Friday, May 17, 2024

Deal boom

Apartment deals, mergers and acquisitions

Ten501

Douglas Elliman Launches First Metro D.C. Development Project at City Centre West

Douglas Elliman, one of the largest independent residential real estate brokerages in the United States, announced that the firm will be handling the sales and marketing for Ten501 at City Centre West. This is...
Wildwood Exterior

McShane Construction Company Delivers 172 Affordable Apartments in Sun Prairie Wisconsin

Construction is completed at The Wildwood at Main in Sun Prairie, Wisconsin. McShane Construction Company provided design-assist construction services for the 172-unit affordable housing residence on behalf of client Roers Companies. “We are proud to...
Woodlands of Crest Hill

JLL Closed $95M Sale of 730-Unit Woodlands of Crest Hill near Chicago

JLL Capital Markets announced that it has closed the $95 million sale of Woodlands of Crest Hill, a 730-home apartment community located in the southwest Chicago suburb of Crest Hill, Illinois. The Chicago multi-housing...
Generation Englewood

Kaplan Secures 20-Acre Florida Development Site for $5.2M

In 2021, Kaplan Residential tied up nearly 20 acres in Englewood, Florida, roughly 80 miles from Tampa on Florida’s west coast, for an apartment community. After going through the design and approval process, the...
Ocean Gate

Leasing Underway at Ocean Gate Bringing Unmatched Coastal Luxury to Long Branch New Jersey

Ocean Gate, a striking collection of brand-new luxury apartments, has grand opened in Long Branch, New Jersey. Ocean Gate delivers an exceptional resort lifestyle enriched with remarkable amenities, inspired living spaces, and easy beach...
Waterstone Place

Newmark Announces Sale of Three-Property, 673-Unit Multifamily Portfolio Spanning Austin and Houston

Newmark announces it has completed the sale of the Lone Star 3-pack, a three-property multifamily portfolio totaling 673 units across Austin and Houston. The properties include Treehouse, Stonecreek, and Waterstone Place. Newmark Vice Chairman...
Bellamy Coastal

JLL Secures $18.5M in Financing for Coastal Carolina University Student Housing Community

JLL announced that it has arranged the $18.5 million acquisition financing for Bellamy Coastal, a 150-unit / 480-bed, Class A student housing property, serving Coastal Carolina University in Conway, South Carolina. JLL worked on behalf...
Riverbend Apartments

Trion Properties Enters Texas Market with Purchase of 471-Unit Multifamily Property in Dallas Texas

Trion Properties, a private equity real estate firm based in West Hollywood, California and Miami, Florida specializing in multifamily investments, announced the acquisition of Riverbend Apartments, a 471-unit multifamily asset in Lancaster, Texas. Once...
Farm Haus

JLL Secured the Refinancing for the 142-unit Build-to-Rent Farm Haus in San Antonio Texas

JLL announced that it has arranged the refinancing for Farm Haus, a 142-unit, single-family, gated built-to-rent community located in San Antonio, Texas. JLL worked on behalf of the borrower, AHV Communities, to secure the four-year,...
Tricon Veranda

Tricon Residential Celebrates Grand Opening of New 90-Unit Built-To-Rent Community in Richmond Texas

Tricon Residential, Johnson Development Corporation, and HHS Residential celebrated the grand opening of Tricon Veranda, a new built-to-rent community in Richmond, Texas. It will feature 90 charming single-family homes. "At Tricon, our goal is to...
Paseo del Rio

Miami-Dade County, Related Group Celebrate Grand Opening of Latest Phases in $1B River Parc...

Miami-Dade County, in partnership with development leader Related Group, celebrated the grand opening of Robert King High and Paseo del Rio, two newly completed affordable housing communities in Miami’s Little Havana neighborhood. Delivering a...
Edge Lofts

JLL Arranged the Sale and $27M in Financing for the 69-Unit Edge Lofts in...

JLL Capital Markets announced that it has closed the sale and secured the $27 million financing for Edge Lofts, a two-building, luxury multi-housing community located in Hoboken, New Jersey. JLL represented the seller, Bijou Properties...
Norhardt Crossing

JLL Closes Sale of Three-Property Multi-Housing Portfolio in Milwaukee

JLL announced the closing of the sale of a three-property, multi-housing portfolio located within the Milwaukee area. The properties include the neighboring Norhardt Crossing and Norhardt Apartments located in the suburb of Brookfield, as...
Summerset Village

Institutional Property Advisors Closes $106.65 Million Multifamily Asset Sale in California’s San Fernando Valley

Institutional Property Advisors, a division of Marcus & Millichap, announced the sale of Summerset Village, a 280-unit multifamily property located in the foothills of the Santa Susana Mountains in Chatsworth, California. The $106.65 million...
The Audrey

Institutional Property Advisors Closes Multifamily Sale of 211-Unit The Audrey in Suburban Dallas-Fort Worth...

Institutional Property Advisors, a division of Marcus & Millichap, announced the sale of The Audrey, a 211-unit apartment property in Mansfield, Texas. “High demand for newly built, luxury multifamily assets in central Metroplex locations was...
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