Sunday, May 5, 2024

Deal boom

Apartment deals, mergers and acquisitions

Parcel H

JLL Secures $92.34M in Financing for Parcel H, Planned 12-Story Luxury Apartment Building in...

JLL Capital Markets announced that it has arranged the $92.34 million construction financing for Parcel H, a 354-unit, to-be-constructed, 12-story luxury apartment building located within the Washington, D.C. metro in North Bethesda, Maryland. In 2001,...
Haven at Mansfield

Ascendant Development Announces the Completion of Haven at Mansfield South of Dallas-Fort Worth

Houston-based multifamily developer, investor and general contractor Ascendant Development has finished and opened its latest development, Haven at Mansfield, in Mansfield, Texas. The 257-unit, four-story property was planned and designed by Houston-based architect EDI International....
Mossdale Landing

JLL Arranged Construction Takeout Financing for Mossdale Landing Apartments in Lathrop California

JLL Capital Markets announced that it has arranged the $51 million construction takeout financing for Mossdale Landing Apartments, a recently completed, Class A, 204-unit, garden-style apartment community located in Lathrop, California. JLL represented the borrower,...
Presidium Cotton Mill

Presidium Unveils Site Plan for Historic Cotton Mill Transformation in McKinney Texas

Presidium, a diversified real estate development, investment and management firm, has announced that the site plan for the Presidium Cotton Mill mixed-use development has received conditional approval from the City of McKinney, Texas. To accommodate...
Bainbridge Nona North

The Bainbridge Companies Celebrates Grand Opening of Bainbridge Nona North in Orlando

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...
Helix

Greystar Announces Helix Apartments Near Boston is Now Pre-Leasing for December Move-Ins

Helix, a new apartment community in Weymouth, Massachusetts, is pleased to announce that it is now accepting pre-leases with move-ins scheduled to begin in December. "Helix will be more than just a place to live,...
The Village at Blenehim Run

Green Street Housing and TM Associates Unveil Affordable Apartment Community Village at Blenheim Run...

Green Street Housing, a Maryland affordable housing developer, and project partners TM Associates Development, Inc., a full-service development and property management for conventional and affordable housing, announce the Grand Opening of Village at Blenheim...
One Riverwalk

Passco Companies Closes 303-unit Luxury Apartments One Riverwalk in Knoxville Tennessee for $120.7M

Passco Companies, a privately held California-based commercial real estate company that specializes in acquisition, development, and property and asset management throughout the U.S., in conjunction with its joint venture partner, Greystone, a national commercial...
Greys Harbor at Lake Norman

37th Parallel Properties Enters the Charlotte Market with Acquisition of Greys Harbor at Lake...

37th Parallel Properties, a leading multifamily real estate investment firm, announced it has acquired Greys Harbor at Lake Norman, a 312-unit residential community located in Huntersville, North Carolina. This acquisition marks 37th Parallel's inaugural...
Signal

McShane Delivers 285-unit Mixed-use Community Signal Near Hartsfield-Jackson Atlanta Airport

McShane Construction Company has completed the construction of Signal, a mixed-use apartment community in Hapeville, Georgia, for repeat client South City Partners. The development integrates 285 luxury apartment units and 4,392 square feet of...
504-508 E 12th St in New York

Marcus & Millichap Announces $19.5 Million Sale of Multifamily Portfolio

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of three adjacent, mixed-use apartment buildings located at 504-508 E 12th Street...
Alta Sergeant

Wood Partners Unveils Newest Luxury Community Alta Sergeant in Conroe near Houston

Wood Partners, a national leader in multifamily real estate development, announced the grand opening of its newest luxury residential community, Alta Sergeant. The property is located in Conroe, Texas, one of the fastest growing...
Everleigh Deerfield

Greystar Announces Active Adult Community Everleigh Deerfield Near Atlanta Begins Pre-Leasing

Greystar Real Estate Partners, LLC ("Greystar"), a global leader in the investment, development, and management of real estate, including rental housing, logistics and life sciences, announced that the latest Everleigh-branded active adult community Everleigh...
Phoenix Place

Global Real Estate Advisors Announces Sale of Phoenix Place Townhomes for Nearly $14M

Global Real Estate Advisors (GREA), a full-service real estate advisory firm specializing in multifamily acquisitions and dispositions, announces the $13,875,000 sale of Phoenix Place Townhomes in East Point, Georgia. GREA represented the seller in the...
Courtyard Towers

Institutional Property Advisors Brokers Sale of Residential Tower Courtyard Towers in Mesa Arizona

Institutional Property Advisors, a division of Marcus & Millichap, announced the sale of Courtyard Towers, a 13-story residential tower in Mesa, Arizona comprised of 169 units. “Delivered vacant at closing, the property is primed for...
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