnered to launch Altura, a new brand of multifamily apartment communities in Las Vegas. The partnership made their first acquisition last month, a 228-unit...
Trez Forman Capital Group Closes $17.2 Million Loan to Fund New Residential Development in...
Florida-based Trez Forman Capital Group has completed a $17.24 million loan that will be used to fund the purchase of a 138-acre parcel in Hillsborough, North Carolina, just outside of Durham and Chapel Hill....
1,024 bed student housing asset sold by the Shin–Zylstra team of 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 Northpoint, a 154-unit, 1,024-bed student housing property located in Rexburg,...
Cambridge arranges $32.7 million HUD loan to refinance Zion Towers
Cambridge Realty Capital Companies reports funding a $32,750,000 HUD insured loan to purchase and moderately rehabilitate Zion Towers, a 211-unit affordable elderly housing complex located in Baltimore, MD. Jeffery A. Davis, Cambridge Chairman, said...