Thursday, May 22, 2025

Deal boom

Apartment deals, mergers and acquisitions

Allesandro Apartments

JLL Arranged the Joint Venture Equity for the 43-unit Allesandro Apartments Project in Los...

JLL Capital Markets announced that it has arranged a joint venture equity partnership for Allesandro Apartments, a to-be-built, 43-unit multi-housing project in the Echo Park neighborhood of Los Angeles, California. JLL represented the Sponsor, A.J....
Maxwell on 66th

Institutional Property Advisors brokers sale of new luxury multifamily asset in Greater Phoenix for...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Maxwell on 66th, a new, luxury 349-unit garden-style apartment property in the North Scottsdale Corridor of Phoenix, Arizona. The property...

Strategic Legacy Investment Group, Inc. commences demolition for the Dream@Tamarind North in Hollywood

Strategic Legacy Investment Group, Inc. (SLIG), a Los Angeles-based private placement investment firm primarily focused on real estate development, announces that it has commenced demolition of existing properties for the construction of a new...
Parkedge Townhomes

Governor Hochul Announces Completion of 184-Unit Affordable Housing Development in Utica

Governor Kathy Hochul announced renovations are complete on Parkedge Townhomes in Utica, a 184-unit Mitchell Lama development for families. Each unit at the 50-year-old complex received major upgrades and the project also funded a...

Six-building, mixed-use property sold in Austin

JLL Capital Markets announced that it has arranged the sale and financing of the Infinity Residences at The Triangle, an apartment community consisting of 529 units in North Central Austin, Texas. JLL completed the sale...
Barclay Village

CBRE Arranges Financing for Multifamily Community Barclay Village in Oregon City

Barclay Village, a 146-unit, garden-style multifamily community in Oregon City, Oregon, traded hands in a $29.2 million ($200k/unit) deal. The property was built in 1987 and has been undergoing extensive renovations since 2017. Barclay Village...

Aztec Group arranges $142 million in debt financing for Melo Group’s 667-unit Art Plaza

Aztec Group, Inc., Florida’s leading real estate investment and merchant banking firm for the past 38 years, announces that Peter Mekras, President of Aztec Group, has arranged $142 million in debt financing for Art...
Nineteen01

TruAmerica Finalizes $103M Purchase of Apartment Complex in Santa Ana, California

TruAmerica Multifamily, a national, institutionally-focused multifamily investment firm, expanded its Southern California portfolio with the $102.9 million purchase of Nineteen01, a 264-unit apartment asset in Santa Ana, CA. The Class A property, which was...
Seminole Village Apartments

Marcus & Millichap arranges the sale of a 56-unit apartment building in Seminole, Florida

Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of Seminole Village Apartments, a 56-unit apartment property located in Seminole,...
Cornelia-Stratford

Greystone Provides $18.2 Million in Fannie Mae DUS® Financing for Multifamily Property Cornelia-Stratford in...

Greystone has provided an $18,220,000 Fannie Mae Delegated Underwriting & Servicing (DUS®) loan for the acquisition of a 139-unit multifamily property Cornelia-Stratford in Chicago, Illinois. The financing was originated by Clint Darby and Andrew...

LYND— short name with a long, successful track record in multifamily, announces leadership changes,...

Founded in 1980, The Lynd Company (LYND), a San Antonio-based full-service multifamily property management organization currently managing approximately 23,000 units in 11 states, continues its strong legacy by announcing several key executive management appointments...
The Grove at South Shore

Multihousing community near Tampa refinanced with $53.77 million loan

JLL Capital Markets announced that it has arranged a $53.77 million refinancing for The Grove at South Shore, a 340-unit, garden-style apartment community in Riverview, Florida. JLL worked on behalf of the borrower, Beachwold Residential,...
Clearwater at The Heights in Houston

Hines and Clearwater Living Senior Housing Fund V to Recapitalize and Rebrand Luxury Senior...

Hines, Clearwater Living Senior Housing Fund V (a Clearwater Living investment vehicle) and an institutional investor have formed a joint venture to successfully recapitalize and rebrand Clearwater at The Heights in Houston. This initiative introduces...
Matheson Mill by Broadstone

Alliance Residential Company Opens Matheson Mill by Broadstone in NoDa Charlotte

Alliance Residential Company, one of the largest multifamily developers in the nation, has opened Matheson Mill by Broadstone, a 302-unit apartment community in Charlotte, North Carolina, located at 120 Matheson Avenue. Matheson Mill by Broadstone...
Paseo del Rio

Miami-Dade County, Related Group Celebrate Grand Opening of Latest Phases in $1B River Parc...

Miami-Dade County, in partnership with development leader Related Group, celebrated the grand opening of Robert King High and Paseo del Rio, two newly completed affordable housing communities in Miami’s Little Havana neighborhood. Delivering a...
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