Monday, May 20, 2024

Deal boom

Apartment deals, mergers and acquisitions

The Wildwood Apartments

Sale of Newly Built Multi-Housing Community in Houston MSA Closes

JLL Capital Markets announced today that it has closed the sale of and arranged the financing for The Wildwood Apartments, a 300-unit, newly developed, institutional, Class A multi-housing community located in the Houston suburb...
Bainbridge Cary

The Bainbridge Companies Opens Bainbridge Cary in North Carolina

The Bainbridge Companies, a fully-integrated family of real estate companies who engage in virtually every step of the real estate process, from development and construction, acquisition and disposition, to asset management and third-party property...
Dallas Texas

Institutional Property Advisors Leads Multifamily Brokerage Sales in Dallas-Fort Worth

Institutional Property Advisors, a division of Marcus & Millichap, has closed 15 multifamily asset sales valued at $860 million with $1.6 billion currently under contract or in escrow in Dallas-Fort Worth (DFW) to date...
Tavalo Tradition

Berkadia Arranges $37.5M in Acquisition Financing for Tavalo Tradition

Berkadia announces it has arranged the acquisition financing for Tavalo Tradition, a 216-townhome build-to-rent community located on one of the last developable parcels of land within the Tradition Master Planned Community in Port St....
Crawford Gardens

DCHFA Finances New Affordable Senior Housing and Grandfamily Development in Ward 7

The District of Columbia Housing Finance Agency (DCHFA) issued $25.9 million in tax exempt bonds, underwrote $21.4 million in federal Low Income Housing Tax Credit (LIHTC) equity and $4 million in District LIHTC equity...
499 Summit Avenue

Panepinto Properties Breaks Ground on 53-Story Tower in Jersey City

Panepinto Properties, a central player in shaping Jersey City’s real estate landscape for nearly five decades, reaffirmed its pivotal role in the city’s ongoing growth and vitality by breaking ground on a soaring 53-story...
Aiya

$112 Million Multifamily Asset Sale and Financing Brokered by Institutional Property Advisors

Institutional Property Advisors, a division of Marcus & Millichap, announced today the sale of Aiya, a 360-unit multifamily asset in Gilbert, Arizona. The property sold for $112 million, or $311,111 per unit. “Gilbert has one...
The Park at Via Teano

Cushman & Wakefield Arranges Sale of The Park at Via Teano

Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of The Park at Via Teano, a 208-unit multifamily community located at 1400 Hancock Boulevard, Daytona Beach, Florida. Mike Donaldson...
DUO Apartments

Institutional Property Advisors Arranges $62 Million Acquisition Financing for Northern California Multifamily Asset

IPA Capital Markets, a division of Marcus & Millichap, specializing in capital markets services for major private and institutional clients, arranged $62,139,000 in acquisition financing for DUO Apartments, a 301-unit multifamily asset in San...
The Monarch

CP Capital US Announces Sale of ‘The Monarch’ in Des Plaines, Illinois

CP Capital, a highly disciplined U.S. real estate manager specializing in multifamily investments, today announced the sale of The Monarch: a 236-unit, four-story, wrap-style multifamily community in the Chicago suburb of Des Plaines, Illinois. The project,...
Apollo

Cityview and Stockbridge Commence Construction on 265-Unit Multifamily Development in Los Angeles

Cityview, a premier multifamily investment management and development firm, and Stockbridge, a private equity real estate investment management firm, have commenced construction on Apollo, a 265-unit multifamily development in Los Angeles’ South Bay. Slated...
Ari on Fourth Apartments

Leasing Office Now Open for Ari on Fourth Apartments in Downtown Tucson Arizona

The Opus Group today announced the leasing office is now open for Ari on Fourth Apartments, the new mixed-use project in downtown Tucson, Arizona. The leasing office address is 218 North Fourth Avenue, directly across from...
The Battery

Sentral to Open Three New Residential Hospitality Communities in Los Angeles and Philadelphia

Sentral, the leading full-building residential hospitality operator, today announced that it will manage three new luxury residential communities in Los Angeles: Figueroa Eight (744 S Figueroa Street, Los Angeles), developed by Mitsui Fudosan America,...
Lofts iThirty

Anthem Breaks Ground on Garland Transit Oriented Redevelopment

Anthem Development, a Beck Ventures Company, broke ground on the first phase of redevelopment for the new Transit-Oriented District surrounding Dallas Area Rapid Transit’s (DART) Lake Ray Hubbard Station in Garland. This first phase...

The Ludlow at Heritage Creekside Now Leasing

Rosewood Property Company is now leasing The Ludlow, a 326-apartment-home, award-winning community located on Belpree Drive within the Heritage Creekside master-planned community in Plano, Texas. In partnership with MetLife Investment Management, the four-story multifamily...
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