Thursday, April 25, 2024

Deal boom

Apartment deals, mergers and acquisitions

Tuscany at Gabriella Pointe

Frankel Family Trust Announces 760-Unit Luxury Apartment Community Tuscany at Gabriella Pointe Breaks Ground...

The Frankel Family Trust – a privately-owned, multifamily property developer and owner – came together with Gilbert Mayor Brigette Peterson as well as general contractor CHASSE Building Team and other community and business leaders...
Rêve at Avondale Station

Trilogy Investments Announces Construction for Build-To-Rent Community Rêve at Avondale Station Has Commenced

Trilogy Investment Company, a leader in Build-To-Rent (BTR) community development, announces that land development at Rêve at Avondale Station in Avondale, Arizona, is underway. The 107-home BTR community, developed in collaboration with Pinnacle Partners, is...
Bellfort Plaza Apartments

Avatar Financial Group LLC Provides $6.5M for Bellfort Plaza Apartments in Southeast Houston

Avatar Financial Group LLC, a Seattle-based national hard money bridge lender for commercial real estate, has provided $6.5 million in financing for the 154-unit Bellfort Plaza Apartments. The multifamily community is situated in the...
Obsidian Capital Partners

Starwood Impact Investors Closes Investment in Obsidian Capital Partners

Starwood Impact Investors, a return-driven investment platform managed by Starwood Capital Group that is dedicated to investing in commercial real estate opportunities controlled by underrepresented partners, announced it has completed its inaugural investment in...
Sunrise of Oceanside

Sunrise of Oceanside Celebrates New Contemporary Community Offering Personalized Care and Vibrant Lifestyle to...

Sunrise Senior Living, a pioneer in personalized senior living services, proudly announces the grand opening of its newest community, Sunrise of Oceanside, situated at 4845 Mesa Drive in Oceanside, California. With a rich legacy spanning...
Foote Hills

The GSH Group Announces Sale of Foote Hills Property, Achieving Impressive Investor IRR of...

The GSH Group, one of the nation's fastest-growing multifamily real estate investment companies, is thrilled to announce the successful sale of its Foote Hills property in Grand Rapids, Michigan. The sale resulted in an...
Somerset

MedCore Acquires Two Senior Living Communities in Detroit, American House Somerset and Hampton Village

MedCore Partners in partnership with REDICO and American House Senior Living has completed the acquisition of two (2) senior living communities located in Troy and Rochester Hills, Michigan within the Detroit MSA. The communities...
Solamar Apartment Homes

JLL Secured the Construction Takeout Bridge Financing for Build-to-Rent Townhome Community Solamar Apartment Homes...

JLL Capital Markets announced that it has arranged the $43 million construction takeout bridge financing for Solamar Apartment Homes, a 210-unit, build-to-rent townhome community located in Kissimmee, Florida. JLL worked on behalf of the borrower,...
Rae on Sunset

Greystar Announces Leasing Has Begun at Rae on Sunset in Los Angeles California

Greystar Real Estate Partners, LLC ("Greystar"), a global leader in the investment, development, and management of real estate, including rental housing, logistics and life sciences, announced that it had begun leasing Rae on Sunset. Each...
Park Drive

JLL Arranged the Refinancing of the 444-unit Multifamily Community on Park Drive in Chicago

JLL Capital Markets announced that it has closed the $127 million refinancing of 465 N. Park Drive, a 444-unit, multifamily project located in the Streeterville neighborhood of downtown Chicago. JLL represented the borrower, a joint...
The Devan

Leasing Has Commenced at The Devan Luxury Multifamily Community in Jersey City

Fields Grade and Ursa Development Group announce the launch of leasing at The Devan, a new collection of 336 luxury rental residences paired with an elevated suite of amenities. The distinctive eight-story building presents a...
Ranch at Moorpark

Decron Sells Multifamily Community Ranch at Moorpark in Ventura County California for $133.2M

Decron Properties has sold Ranch at Moorpark, a 376-unit multifamily community in Moorpark, California to AEW Capital Management for $133.2 million. The Ranch at Moorpark offers luxurious California style living, with a combination of abundant...
Naranja Grand

Housing Trust Group & Elite Equity Development Break Ground on Phase 2 of New...

Housing Trust Group (HTG), a leading multifamily developer, has closed on financing and commenced construction on Naranja Grand II, a new $71 million affordable apartment community comprised of 200 residences in Southwest Miami-Dade County,...
Placita Dolores Huerta

Community Housing Announces Grand Opening of Affordable Housing Community Placita Dolores Huerta Near Coachella

The complex was developed by the Community Housing Opportunities Corporation (CHOC), a non-profit developer of affordable housing that recently opened another community in the desert area, announces grand opening of Placita Dolores Huerta in...
Hickory Lake Apartments

FCP Acquires 322-unit Hickory Lake Apartments in the Nashville MSA

FCP® announces the acquisition of Hickory Lake Apartments, a 322-unit multifamily property at 3940 Apache Trail in Antioch, Tennessee in the Nashville MSA. The acquisition of Hickory Lake marks FCP’s 6th transaction in the Nashville...
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