Thursday, May 2, 2024

Deal boom

Apartment deals, mergers and acquisitions

Glendale BFR

Capital Square Acquires Land for Single-Family Build-For-Rent Community Near Phoenix

Capital Square, one of the nation’s leading sponsors of tax-advantaged real estate investments and an active developer and manager of housing communities, announced that the firm has closed on construction financing and the acquisition...
Villa D'Oro Apartments

ABI Multifamily brokers 16-unit North Central Phoenix multifamily apartment community for $5 million

ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $5,000,000 / $312,500 per unit / $313.91 per square foot sale of Villa D'Oro Apartments,...
Park Village

Cushman & Wakefield arranges $20.2 million sale of Park Village in Orange Park

Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of Park Village, a 120-unit multifamily community in the Orange Park submarket of Jacksonville. The final transaction price was $20.2...
Lincoln Village

The REMM Group Twice Awarded Management of Lincoln Village Apartment Community

The REMM Group is pleased to announce that it has been awarded the management contract for Lincoln Village Apartment Community for the second time. "We are excited to return to Lincoln Village Apartment Homes and...
ArtWalk Apartments at City Center

Oak Coast Properties acquires ArtWalk Apartments at City Center Community in Englewood, Colorado, for...

Oak Coast Properties announced the $123.5 million acquisition of ArtWalk Apartments at City Center, a best-in-class 438-unit transit-oriented apartment community located in Englewood, Colorado. The purchase highlights Oak Coast Properties’ continued bullish stance on investment...
Bellwood Senior Apartments

Evergreen Real Estate Group Completes Affordable Bellwood Senior Apartments in Chicago

Evergreen Real Estate Group, a leader in the development, construction and management of both affordable and market-rate multifamily properties, has announced the completion of Bellwood Senior Apartments. The 80-unit community at 542 25th Avenue...
Peppertree and Spanish Oaks

Seven secondary market closings for Fluellen-Hoover multifamily 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 Fluellen-Hoover multifamily investment sales team closed seven multifamily transactions in secondary markets...

Four community-based designers selected for Enterprise Rose Architectural Fellowship

Enterprise Community Partners, Inc. (Enterprise) announced today the new class of Enterprise Rose Architectural Fellows. Partnering emerging architectural designers with community developers for three years, the award-winning fellowship is the premiere opportunity to build...

HUBBARD221 in Chicago’s River North reaches 65 percent leased milestone in 5 months

Chicago-based Hubbard Street Group and co-developer Centrum Realty and Development today announced that HUBBARD221, a 195-unit luxury rental tower in Chicago’s River North neighborhood, is now 65 percent leased just five months after opening. Located...

Franklin Street closes $41.875 million multifamily sale in Lenox Park submarket of Atlanta

Franklin Street has arranged the $41.875 million sale of the 335-unit Lenox apartment portfolio, located along Lenox Road NE and Woodland Avenue near the Morningside-Lenox Park neighborhood of Atlanta, Ga. Jake Reid, Chad DeFoor, and...
Marina Del Rey

Cushman & Wakefield arranges $24.5 million sale on behalf of Finvarb Group

Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of Marina Del Rey, a 108-unit apartment community located in Miami Beach, Florida. The final sale price was $24.5...
The Calmar

Avison Young brokers $15 million sale of mixed-use residential building in Rego Park

Avison Young’s New York office announced that its Tri-State Investment Sales Group has arranged the sale of 92-40 Queens Boulevard, a mixed-used residential building also known as “The Calmar” in Rego Park, Queens, for...
1800 W Glencrest Ave

CBRE completes $12.12 million sale of two multifamily apartment communities in Orange County, Calif.,...

CBRE announced the sale of two multifamily apartment communities totaling 38 units and $12.12 million in Orange County, Calif., in the completion of a 1031 exchange.   CBRE’s Executive Vice President Dan Blackwell, First Vice...
Arboleda Apartments

RAAM Construction completes construction of a $29 million affordable senior housing development in La...

RAAM Construction, a general building construction firm specializing in multifamily and historic preservation projects throughout California, has completed the construction of an affordable senior housing development in La Puente, California for $29 million. The 71,499...
Hawthorne Centre North

Cushman & Wakefield arranges sale on behalf of Hawthorne Residential Partners

Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of two apartment communities totaling 236 units located in Wilmington, North Carolina. Watson Bryant, Paul Marley and Hunter Bowling of...
Yield PRO