Thursday, May 8, 2025

Deal boom

Apartment deals, mergers and acquisitions

Avalon at Wesmont Station

NewPoint Closes Provides $112.4M in Freddie Mac Financing Loan for the Acquisition of Avalon...

NewPoint Real Estate Capital (“NewPoint”) has provided a $112.4 million Freddie Mac loan to facilitate the acquisition of Avalon at Wesmont Station, a 406-unit multifamily community located in Wood Ridge, New Jersey. The property...
The Averly at Flowers

Cushman & Wakefield Facilitates Sale of The Averly at Flowers in Clayton North Carolina

Cushman & Wakefield announced that the real estate services firm has arranged the sale of The Averly at Flowers, a 396-unit multifamily community located in Clayton, North Carolina. “We wanted to extend our appreciation to...
Bellerose at Bees Ferry

Center Park Group Delivers 155 BTR Townhomes at Bellerose at Bees Ferry in Charleston

Center Park Group, a premier general contractor and home builder specializing in innovative multifamily and build-to-rent (BTR) solutions and communities across the Southeast, announced it is on track to complete vertical construction of all...
The Oslo

Stout Management Company Expands Reno Portfolio by Over 150 Units with The Oslo and...

Stout Management Company, the largest locally-owned multifamily property management company in Nevada, further expanded its Reno footprint with its takeover of management on two new properties. The two new properties, The MOD at Riverwalk...
Everstead at Conroe

Landmark Properties Celebrates First Phase Completion at The Everstead at Conroe BTR Community near...

Landmark Properties, a fully-integrated real estate firm specializing in development, construction, investment management, and operation of high-quality residential communities, celebrated the completion of the first phase of construction at The Everstead at Conroe, a...
S Street Village

DCHFA Partners with Manna and AHC to Bring 90 New Affordable Apartments to Shaw...

On April 11, 2025 the District of Columbia Housing Finance Agency (DCHFA) issued $36 million in tax exempt bonds, underwrote $29 million in federal and $5 million in DC Low Income Housing Tax Credit...
Ruby Square

BRP Companies Announces Launch of Leasing at Ruby Square in Jamaica Queens

BRP Companies announced the launch of leasing at Ruby Square (formerly known as 90Ninety), a 614-unit, mixed-income residential development located at 166-20 90th Avenue in Jamaica, Queens. Corcoran New Development will be leading Ruby...
Student Housing Portfolio

Newmark Arranges the Sale of Student Housing Portfolio Across Four States

Newmark arranged the sale of a five-property student housing portfolio comprising 1,248 units and 3,693 beds across Florida, Texas, Indiana and North Carolina. Terms were not disclosed. For The Preiss Company (TPCO), which owned...
Viva Bene

Avenue Development Announces Grand Opening of 55+ Active Adult Rental Community Viva Bene

As the nation's groundswell of baby boomers continues to age, the U.S. faces a looming crisis of projected shortfalls in midmarket-priced housing. Addressing this need is Viva Bene, a first-of-its-kind 55+ multifamily housing brand offering...
Oxford Living US

Oxford Living US of Oxford Capital Group Announces Acquisition of Eleven Seniors Housing Properties...

Oxford Capital Group, LLC ("Oxford Capital") announced its acquisition of the Carefree Portfolio, eleven seniors housing properties totaling 489 units in the Minneapolis area and northern Minnesota. An affiliate of Oxford acquired the properties...
Rock Ridge Apartments

The BLVD Group Strengthens Its Rhode Island Presence with Purchase of Rock Ridge Apartments...

The BLVD Group ("BLVD"), a leading developer and owner of affordable housing, announced its $57 million acquisition and planned LIHTC renovation of Rock Ridge Apartments, a 152‑unit community in Woonsocket, Rhode Island. Through this transaction...
Hillside Apartments

Gantry Secures $10M for Multifamily Refinancing of Hillside Apartments in the Kansas City MSA

Gantry, the largest independent commercial mortgage banking firm in the U.S., has secured a $10 million loan to recapitalize existing debt on the Hillside Apartments located in Independence, Missouri, an eastside suburb of the...
Bonner Carrington and Dominium

Bonner Carrington and Dominium Announce the Transfer of 12 Multifamily Properties

Bonner Carrington and Dominium, two leading multifamily housing developers, owners, and managers, announced the sale of 12 multifamily, mixed-income and affordable properties in the Dallas-Fort Worth and Houston metro areas. Both companies share a decades-long...
Alta Ed Schmidt

Wood Partners Supports Growth of Greater Austin Area with 336-Unit Multifamily Community Alta Ed...

National multifamily developer Wood Partners and its partner ParkProperty Capital (PPC) announced today the start of construction on a 336-unit multifamily development dubbed 'Alta Ed Schmidt' in Hutto, Texas, a suburb outside of Austin. Located...
Hudson County

Marcus & Millichap Brokers $1.17M Sale of Six-Unit Multifamily Property in Hudson County New...

Marcus & Millichap,  a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of a six-unit multifamily property at 20 63rd Street in West New...
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