Tuesday, November 26, 2024

Deal boom

Apartment deals, mergers and acquisitions

Bedford Parke Apartments

Capital Square Completes DST to UPREIT Transaction with 61% Investor Participation and 167% Total...

Capital Square, one of the nation’s leading sponsors of tax-advantaged real estate investments and an active developer and manager of housing communities, announced the successful sale of CS1031 Bedford Parke Apartments, DST, a 232-unit...
Student Housing Investment

Franklin Street Acquires Real Estate Team and Launches Student Housing Investment Sales Specialty

Franklin Street, a national, full-service commercial real estate firm headquartered in Tampa, announces the launch of its student housing investment specialty, a new division of its Institutional Services Group that tailors to institutional and...
Summerwell Peoria Place

Greystar’s Summerwell Peoria Place Now Leasing, Providing Unique Build for Rent Opportunity to the...

Greystar, a global leader in the investment, development, and management of real estate, including rental housing, logistics and life sciences, announced that it has begun leasing for Summerwell Peoria Place, Greystar’s latest build-for-rent community...
Altis Grand Kendall

Altman Delivers 342-Unit Luxury Apartment Community Altis Grand Kendall in Miami Suburb

Altman, a leading multifamily and industrial development real estate company, announced the opening of its newest luxury multifamily community with the delivery of Altis Grand Kendall featuring 342 apartment units in Miami’s vibrant Kendall...
Haven at Deer Creek

MBK Rental Living Completes Development of Multifamily Community The Haven at Deer Creek in...

MBK Rental Living, a leading innovator in private real estate development in California, announced that it has completed the development of The Haven at Deer Creek, a Class A 134 unit multifamily community located...
Bainbridge Mallard Creek

The Bainbridge Companies LLC Breaks Ground on Luxury Apartment Community Bainbridge Mallard Creek in...

The Bainbridge Companies LLC (Bainbridge) announced construction has begun on Bainbridge Mallard Creek. “Recently ranking as one of the top five best cities to live in the nation by U.S. News and World Report, Charlotte...
Columbia Uphams Apartments

MassHousing and City of Boston Announce Closing of Financing for the Consolidation and Renovation...

MassHousing and the City of Boston announced the closing of financing to Affordable Housing and Services Collaborative, Inc. (AHSC) for the consolidation and renovation of two Boston affordable housing communities, Columbia Uphams Apartments and...
Standard Communities $1B Portfolio

Standard Communities Acquires $1B Portfolio in Largest Affordable Housing Transaction of 2024

Standard Communities, a major national affordable housing developer and investor, has acquired a 100% affordable housing portfolio valued at over $1 billion consisting of over 6,000 apartment homes in more than 60 communities in...
Cielo at Normandy

Berkadia Negotiates Sale of Multifamily Property Cielo at Normandy in Jacksonville

Berkadia announced the sale of Cielo at Normandy, a 123-unit multifamily property located in Jacksonville, Florida. Senior Director Greg Rainey along with Berkadia Central & North Florida led the transaction on behalf of the...
Clearfield Apartments

Berkadia Secures $13.6M in Refinancing for Affordable Housing Community Clearfield Apartments in Philadelphia

Berkadia announced the financing of Clearfield Apartments, a 48-unit affordable housing property in Philadelphia, Pennsylvania. Senior Vice President Chris McGraw of Berkadia Charlotte secured the $13.6 million Low-income Housing Tax Credit (LIHTC) equity investment on...
Retreat at Windermere

Berkadia Secures $100M+ Financing for Orlando Multifamily Communities, Sunset Place and The Retreat at...

Berkadia announced it has secured a combined total of over $100 million in financing on behalf of Eagle Property Capital (EPC), a private equity real estate firm based in Miami, Florida, for the acquisition...
Northpoint Villas

SPI Advisory Announces the Successful Sale of Class A Northpoint Villas Apartments in Fort...

SPI Advisory, LLC (“SPI”) is pleased to announce the sale of Northpoint Villas, a 276-unit Class A apartment community located in Fort Worth, Texas. The property, built in 2009, is situated just a 15-minute drive...
Sonder Fields Apartments

Gantry Secures Permanent Financing for Class A Multifamily Acquisition Sonder Fields Apartments Near Portland...

Gantry, the largest independent commercial mortgage banking firm in the U.S., has secured a permanent loan to fund the acquisition of the Sonder Fields Apartments, a class A multifamily complex located in Happy Valley,...
Mi-Place @ Downingtown

CBRE Arranges $47.5 Million Bridge Loan for Pennsylvania Multifamily Project Mi-Place @ Downingtown

CBRE’s Multifamily Debt & Structured Finance team has arranged $47.5 million in bridge financing for the refinance of Mi-Place @ Downingtown in Downingtown, Pennsylvania. This is the second transaction that Klauer and Russell have secured...
The Bluewood

J Street Property Services Secures Land for Future Multifamily Development The Bluewood in Kerrville...

J Street Property Services has officially closed on a large parcel of land in Kerrville, Texas that will soon be home to The Bluewood, a highly anticipated multifamily residential development. The first phase of...
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