Saturday, May 18, 2024

Deal boom

Apartment deals, mergers and acquisitions

Hamilton Place

BWE Secures $19M in Financing for Trio of Affordable Indiana Properties, Hamilton Place and...

BWE, a national commercial and multifamily mortgage banking company, announced that it has secured $19,680,982 in financing to acquire and rehabilitate three affordable housing developments. Hamilton Place plus Madison Cottage of both Rensselaer and Benton...
927 Daisy Avenue

CBRE Arranges $17 Million in Multifamily Property Sales for 1031 Exchange Buyer in SoCal

CBRE announced the acquisition of five multifamily properties in Torrance and Long Beach, California, on behalf of an exchange buyer. The five transactions fulfilled the buyer's 1031 exchange requirement following the sale of a...
The Aviatrix

Kidder Mathews Arranges Sale of The Aviatrix BTR Community in Fairfield to Republic Urban...

The Aviatrix, an 18.93-acre build-to-rent (BTR) development site in Fairfield, California, has sold to Republic Urban Properties. Kidder Mathews First Vice President and multifamily investment sales specialist Matthew Clark exclusively represented both the buyer...
Pointe Grand Warner Robins

Berkadia Arranges $36.79M Bridge Loan for Hillpointe’s Newly Built Pointe Grand Warner Robins Apartments...

Berkadia announced the financing of Pointe Grand Warner Robins, a newly built, 288-unit multifamily property in Warner Robins, Georgia developed by Hillpointe, an integrated real estate development and investment management firm focused on purpose-built...
1646 Routt Street

Capstone Closes Sale of 9-Unit Multifamily Property 1646 Routt Street in Lakewood Colorado for...

Capstone has closed the sale of 1646 Routt Street, a 9-unit multifamily property in Lakewood for the sale price of $1,725,000. Austin Smith of Capstone brokered the transaction. 1646 Routt Street is located near the...
The Junction at Rockledge

Thompson Thrift to Develop Luxury 380-Unit Multifamily Community The Junction at Rockledge Near Orlando

Thompson Thrift, a full-service nationally recognized real estate company and one of the nation’s leading multifamily developers, announced the development of The Junction at Rockledge, a 380-unit Class A multifamily community in Rockledge, Florida. “The...
Water Oak

Newmark Closes Sale of 292-Unit Luxury Multifamily Asset Water Oak in Austin Texas

Newmark announces it has facilitated the sale of Water Oak, a 292-unit luxury multifamily asset located 10 miles from downtown Austin, Texas. The property traded from Austin-based JCI Residential to Chicago-based Sherman Residential for...
Woodmont Way at West Windsor

JLL Arranged the Refinancing for the 443-unit Woodmont Way at West Windsor in New...

JLL Capital Markets announced that it has arranged permanent financing for Woodmont Way at West Windsor, a 443-unit, garden-style, luxury multi-housing community located in West Windsor, Mercer County, New Jersey. JLL represented the borrower, Woodmont...
Talia Apartments

CBRE Arranges $74 Million Sale of 225-Unit Multifamily Community Talia Apartments in Marlborough

CBRE announced the completion of the $74 million sale of Talia Apartments, a 225-unit luxury apartment community located in Marlborough, Massachusetts within the dynamic MetroWest employment market. This residential community was acquired by a...
15 Parkview

Bronxville’s 15 Parkview Now Available for Rent in New York

Elk Homes, a leading developer of luxury residential rental properties in lower Westchester and Greenwich, Connecticut, announces that leasing has commenced at its newest venture, 15 Parkview Avenue in Bronxville, New York. Comprising an 80,000-square-foot...
Bell Old Town

Bell Partners Acquires Bell Old Town Apartment Community in Metro D.C.

Bell Partners (the "Company"), one of the nation's leading apartment investment and management companies, announced it has acquired The Thornton, a 439-unit apartment community located in Alexandria, Virginia. The community was acquired on behalf...
College Apartments

The Mogharebi Group Completes Complex $41.1M Reverse 1031 Exchange With Sale of 40-Unit College...

The Mogharebi Group (TMG) arranged the $4.6 million sale of the 40-unit College Apartments in Fresno, California, the final piece to a complex six-property reverse 1031 exchange transaction. Senior Vice President Robin Kane, who leads...
Presidium 183

Presidium Expands Austin Footprint with Presidium 183 in Austin Texas

Presidium, a diversified real estate development, investment and management firm, has broken ground on Presidium 183, a high-end, 395,590-square-foot residential development hosting 374 units. Nestled in North Austin's bustling North Burnet-Gateway Corridor, it's a...
Bainbridge Creekside

The Bainbridge Companies LLC Opens First Developed Community in Texas with Bainbridge Creekside

The Bainbridge Companies LLC, a fully integrated family of real estate companies that engage in virtually every step of the real estate process, from development and construction, acquisition and disposition, to asset management and...
Greenville Apartments

McShane to Build 262-unit Greenville Apartments in South Carolina

McShane Construction Company has been selected by repeat client Flournoy Development Group to build Greenville Apartments, a 262-unit multi-family community in Greenville, South Carolina. “We’re excited to kick off our second project with Flournoy Development,”...
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