Friday, April 26, 2024

Deal boom

Apartment deals, mergers and acquisitions

The Hillcrest

CEDARst and Quartz Lake Joint Venture Announces $145M San Diego The Hillcrest Multifamily Development,...

A joint venture partnership between Cedar Street Companies, a vertically integrated real estate development platform, and Quartz Lake Capital, a private equity real estate investment manager, completed the acquisition of a land assemblage totaling...
Orion Residential

Real Estate Firm Marquette Companies Launches Strategic Alliance with Orion Residential

Marquette Companies, a national leader in multifamily development, investment and management, announces its strategic alliance with Deerfield, Illinois-based Orion Residential Advisors, (“Orion”) an integrated multifamily investment and operating firm active in multiple markets nationwide. “Bringing...
Gardens Vista Apartments

Vista Residential Partners Receives City of Palm Beach Gardens Approval for New Luxury 221-unit...

Vista Residential Partners, a national multifamily development firm headquartered in Atlanta, Georgia received City of Palm Beach Gardens, Florida, approval for luxury 221-unit multifamily development, to be known as Gardens Vista Apartments. Located at the...
The Evergrove

Leon Capital Announces Pre-Leasing for The Evergrove Apartments in North Austin

Leon Multifamily is thrilled to announce pre-leasing for its newest highly anticipated luxury residential community The Evergrove exquisite apartment homes, located just north of Austin in Leander, Texas will begin this spring. "We are excited...
Homestead at Boulder City

The Bascom Group Picks Up 72-Unit Senior Housing Property Homestead at Boulder City in...

The Bascom Group LLC has acquired Homestead at Boulder City, a 72-unit, senior housing property in Boulder City, Nevada, for $3.05 million or $42.4k per unit. Homestead at Boulder City sits on 6.39 acres, has...
Nola Sol

Origin Credit Advisors Completes a $51.5M Construction Loan for Las Vegas Multifamily Project Nola...

Origin Strategic Credit Fund, a multifamily real estate credit fund, has agreed to provide a total of $61.3 million of construction debt and preferred equity financing for the development of Nola Sol, a multifamily...
Eagle Mill

MassHousing Has Closed on $5.8M in Affordable Housing Financing for the Redevelopment of the...

MassHousing has closed on $5.8 million in financing to Rees-Larkin Development, LLC, and Berkshire Housing Development Corporation, for the first phase of the redevelopment of the former Eagle Mill property in Lee, which will...
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...
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...
National Equity Fund

NeighborWorks Capital and National Equity Fund Announce LIHTC Equity Fund to Empower Partner Organizations

NeighborWorks Capital, a national non-profit Community Development Financial Institution (CDFI), has partnered with National Equity Fund (NEF), a leading non-profit multifamily, affordable, real estate investment manager, to launch the NeighborWorks Capital Equity Fund. "The idea...
Laura Street Trio

Red Oak Capital Holdings Provides $6.3M to Refinance Jacksonville Adaptive Reuse of Laura Street...

Red Oak Capital Holdings, LLC has provided $6.3 million to refinance Laura Street Trio, a collection of assets in the core of Downtown Jacksonville, Florida. The structures, considered to be among the most significant and...
Alta Westinghouse Townhomes

Wood Partners Breaks Ground on Alta Westinghouse Townhomes Near Austin Texas

Wood Partners, a national multifamily real estate development leader, proudly announces that construction is underway at Alta Westinghouse Townhomes in the Austin MSA. Located at 3225 Westinghouse Road, between the major arteries of IH-30 and...
Ebtide

CBRE Trades 12-unit Ebtide Apartments in Costa Mesa for $5.75M

CBRE arranged the sale of a 12-unit multifamily property, Ebtide, in Costa Mesa for $5.75 million to a private investor. The selling price represents $753 per square foot and over $479,000 per unit. It...
Covenant Gardens

Covenant Gardens Senior Apartments Affordable Housing Project Coming Soon to Southeastern Memphis

Christian Church Homes (CCH), in collaboration with New Covenant in Christ Ministries, Inc. (NCIC), is proud to announce the launch of the Covenant Gardens Senior Apartments project. This groundbreaking venture marks a significant stride...
Infinity at the Colony

Financing secured for Infinity at The Colony condominiums in Bonita Springs, Florida

JLL Capital Markets announced that it has closed the construction financing for Infinity at the Colony, a 96-unit, luxury, high-rise condominium development located within The Colony Golf & Bay Country Club in Bonita Springs,...
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