Monday, May 12, 2025

Deal boom

Apartment deals, mergers and acquisitions

4100 S.W. 24th Court

Marcus & Millichap announces the sale and financing of a Fort Lauderdale multifamily property

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of a 33-unit apartment property located in Fort Lauderdale, Florida. The 25,853-square-foot...
Citra

Institutional Property Advisors Closes Sale and Arranges Financing for Multifamily Asset Citra in Phoenix

Institutional Property Advisors, a division of Marcus & Millichap, announced the sale and financing of Citra, a boutique, 72-unit apartment property in Phoenix, Arizona. “The heavily built out Northwest Valley has strong renter demographics and a...
The Taft

Institutional Property Advisors brokers sale of iconic New Haven multifamily asset

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of The Taft, a 14-story, 194-unit apartment building with 18,000 square feet of ground floor retail space in New Haven, Connecticut. “Located...
Jefferson at Farmingdale

Cushman & Wakefield brokers sale of Farmingdale, N.Y., multifamily asset

A newly-constructed, luxury mid-rise apartment community has sold in Nassau County, announced commercial real estate services firm Cushman & Wakefield. A team of capital markets specialists based in New York and New Jersey brokered...
Waterscape Apartments

JLL secures $34.5 million loan for new multihousing investment platform

JLL announced today that it has secured $34.5 million in financing for Waterscape Apartments, a 180-unit, garden-style apartment community in Fairfield, California. JLL worked on behalf of a joint venture between Glencrest Group and Angelo,...
Vecina Apartment Villas

Institutional Property Advisors brokers San Antonio multifamily sale

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Vecina Apartment Villas, a 297-unit multifamily property in San Antonio, Texas. “Vecina Apartment Villas, developed by LIV Development in 2020, offers...
Monterra Ridge Apartments

$62.5 million Santa Clarita Valley of Los Angeles multifamily asset sold by Institutional Property...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced today the sale of Monterra Ridge Apartments, a 232-unit apartment property in the Santa Clarita Valley city of Canyon Country, California. The asset...

Multifamily value-add asset sold by IPA

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces the sale of The Ranch at Fossil Creek, a 274-unit multifamily property in Fort Worth, Texas. “Built in 2002, The Ranch at Fossil Creek...
Broadstone Dobson Ranch

Institutional Property Advisors Closes Broadstone Dobson Ranch Sale and Financing in Mesa Arizona

Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced the sale of Broadstone Dobson Ranch, a 288-unit Class A multifamily asset in the Dobson Ranch master-planned community in Mesa, Arizona. “The...

Construction is underway at Clarus Glen Ridge luxury rental community

Clarus Glen Ridge, the luxury rental community in the historic Borough of Glen Ridge, is now under construction, developer JMF Properties announced today. Located on Baldwin Avenue, just a short walk from downtown Montclair and steps...
Fannwood Estates

Marcus & Millichap Closes Mid-Rise Apartment Property Sale Fannwood Estates in New York City...

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Fannwood Estates, a six-story, 312-unit multifamily asset located on an entire...
Lofts at Twenty25

Harbor Group Assumes Ownership of Foreclosed 623-unit Atlanta Multifamily Property Lofts at Twenty25

Harbor Group International has assumed ownership of the 623-unit asset after foreclosing on the $104.7 million, three-year floating rate loan it originated for former owner Miami-based Westside Capital Group. The Norfolk, Virginia-based apartment owner...
Polk Villas

Marcus & Millichap Closes Two Texas Metroplex Multifamily Sales for $40M

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Luna Vista, a 236-unit multifamily asset in Fort Worth and Polk...
The Nell

$53.9M in Financing Secured for The Nell in Dunellen New Jersey

Prism Capital Partners has secured $53.9 million in fixed-rate financing for The Nell, the firm’s mixed-use redevelopment of the former Art Color industrial facility in Dunellen. KeyBank Real Estate Capital, which represented Prism via...

Morgan Newfield says PBOC could raise interest rates this month

China’s central bank will likely need to react to an anticipated increase in US interest rates later in March. Analysts at Taipei, Taiwan based investment house, Morgan Newfield, say that it is widely expected the...
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