Tuesday, May 7, 2024

Deal boom

Apartment deals, mergers and acquisitions

Oradell Apartments

SAGE Announces Sale of 24-Unit Garden-Style Apartment Complex Oradell Apartments in New Jersey

SAGE Investment Real Estate Advisors has announced the sale of a 24-unit garden-style Oradell Apartments in Oradell, New Jersey for an undisclosed price. The firm’s partners and co-founders Greg Pine and Steve Tragash managed the...
Blue Hill Avenue

Griffith Pepdjonovic Group of Marcus & Millichap Brokers $5.3M Sale of Multifamily Property on...

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of a 20-unit multifamily property in Dorchester, Massachusetts, for $5,296,345 located at...
Alexander Park

JLL Represented a Latin American Joint Venture on Their First Build-to-Rent Acquisition Alexander Park...

JLL Capital Markets announced that it helped arrange a credit facility for Alexander Park, a newly built, 95-unit, build-to-rent townhome community in Kissimmee, Florida. JLL worked on behalf of the borrower, a joint venture between CFB...
The Hillcrest

CEDARst and Quartz Lake Joint Venture Announces $145M San Diego The Hillcrest Multifamily Development,...

A joint venture partnership between Cedar Street Companies, a vertically integrated real estate development platform, and Quartz Lake Capital, a private equity real estate investment manager, completed the acquisition of a land assemblage totaling...
Trailside Apartments

Gantry Secures $14.5M of Permanent Loans Across Two Seattle Multifamily Properties, The Perch and...

Gantry, the largest independent commercial mortgage banking firm in the U.S., has secured a total of $14.5 million in permanent loans for two Seattle multifamily properties, Perch and Trailside Apartments, financing both with fixed...
826 Crown Street

GFI Realty Services Arranges the $4.8M Sale of Multifamily Asset 826 Crown Street in...

GFI Realty Services announced the $4.8-million sale of 826 Crown Street, a multifamily building located in the Crown Heights section of Brooklyn. GFI Senior Managing Director, Matthew Sparks, represented the seller, STF 826 Crown...
LaTerra

LaTerra Burbank Will Deliver a 573-unit Mixed Use Multifamily Property to Northern Los Angeles

Burbank’s vibrant downtown core is evolving as a sought-after mixed-use environment with the coming addition of close to 1,000 housing units and hotels from LaTerra Development, LLC. These new LaTerra Burbank developments are part...
111th Street

Marcus & Millichap Sells Three-Property Multifamily Portfolio Steps Away from Central Park on 111th...

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of 111th Street Multifamily Portfolio in New York for $5,650,000. The 111th Street...
Homestead at Boulder City

The Bascom Group Picks Up 72-Unit Senior Housing Property Homestead at Boulder City in...

The Bascom Group LLC has acquired Homestead at Boulder City, a 72-unit, senior housing property in Boulder City, Nevada, for $3.05 million or $42.4k per unit. Homestead at Boulder City sits on 6.39 acres, has...
REVA

ANF Group Celebrates Topping Out of REVA in Fort Myers Florida

ANF Group, a full-service construction firm providing construction management, general contracting, development, and design-build services to the South Florida market, celebrates the topping out of REVA, a 255-unit gated luxury multifamily community located on...
Sand Canyon

Greystar and The Resmark Companies Secure $95M in Construction Financing for the 259-unit Sand...

A joint venture between Greystar Real Estate Partners and The Resmark Companies is one step closer to breaking ground on a 259-unit Sand Canyon residential development in Santa Clarita, California after obtaining a senior...
The Parker Tucson

The Parker Tucson Luxury Student Housing Complex for the University of Arizona Sells for...

The Parker Tucson at 947 N Park Avenue, a luxury student housing complex with 130 units / 482 beds in 213,400 square feet living space in an 8-story LEED Silver Certified community. The project...
Nola Sol

Origin Credit Advisors Completes a $51.5M Construction Loan for Las Vegas Multifamily Project Nola...

Origin Strategic Credit Fund, a multifamily real estate credit fund, has agreed to provide a total of $61.3 million of construction debt and preferred equity financing for the development of Nola Sol, a multifamily...
Hancock Bridge Square

Mast Capital Begins Construction on 320-unit Hancock Bridge Square in Fort Myers Florida

Miami developer Mast Capital has moved into the Fort Myers, Florida, market for the first time with the start of construction at Hancock Bridge Square, which will consist of 320 garden-style units on a...
Mark-Taylor Residential

Mark-Taylor Residential Announces Brand-New Multifamily Communities in the Greater Phoenix Area

Mark-Taylor Residential (MTR) proudly announces management of three communities that combine the best of luxury, convenience and its signature feeling of home. The M (pictured above) is a Lower North Valley luxe mid-rise community in...
Yield PRO