Saturday, May 18, 2024

Deal boom

Apartment deals, mergers and acquisitions

Alta Northerly

Wood Partners Says Welcome Home to Residents of Cumming Georgia’s Newest Luxury Apartment Community...

Wood Partners, a national leader in multifamily real estate development, announced the grand opening of its latest luxury residential community, Alta Northerly, just north of Atlanta in Cumming, Georgia. Alta Northerly's prime location within the...
Ironwood Homes at Rosefield

Capital Square and Sunstone Two Tree Begin Construction on BTR Ironwood Homes at Rosefield...

Capital Square, one of the nation’s leading sponsors of tax-advantaged real estate investments and an active developer and manager of housing communities, and Sunstone Two Tree, a developer and operator of rental housing communities...
Carmel Center

JLL Capital Markets Closed the Sale of the 322-unit Luxury Carmel Center in Carmel...

JLL announced that it has closed the sale of Carmel Center, a 322-unit multi-housing community and city landmark located in downtown Carmel, Indiana within the Indianapolis MSA. JLL worked on behalf of the seller, NTS...
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...
Presley Uptown

JLL Income Property Trust Sells Uptown Charlotte Apartment Community Presley Uptown

JLL Income Property Trust, an institutionally-managed daily NAV REIT with approximately $7 billion in portfolio equity and debt investments, announced the sale of Presley Uptown, an upscale apartment community in downtown Charlotte, North Carolina...
Huntington Towers

Standard Communities Leads Public-Private Partnership Acquiring and Preserving Affordability of a 214-Unit Senior Living...

Standard Communities, a major national affordable housing developer and investor, has led a public-private partnership acquiring Huntington Towers, a 100% senior affordable 214-unit community in Mount Prospect, Illinois. The total capitalization of the transaction is...
39 High Street

JLL Capital Markets Arranged Refinancing for 39 High Street, an 83-unit Luxury Apartment Building...

JLL Capital Markets announced that it has arranged the $18.625 million refinancing of 39 High Street, an 83-unit multi-housing community located in the Journal Square neighborhood of Jersey City, New Jersey. JLL represented the borrower,...
Midtown Apartments

The Multifamily Group Completes Sale of Midtown Apartments in Temple Texas

The Multifamily Group (TMG), a Dallas-based commercial real estate brokerage firm, announced the sale of Midtown Apartments in Temple, Texas. “At The Multifamily Group, we deliver strong buyers, which is even more important today with...
EquityMultiple

Marcus & Millichap Enters Strategic Partnership with EquityMultiple

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced it has made an equity investment in EquityMultiple, a New York-based real estate financing...
4241 Aurora Street

Constellation Group And Boschetti Group Receive Approval for a New Mixed-Use Residential Project at...

Miami-based real estate development firms Constellation Group and The Boschetti Group are thrilled to announce the city approval of their latest landmark mixed-use residential project, 4241 Aurora, on the heels of a recent City...
Buena Vista

Institutional Property Advisors Closes Tampa Bay Area Multifamily Asset Sale Buena Vista Apartments

Institutional Property Advisors, a division of Marcus & Millichap, announced the sale of Buena Vista, a 240-unit multifamily property in Tampa, Florida. “Buena Vista is well positioned as a desirable value-add candidate with its infill...
80 Saratoga

Safehold Closes Ground Lease for Affordable Housing Development 80 Saratoga in Santa Clara California

Safehold, Inc., the creator and leader of the modern ground lease industry, has closed on a ground lease to facilitate the ground-up development of 80 Saratoga, a 200-unit Low Income Tax Credit ("LIHTC") community...
3D-Printed

Apis Cor to Build a 3D-Printed Model House to Demonstrate Workforce Housing in South...

Apis Cor, a pioneer in construction technology, has commenced construction of a fully permitted 3D-printed residential house in Melbourne, Florida. The 2,168-square-foot house is tailored to meet both long-term and short-term rental needs for workforce...
Knox Street

Construction Begins on Knox Street Development in Dallas

The joint venture partnership of MSD Partners, Trammell Crow Company (TCC), The Retail Connection, and Highland Park Village Associates (the JV) announced that it has begun construction on its mixed-use development in the Knox...
Clarkson Estates

Governor Hochul Announces Start of Construction on 328-Unit Affordable Housing Development in Brooklyn

Governor Kathy Hochul announced the start of construction on Clarkson Estates in Flatbush, Brooklyn which will feature 328 affordable apartments, including 164 supportive units for formerly homeless households. The highly energy efficient, all-electric development...
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