Tuesday, May 7, 2024

Deal boom

Apartment deals, mergers and acquisitions

Evergreen Westside

Evergreen-Residential Breaks Ground on 240-Unit Development Near Gainesville, Florida

Plantation, Florida-based Evergreen-Residential broke ground last month on Evergreen Westside, a 240-unit property across the street from Oaks Mall in Gainesville, Florida. FK Architecture has released new renderings of the site in a press...
Maven

Leasing Begins at Maven: a 200-Unit, 27-Story Tower in The Bronx

New York City-based real estate owner, developer and operator RXR has announced the start of leasing at Maven, a 27-story residential tower in the Mott Haven neighborhood of the Bronx in New York City....
Portland OR

5,000 Unit Multifamily Addition Planned for Mall Redevelopment in Portland Oregon

Urban Renaissance Group (URG) and KKR Real Estate Finance Trust (KREF) have unveiled plans for the redevelopment of Lloyd Center, a 1.2M SF mall in Portland, OR. Plans for the redevelopment, which could cost as...
Rayen Park

Standard Communities Acquires Six 100% Affordable Communities Totaling 407 Units in Los Angeles

Standard Communities, a leading national developer and investor in affordable and workforce housing, has led a public-private partnership that acquired six 100% affordable Section 8 communities in Los Angeles County with a total of...
Mountain View

CPP Announces Acquisition of Affordable Housing Community in Albuquerque, New Mexico

Community Preservation Partners, a mission-driven affordable housing preservation developer has announced the acquisition and planned renovation of two developments in Albuquerque: Mountain View II and III.  Built in 1967 and 1968 respectively, Mountain View II...

Interra Realty Brokers $2.25 Million Sale of Apartment Building on Chicago’s Near North Side

Interra Realty, a Chicago-based commercial real estate investment services firm, today announced it brokered the $2.25 million sale of a seven-unit apartment building in Chicago’s Old Town neighborhood. The transaction equated to $321,428 per...
Mustang Station

Institutional Property Advisors Brokers Sale and Arranges Financing for Multifamily Asset in North Dallas

Institutional Property Advisors, a division of Marcus & Millichap, announced today the sale and financing of Mustang Station, a 444-unit multifamily asset in Farmers Branch, Texas. “The property is located within one of the highest...
The Sinclair Apartment Homes

Grand Opening of The Sinclair, New $40M Affordable Housing Apartments Community in Columbus, Ohio

Leaders with the Columbus Metropolitan Housing Authority (CMHA) and The NRP Group, a vertically integrated, best-in-class developer, builder and manager of multifamily housing, joined today with Columbus Mayor Andrew Ginther, state Senator Hearcel Craig,...
The Koken

Historical Elegance Meets Modern Living in the Fox Park Neighborhood of St. Louis

The Koken is conveniently situated within the bustling St. Louis Fox Park neighborhood. This iconic renovation, masterminded by the design-build team at Blackline Design + Construction, opened its doors to residents on August 1st,...
Woodlands at Canterfield

McShane Completes Construction on The Woodlands at Canterfield Senior Living Residence Near Chicago

McShane Construction is pleased to announce the completion of The Woodlands at Canterfield, a 131-unit senior living development in West Dundee, Illinois. Built for Westbrook at Canterfield, LLC, The Woodlands at Canterfield is comprised...
The Grace Residences

High Street Residential Unveils Details for the Grace Multifamily Tower at Science Square

High Street Residential, the residential subsidiary of Trammell Crow Company, unveiled details about its first residential development in Atlanta, Georgia. The Grace Residences is a collection of 280 apartments located at Science Square, a...
Landmark at Courtyard Villas

Marcus & Millichap Closes 256-Unit Multifamily Asset Sale in Northeast Texas

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of Landmark at Courtyard Villas, a 256-unit apartment property in Mesquite,...
Windrift

Institutional Property Advisors Brokers Orlando Florida Apartment Asset Sale

 Institutional Property Advisors, a division of Marcus & Millichap, announced today the sale of Windrift, a 288-unit multifamily property in Orlando, Florida. “Orlando’s diverse and extensive employment market has contributed significantly to the city’s strong...
Overlook Flats

Luxury Rental Property Overlook Flats Opens Leasing in Jersey City’s Reenergized Journal Square

Overlook Flats, a luxurious addition to Jersey City's real estate landscape, has officially launched leasing in historic Journal Square. Developed by Milton Fantin and the Fantin companies (Urban Property Developers and Urban Property Managers),...
7757-59 S. Winchester Ave

Interra Realty Brokers Pair of Apartment Transactions on Chicago’s South Side

Interra Realty, a Chicago-based commercial real estate investment services firm, today announced it brokered two multifamily property sales on Chicago’s South Side: a 19-unit apartment building at 7757-59 S. Winchester Ave. in the Auburn...
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