Saturday, May 18, 2024

Deal boom

Apartment deals, mergers and acquisitions

Project Rendon

ARCTRUST Launches Project Rendon LLC Offering to Fund Development of 288-unit Dallas Multifamily Community

ARCTRUST Private Capital, the capital markets division of the ARCTRUST Group of Companies, announced the launch of Project Rendon LLC, a Regulation D private placement offering available to accredited investors under Rule 506(c). Project...
Lincoln Avenue

Interra Realty Brokers $9.6M Sale of Vintage Apartment Property on Lincoln Avenue in Chicago

Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the $9.6 million sale of a 28-unit multifamily property in Chicago’s Lincoln Park neighborhood on Lincoln Avenue. The deal equated to $342,857...
Lotus Point

StarPoint Properties Begins Vertical Construction for Lotus Point in Mesa Arizona

StarPoint Properties, a leading real estate investment firm focused on undervalued commercial properties, announced that they are under construction on the two opportunity zone projects totaling $115 million. StarPoint commenced vertical construction for two...
Retreat at Thousand Oaks

Institutional Property Advisors Brokers $171M Ventura County Multifamily Portfolio Sale

Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced the $171.25 million sale of a two-property, 399-unit multifamily portfolio in Thousand Oaks, California within Ventura County. The properties are Los...
Link Apartments West End

FCP Provides $22M in Preferred Equity for Arris NoDa in Charlotte and Link Apartments...

FCP announces $22 million in preferred equity has been invested through its Structured Investments platform to finance two multifamily transactions: the development of Arris NoDa in Charlotte, North Carolina with partner Arris. Also planned is a...
Timber Creek

S2 Capital Acquires 352-unit Multifamily Property Timber Creek in Charlotte North Carolina

S2 Capital ("S2"), a vertically integrated multifamily investment manager, announced it has acquired Timber Creek, a 352-unit multifamily property located in Charlotte, North Carolina, and represents S2's eighth property in the state. Financial terms...
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...
Parkside at Westfield

Construction Ahead of Schedule at Parkside at Westfield Near Newark

With foundations set and walls going vertical, construction is progressing ahead of schedule at Parkside at Westfield, a joint venture development of Premier Development and Garden Communities. The multifamily community will feature 162 luxury...
Ava Oakwood

BCDC and Imperium Development Forge Strategic Partnership with Multi-Family Project Ava Oakwood

BCDC, an opportunistic real estate development investment firm, is launching a joint-venture development partnership with Imperium Development, an Atlanta-based multifamily real estate development company. Ground has been broken on its first project, Ava Oakwood,...
Yardhomes Meadow Lake

Urban Moment Development Unveils Yardhomes Meadow Lake: a Fresh Take on Multifamily Living

Urban Moment, a real estate development company specializing in horizontal multifamily, announces preleasing on YardHomes Meadow Lake, their innovative approach to multifamily living. Scheduled to open its doors in February, YardHomes Meadow Lake will feature...
The Pavilion on 62nd

Cushman & Wakefield Arranges $35M Sale of The Pavilion on 62nd Student Housing Community...

Cushman & Wakefield announced that the commercial real estate services firm has arranged the $35 million sale of The Pavilion on 62nd, a 312-unit student housing community located at 1000 SW 62nd Blvd. in...
Dot Crossing

City of Boston and Partners Celebrate Grand Opening of Dot Crossing, a New Mixed-Use,...

The City of Boston, TLee Development, MassHousing, the Massachusetts Housing Investment Corporation, local elected officials, and residents celebrated the Grand Opening of Dot Crossing, a new mixed-use, transit-oriented development with first floor retail space...
Market Heights Apartments

Lawson’s Award-Winning Communities, Market Heights Apartments and The Retreat at Harbor Pointe Apartments Recognized...

Lawson is proud to share that Market Heights Apartments are recognized as an Elizabeth River Project River Star Business and The Retreat at Harbor Pointe Apartments achieved Sustained Distinguished Performance in the River Star...
Lorenzo Apartments

The Multifamily Group Transacts Sale of 72-Unit Lorenzo Apartments in San Antonio Texas

The Multifamily Group (TMG), a Dallas-based commercial real estate brokerage firm, announced the facilitation of Lorenzo Apartments sale in San Antonio. Jon Krebbs represented the seller, and Christopher Siemasko procured the buyer. “Despite a challenging market,...
35 Thayer Street

Marcus & Millichap Facilitates $6 Million Sale of New York Multifamily Property 35 Thayer...

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of a multifamily apartment building in New York located at 35 Thayer...
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