Sunday, May 19, 2024

Deal boom

Apartment deals, mergers and acquisitions

The Jayne

CIM Opens Affordable Apartment Complex The Jayne in LA’s West Adams Neighborhood

CIM Group has opened The Jayne, a 69-unit, six-story apartment building with six units designated as affordable and approximately 5,453 square feet of ground-floor retail. The Jayne is an infill housing development bringing new apartments...
The Everstead at Windrose

Landmark Properties Announces Leasing has Begun for The Everstead at Windrose BTR Near Houston

Leasing is ongoing at Landmark Properties newest build-for-rent multifamily project The Everstead at Windrose in Klein, Texas within the Houston MSA. Residents will enjoy brand new, pet-friendly residences that provide the ultimate combination of chic spaces,...
Morgan Street

JLL Trades 1.73-acre Multifamily Development Site on Morgan Street in Jersey City for $54M

JLL Capital Markets announced that it closed the $54 million sale of 107 Morgan Street, a 1.73-acre multifamily development site located in Jersey City’s Waterfront neighborhood. JLL worked on behalf of the seller, Veris Residential,...
Costa Mesa California

CBRE Arranges Sales of Three Separate Multifamily Properties in Costa Mesa California in Four...

CBRE announced the sale of three multifamily properties in Eastside Costa Mesa, California, to individual buyers, marking a total of 13 units and $7,423,500 in transactions. The portfolio includes the following: 2666 Orange Avenue,...
Marlowe Ridgeview

Greystar Announces Pre-Leasing Has Begun at Marlowe Ridgeview Near Orlando Florida

Greystar Real Estate Partners, LLC ("Greystar"), a global leader in the investment, development, and management of real estate, including rental housing, logistics and life sciences, announced that Marlowe Ridgeview, the latest Marlowe-branded apartment community,...
Multifamily Affordable

BWE Secures Over $31M for Multifamily Affordable Housing Across the Country

BWE, a national commercial and multifamily mortgage banking company, announced the closing of three financings totaling over $31 million to finance three multifamily affordable housing properties near Cincinnati, Atlanta, and Chicago. "By leveraging our comprehensive...
Resia Dallas West

Resia Celebrates the Grand Opening of Resia Dallas West in Texas

Resia, a housing platform that develops, builds, and manages multifamily communities across the U.S., announces the opening of Resia Dallas West, a 336-unit apartment community in the Dallas-Ft. Worth Metro area and spans across...
Stepping Stone Apartments

The Multifamily Group Completes the Sale of 80-unit Stepping Stone Apartments in San Antonio

The Multifamily Group (TMG), a Dallas-based commercial real estate brokerage firm, announced the facilitation of the B-Class Stepping Stone Apartments sale in San Antonio. Paul Yazbeck represented the seller, a trusted local owner with...
Citra

Institutional Property Advisors Closes Sale and Arranges Financing for Multifamily Asset Citra in Phoenix

Institutional Property Advisors, a division of Marcus & Millichap, announced the sale and financing of Citra, a boutique, 72-unit apartment property in Phoenix, Arizona. “The heavily built out Northwest Valley has strong renter demographics and a...
Avondale Apartments

DMG Capital and Wayland Real Estate Capital Announce Acquisition of Avondale Apartments in Chicago

DMG Capital, the multifamily investment affiliate of Chicago-based Daniel Management Group (DMG) partnered with Wayland Real Estate Capital to acquire Avondale Apartments located at 4179 W. Belmont. The building has been professionally managed by DMG...
Mount Vernon Flats

Pacific Urban Investors Enters Atlanta Market with Acquisition of Mount Vernon Flats at The...

Multifamily owner-operator and investment manager Pacific Urban Investors has entered the Atlanta market acquiring their first property in the MSA, Mount Vernon Flats at The Perimeter, totaling 412 units with a total consideration of...
Elan Solea

Walker & Dunlop Announce Newly-Constructed Hialeah Rental Property Elan Solea Hits Market for $151M

Walker & Dunlop Investment Sales (WDIS) has listed for sale Elan Solea, a luxury garden community in the suburbs of Miami. Still Hunter and Kaya Suarez are lead brokers on the deal on behalf...
MetWest Residential

ZOM Living Secures $63M Loan to Break Ground on MetWest Residential Project in Tampa

ZOM Living, one of the nation’s leading multifamily development firms, along with partner MetLife Investment Management, has secured approximately $63 million in construction financing for MetWest Residential, a luxury multifamily development in the Westshore...
Alameda

The Housing Authority of the City of Alameda Announces Construction Has Commenced for The...

The Housing Authority of the City of Alameda (AHA) is pleased to announce that over 100 new affordable homes are coming to the City of Alameda via two new housing developments (The Estuary I...
Modera EaDo

Mill Creek Delivers 377-Unit Apartment Project Modera EaDo in Northwest Austin

Mill Creek Residential has completed Modera EaDo, just east of The Domain shopping center. Residents can choose from Modera EaDo’s mix of studio, one-, and two-bedroom homes, with select homes featuring private yards. Community amenities...
Yield PRO