Wednesday, February 5, 2025

Deal boom

Apartment deals, mergers and acquisitions

The Lacy

McShane Completes Construction of The Lacy at South Main Apartments in Kennesaw Georgia

Construction is completed at The Lacy at South Main, a 318-unit apartment residence in Kennesaw, Georgia. McShane Construction Company built the development on behalf of repeat client Highpoint Development. “It was an honor to bring...
Wesley Place

Standard Real Estate, Arrow Street Development and Belay Investment Group Sell Luxury Multifamily Property...

Standard Real Estate Investments, LP (Standard), a minority-owned national real estate investment and development firm with offices in Los Angeles and Washington, D.C., and Arrow Street Development, a minority-owned real estate development company focused...
Mission Hills Apartments

Gantry Secures $23M Permanent Loan for Luxury Washington Multifamily Community Mission Hills Apartments

Gantry, the largest independent commercial mortgage banking firm in the U.S., has secured a $23 million permanent loan to refinance the Mission Hills Apartments located at 11900 NE 18th Street in Vancouver. Mission Hills features...
Austin Woods

Institutional Property Advisors Closes Two Multifamily Property Sales Including Austin Woods and Mallard Pointe...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of two multifamily assets in Columbia, South Carolina. The properties are Austin Woods, a 240-unit asset built in 1975 and Mallard...
Town Square at Mark Center

Marcus & Millichap’s IPA Capital Markets Facilitates $165.9M Multifamily Financing for Town Square at...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, specializing in capital markets services for major private and institutional clients, has successfully arranged $165.9 million in financing on behalf of the DSF Group...
Nicolet Townhomes

Marcus & Millichap Arranges Sale of 34-Unit Multifamily Community Nicolet Townhomes in Grand Chute...

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Nicolet Townhomes, a 34-unit apartment property located in Grand Chute, Wisconsin. “This...
Mosby Barclay West

Middleburg Communities to Develop 290-Unit Class A Multifamily Community Mosby Barclay West in Wilmington’s...

Middleburg Communities ("Middleburg"), a leading developer of rental housing throughout the Southeast and Sunbelt announced that it has secured construction financing for Mosby Barclay West, a 290-unit Class A apartment community in Wilmington's rapidly...
Seasons Villas

Habitat Acquires Seasons Villas Rental Townhome Community Seasons Villas in Twin Cities Suburb

Chicago-based Habitat, a leading national multifamily real estate developer, operator and property manager, announced its acquisition of Seasons Villas, a multifamily community with 214 townhome-style rental units at 8630 Summer Wind Alcove in Woodbury,...
Stella Apartments

JLL Facilitates Loan for Multifamily Development Stella Apartments in San Diego’s North Park

JLL Capital Markets announced that it has arranged a $46.5 million construction financing for Stella Apartments, a 149-unit multifamily development project in San Diego, California. JLL represented the borrower, Murfey Company, in securing the three-year,...
Fannie Mae Multifamily

Fannie Mae Multifamily Closes 2024 With More than $55B in Volume

Fannie Mae (FNMA/OTCQB) announced that they provided more than $55 billion in financing to support the U.S. multifamily market in 2024. Fannie Mae provided significant liquidity across key housing segments in 2024, including more than...
First Priority Credit Union

NeighborWorks Housing Solutions Receives $1M Donation from First Priority Credit Union for Permanent Supportive...

NeighborWorks Housing Solutions, the leading housing service provider in southern Massachusetts, is pleased to announce receipt of a $1 million donation from First Priority Credit Union in Boston to fund the pre-development phase of...
Joseph Arnold Lofts

Mesa West Capital Originates $92M Loan to Refinance Seattle Multifamily Assets Jack Apartments and...

Mesa West Capital has provided RISE Properties Trust with $92.5 million in first mortgage debt to refinance two mid-rise multifamily communities, Jack Apartments and Joseph Arnold Lofts, totaling 266 units in Seattle, Washington. The five-year...
Airport Place Apartments

Marcus & Millichap Closes Multifamily Asset Sale of Airport Place Apartments in Clarksville Tennessee

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Airport Place Apartments, a 121-unit apartment property in Clarksville, Tennessee. “This transaction...
Prospect Union Square

JLL Facilitates Loan for Newly Constructed Multifamily Complex Prospect Union Square in Sommerville Massachusetts

JLL Capital Markets announced that it has secured a refinancing for Prospect Union Square, a newly constructed 450-unit residential property located in the vibrant Union Square neighborhood of Somerville, Massachusetts. JLL represented the borrower, a...
Cresthaven Apartments

Marcus & Millichap Brokers $14M Sale of 62-Unit Cresthaven Apartments Portfolio in Pompano Beach

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Cresthaven Apartments, a 62-unit multifamily portfolio spanning 19 buildings in Pompano...
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