Sunday, May 5, 2024

Deal boom

Apartment deals, mergers and acquisitions

Fourteen Allapattah Residences

Neology Development Group’s Fourteen Allapattah Residences Apartments Tops Off in Miami

Neology Development Group, led by CEO and Founder Lissette Calderon, has officially topped off the construction of Fourteen Allapattah Residences, Neology’s third lifestyle-driven residential community in one of Miami’s most dynamic emerging neighborhoods, Allapattah. Fourteen...
923 Bedford Ave in Brooklyn, New York

Marcus & Millichap Brokers $3.35M Sale of Brooklyn 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 multifamily apartment building at 923 Bedford Ave in Brooklyn, New...
Walnut Hill

JLL Arranges $49.5M in Financing for Walnut Hill, a 177-Unit Luxury Rental Community in...

JLL Capital Markets announced that it has arranged the $49.5 million 10-year, fixed-rate financing of Walnut Hill, a newly constructed, luxury multi-housing rental community with 177 apartments located in Clark, New Jersey. The property offers...
The Quin Apartments

McShane Completes Construction of The Quin Luxury Apartments in Schaumburg Illinois Near Chicago

McShane Construction Company completed the construction of The Quin Apartments for repeat client The Finger Companies. “It was an honor to work with The Finger Companies on another multi-family project,” shared David Rintz, Regional Vice...
Venue at North Campus

Premier to Lead Renovation of Tampa Student Housing Property

Premier, an end-to-end architecture, design, procurement, project management, and development firm, is excited to announce that the firm will spearhead renovations of a student housing property in Tampa, Florida. The Dallas-based team will collaborate...
7012 & 7024 El Dorado Drive

CBRE Facilitates Sale of Two Multifamily Apartment Communities Totaling 24 Units in Northern Orange...

CBRE announced the sale of two multifamily properties totaling 24 units for $7.61 million in northern Orange County, California to two separate buyers. In the first transaction, CBRE’s Executive Vice President Dan Blackwell and Associate...
Creekridge on the Park

Dominium to Host Groundbreaking for Creekridge on the Park Development in Charlotte

Dominium, a leading affordable housing owner, developer and manager announced that it will celebrate the groundbreaking of the Creekridge on the Park affordable housing development in Charlotte, North Carolina on Wednesday, November 29. There...
Navona

Toll Brothers Break Ground a Week Apart on Two Properties in Arizona

Toll Brothers Apartment Living, the multifamily division of single-family home builder Toll Brothers, broke ground on two new projects in the Phoenix metro area earlier this month: Navona, a 400-unit development in Mesa, Arizona,...
Chapter at Madison

CRG Tops Out Chapter at Madison Student Housing Community Near University of Wisconsin-Madison

CRG, a national real estate development and investment firm, announced the topping-out of Chapter at Madison, its 10-story, 534-bed student housing development in Madison, Wisconsin, which is nearly two-thirds pre-leased ahead of its completion...
Ocean Oaks Apartments

Institutional Property Advisors Brokers Sale of 296-unit Multifamily Asset in Central Florida

Institutional Property Advisors, a division of Marcus & Millichap, announced the sale of Ocean Oaks Apartments, a 296-unit multifamily asset in Port Orange, Florida, an upscale area near Daytona Beach. “Investors continue to be attracted...
The Enclave at Dewy Meadows

Garden Communities: The Enclave at Dewy Meadows in Basking Ridge New Jersey 100% Leased

The Enclave at Dewy Meadows, a collection of 198 luxury rental residences and loft-style apartments in Basking Ridge, New Jersey, has reached 100% leased, according to developer Garden Communities. “The quick lease-up of The Enclave...
530 Howard Street

Bayhill Ventures Submits Entitlement Approval for 530 Howard

Bayhill Ventures, a San Francisco-based real estate development and investment firm focused on multifamily, commercial, and mixed-use properties across the western United States, submitted entitlement approvals for 530 Howard Street, a for-lease residential development...
HUD

BWE Secures $15.25M in Financing for Affordable and Senior Housing Using RAD for PRAC...

BWE, a national commercial and multifamily mortgage banking company, announced that it has secured $15.25 million in permanent loans to finance three affordable and senior housing communities located in Austin, Texas, Douglasville, Georgia, and...
The Boulders Apartments

Granite Capital Group Closes $58 Million Purchase of The Boulders Apartments in Walnut Creek

Granite Capital Group, (GCG), a Santa Barbara, California real estate investment firm with multiple real estate holdings in Colorado, Montana, Texas and California, completed a $58 million purchase of The Boulders Apartments, a 164-unit...
HUD

HUD To Preserve and Rehabilitate Affordable Rental Orcutt Townhomes in Newport News Virginia

The U.S. Department of Housing and Urban Development (HUD) announced today that it has closed a Rental Assistance Demonstration (RAD) transaction with the Newport News Redevelopment and Housing Authority (NNRHA) at Orcutt Townhomes. This...
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