Thursday, May 2, 2024

Deal boom

Apartment deals, mergers and acquisitions

The Boot Ranch Apartments in Tampa, FL

Promecap Multifamily Acquires Florida Apartment Community in the Tampa Suburb of Palm Harbor

EPC Promecap Multifamily Partners, a leading private equity firm based in Mexico City, acquired The Boot Ranch Apartments, a 432-unit apartment community located in the Tampa-area suburb of Palm Harbor. Berkadia arranged financing through...
Birch House Courtyard

Halpern Real Estate Ventures Reveals “The Birch House” Opening Timeline for New 337-Home Rental...

Developer Halpern Real Estate Ventures announced that the nearly-completed six-story building will be known as “The Birch House,” reflecting its strong emphasis on nature, green space and the environment as well as the development’s...
YardHome Exterior

Urban Moment Development Introduces YardHomes Juniper Pointe in San Antonio Texas

Urban Moment, a real estate development company specializing in horizontal multifamily, announces preleasing on YardHomes Juniper Pointe, their innovative approach to multifamily living. YardHomes Juniper Pointe will offer a variety of home options, including one-,...
Sandy28

Institutional Property Advisors Brokers Portland Multifamily Sale

Institutional Property Advisors, a division of Marcus & Millichap, announced the sale of Sandy28, a newly built 206-unit mixed-use apartment building with approximately 3,300 square feet of retail space in Portland, Oregon’s Central Eastside. “The...
Legend Park Apartments

Cushman & Wakefield Arranges Sale of 360-Unit Legend Park Multifamily Community in Oklahoma

Cushman & Wakefield announced the sale of Legend Park, a 360-unit multifamily community in Lawton, Oklahoma. Built in 2010 and 2012, Legend Park has an outstanding location near major thoroughfares, top retailers, and outdoor recreation....
Liberty Village

CrownPoint Group Acquires 14.5-Acre Multifamily Development Site in Morris County New Jersey

CrownPoint Group Inc. has acquired a +14.5-acre development site for an undisclosed price that is fully approved for multifamily development in the Morris County, New Jersey township of Randolph. “In a submarket characterized by overwhelming...
Broadstone Optimist Park

Alliance Residential Company Opens Broadstone Optimist Park in Charlotte North Carolina

Alliance Residential Company, one of the largest multifamily developers in the nation, announced the opening of Broadstone Optimist Park, a luxury multifamily community in Charlotte, North Carolina. The community, which is one of seven active...
The Wyldes

Advance Realty Investors Announce Grand Opening of The Wyldes in Harrison New Jersey

Advance Realty Investors, the prominent Bedminster, NJ development firm and a key player in shaping Harrison’s thriving residential landscape, hosted a day-long celebration recently to mark the opening of The Wyldes. With most homes offering...
Heritage Apartments

Affordable Housing Investment Brokerage Closes 120-unit HAP Deal for $8.45M near Atlanta Georgia

Affordable Housing Investment Brokerage Inc. (AHIB) recently advised on the $8,450,000 sale of Heritage Apartments, a 120-unit apartment community operating with a project-based Section 8 contract (HAP Contract). AHIB’s Senior Vice President Bill Brading and...
Lancaster Ridge Apartments

Capstone Brokers $26.1M Multifamily Sale in the Atlanta Georgia MSA

Capstone Companies announces the $26,100,000 sale of Lancaster Ridge Apartments: a 145-unit, garden-style apartment community located in the Canton submarket of the greater Atlanta, GA MSA. The Capstone transaction team was led by Managing Director...
Alta Bridges

Cushman & Wakefield Completes Sale, Greystone Finances Alta Bridges Multifamily Community in McDonough Georgia

The joint venture team of Cushman & Wakefield and Greystone arranged the sale of and provided acquisition financing for, respectively, Alta Bridges, a 250-unit apartment community located in McDonough, Georgia just over 30 minutes...
11238 S Vernon Avenue in Chicago, Illinois

Monarch Realty Partners Brokers $1.425M Sale of Apartment Building in Chicago’s Roseland Neighborhood

Monarch Realty Partners, a leading Chicagoland multifamily brokerage, has recently negotiated the sale of 11238 S Vernon located in Chicago's Roseland neighborhood. Robert Berman, Daniel Shabsin, and Jeremy DeMarco exclusively marketed the turnkey asset on...
528 W. Oakdale Avenue in Chicago, Illinois

Interra Realty Brokers $17.5 Million Sale of Apartment Building in Chicago’s Lakeview Neighborhood

Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the $17.5 million sale of a 60-unit multifamily building in Chicago’s Lakeview East neighborhood. The transaction equated to $291,667 per unit. Interra...
10772 Palma Vista Ave Garden Grove

CBRE Arranges Sale of Two Apartment Communities on the Same Street in Garden Grove...

CBRE announced the sale of two multifamily rental communities located on the same street near the major thoroughfare of Euclid Street and Katella Avenue in Garden Grove, California. The transactions involved two buyers and...
AMLI Design District

JLL Capital Markets Arranged the Sale and Acquisition Financing for the 314-Unit AMLI Design...

JLL Capital Markets announced that it has closed the sale and arranged the acquisition financing for AMLI Design District, a 314-unit, Class A, mixed-use, high-rise multi-housing asset located in Dallas, Texas. Originally built in 2013,...
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