Tuesday, November 26, 2024

Deal boom

Apartment deals, mergers and acquisitions

CPC

The Community Preservation Corporation (CPC) Raises $200M Through Private Sustainability Bond Sale

The Community Preservation Corporation (CPC), a mission-driven nonprofit multifamily housing finance company, announced that it raised $200 million through a private offering of Sustainability Bonds. CPC’s issuance was led by Goldman Sachs & Co....
The Ridge Clemson

Landmark Properties Acquires The Ridge Clemson Student Housing Community Near Clemson University

Landmark Properties, a fully-integrated real estate firm specializing in the development, construction, acquisition, investment management, and operation of high-quality residential communities, has acquired The Ridge Clemson, a 616-bed, 184-unit student housing community at 205...
Canyon del Rio Village

BWE Arranges $43.2M HUD 221(d) 4 New Construction Loan for Market Rate Multifamily Property...

BWE, a national commercial and multifamily mortgage banking company, announced that it has secured a $43,237,400 HUD 221(d)(4) loan to finance the development of Canyon del Rio Village, a 170-unit, Class A market-rate apartment...
National Multifamily Portfolio

BWE Secures $260M for National Multifamily Portfolio

BWE, a national commercial and multifamily mortgage banking company, announced that it has secured a $260,000,000 loan to refinance a national multifamily portfolio of six multifamily properties consisting of over 1,500 units in Austin,...
Marana

Marana’s Newest Luxury Multifamily Community Hosts Grand Opening Near Tucson

Amavida Marana, the newest luxury community in Marana, Arizona, is hosting a grand opening event and charity pickleball tournament on November 15 from 2 p.m. to 6 p.m. Amavida Marana, owned by Ascent Companies &...
Hillview Apartments

Marcus & Millichap Brokers Sale of 72-Unit Hillview Apartments in Kentucky for $3.8M

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Hillview Apartments, a 72-unit apartment property located in Glasgow, Kentucky. Zack Hubiak,...
Mayhill Crossing

Provident Multifamily with Willow Bridge Property Company Announces New Rental Community Mayhill Crossing is...

Mayhill Crossing, a brand new rental community located in Denton, Texas, is now open. Developed by Provident Multifamily, a division of Dallas-based Provident and professionally managed by Willow Bridge Property Company, Mayhill Crossing is a...
Stevens Pond

CBRE Arranges Sale of 326-Unit Apartment Community The Residences at Stevens Pond in Saugus...

Representatives of CBRE, led by Simon Butler, Biria St. John, John McLaughlin, and Brian Bowler announced the sale of The Residences at Stevens Pond, a 326-unit apartment community located in Saugus, Massachusetts. CBRE exclusively represented...
Exchange at St Augustine

JLL Arranges Sale of Exchange at St. Augustine Near Jacksonville Florida

JLL Capital Markets announced that it has secured the successful trade of Exchange at St. Augustine, a 312-unit, garden-style multifamily community located in Saint Augustine, Florida. JLL worked on behalf of the seller. Exchange at...
The Riley

Cushman & Wakefield Arranges Sale of Multifamily Community The Riley Near Fort Worth

Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of The Riley, a vibrant 178-unit multifamily community located in Burleson, Texas near Fort Worth. Grant Raymond and Asher Hall...
Avalon Townhomes at Bee Cave

Newmark Arranges Sale of 126-Unit Townhome Community Avalon Townhomes at Bee Cave in Affluent...

Newmark announces the sale of Brisa Townhomes, a 126-unit townhome community located at 4810 Brisa Way in Bee Cave, Texas, just west of Austin. The community has been renamed Avalon Townhomes at Bee Cave. Newmark...
Prospect Estates

Affordable Housing and Services Collaborative, Inc. Nears Completion of 25-Unit Affordable Housing Project Prospect...

Affordable Housing and Services Collaborative, Inc. (AHSC), a nonprofit organization that owns and develops affordable rental communities, announces its near completion of Prospect Estates in Webster, Massachusetts, a 25-unit affordable housing community that is...
Soleste NoMi Beach

JLL Facilitates Bridge Financing for Premier 2023-Built Apartment Community Soleste NoMi Beach in Miami

JLL Capital Markets announced that it has secured a $110 million loan for Soleste NoMi Beach, a 367-unit Class A multifamily community in North Miami Beach, Florida. JLL represented the borrower, The Estate Companies, in...
Moderne at Rocking K

Calmwater Capital Funds $41.1M Loan to Refinance Build-To-Rent Community Moderne at Rocking K Near...

Calmwater Capital has provided Moderne Communities with a $41.1 million loan to refinance a 224-unit build-to-rent community, Moderne at Rocking K, in Vail, Arizona. The two-year senior loan is secured by Moderne at Rocking K...
R3 by CLG

Gantry Secures $27.8M Loan to Refinance Class A Marina del Rey Multifamily Property R3...

Gantry, the largest independent commercial mortgage banking firm in the U.S., has secured a $27.8 million permanent loan to refinance the R3 by CLG apartment building located in Marina del Rey near Los Angeles. The...
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