Sunday, May 19, 2024

Deal boom

Apartment deals, mergers and acquisitions

Smithtown

JLL Arranges $29M in Financing for Whisper Woods of Smithtown Senior Living Community

JLL Capital Markets announced that it arranged $29 million in financing for Whisper Woods of Smithtown, a 101-unit, 136-bed assisted living and memory care community in Long Island, New York. JLL represented the borrowers, New...
Laguna Beach

CBRE Arranges Sale of 8-Unit Apartment Community in Laguna Beach California

CBRE announced the sale of an eight-unit multifamily community in Laguna Beach, California to a private Orange County-based investor for $3.075 million, representing a sale price of $908 per square foot and $384,375 per...
Sangre De Cristo Apartments

CPP Announces Acquisition of Two Affordable Housing Communities in Santa Fe New Mexico

Community Preservation Partners (CPP), a mission-driven affordable housing preservation developer has entered the Santa Fe market with the acquisition and planned renovation of two developments in the city: Sangre De Cristo Apartments and Santa...
Vista Verde

ANF Group Celebrates Completion of Luxury Multifamily Project Vista Verde in the City of...

ANF Group, Inc., a full-service construction firm providing construction management, general contracting, development, and design-build services, has announced the successful completion of Vista Verde, a 288-unit luxury multifamily development in the City of Sunrise,...
The Grove at Clermont

Venterra Realty Grabs 2 Brand-New Florida Properties

Despite a slow sales market, Venterra Realty has had an active fall, lining up financing and buying two new properties built this year. Last week, the Houston-based apartment owner acquired the 288-unit, two-story The Grove...
Promenade at Newnan Crossing

Capital Square Living Assumes Management of Four Multifamily Properties Across Georgia

Capital Square Living, the wholly owned property management subsidiary of Capital Square, announced the assumption of management of four multifamily communities across Georgia. The Georgia properties include High Ridge Apartments in Athens; Bedford Parke Apartments...
Vista Ridge

Dominium to Host Grand Opening for Vista Ridge Development in Phoenix Arizona

Dominium, a leading affordable housing owner, developer and manager announced that it will celebrate the grand opening of Vista Ridge affordable housing development in Phoenix on Tuesday, October 24. There will be a short...
Estrella Springs and Suncrest Vista at Canyon Trails

Dominium to Host Groundbreaking Event for Estrella Springs and Suncrest Vista at Canyon Trails...

Dominium, a leading affordable housing owner, developer and manager announced that it will celebrate the groundbreaking of the Estrella Springs and Suncrest Vista at Canyon Trails affordable housing development in Goodyear, Arizona on Wednesday,...
Chris Jasinski

JTW Advisors Advises Richfield Homes in Sale to Landsea Homes

JTW Advisors LLC served as the sell-side M&A advisor to Denver, CO based Richfield Homes, LLC in their recent sale of homebuilding assets to Landsea Homes of Colorado LLC. Will Edgington and Serge Goldberg founded...
Governor Hochul

Governor Hochul Announces Financing for more than 700 Affordable Homes across New York

Governor Kathy Hochul announced $236 million has been allocated through bonds and subsidies to create or preserve 732 affordable, supportive, and sustainable homes across New York State. This financing will expand and protect the housing...
Midtown Detroit

Midtown Detroit Apartment Project To Break Ground, Adds Affordable Workforce, Missing Middle Housing

A new mixed-use project is preparing to begin construction in Midtown Detroit. The building will increase the city’s much-needed inventory of workforce-attainable housing, while also offering on-site retail space that serves residents and the...
The Parker

Cityview Completes The Parker, a 123-unit Multifamily Project in West Los Angeles

Cityview, a premier multifamily investment management and development firm, has completed The Parker – a 123-unit mixed-use project in the Pico-Robertson community of West Los Angeles. Now welcoming residents, the transit-oriented community is built...
The Harlow

ABI Multifamily Brokers 27-Unit Tempe Arizona Multifamily Apartment Community for $6.1M

ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $6,100,000 sale of The Harlow Townhomes, a 27-unit multifamily apartment community located in Tempe, Arizona. Situated...
Rosehill Apartments

Marcus & Millichap Facilitates $4 Million Sale of Historical Venice Florida Rosehill Apartments

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Rosehill Apartments in Venice, Florida. The property was sold for $4,070,000,...
Seventh and James Apartments

Kidder Mathews Sells 96-Unit Seventh and James Apartments for $26.9M in First Hill Seattle

Seventh and James Apartments, a mid-rise apartment building totaling 96 units in Seattle’s First Hill neighborhood, sold this week for $26,900,000 in a fully marketed sale by Kidder Mathews’ Simon and Anderson team. The...
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