Wednesday, February 5, 2025

Deal boom

Apartment deals, mergers and acquisitions

Northbend

McShane Completes Construction of Northbend in Tempe Arizona

Construction is completed at Northbend, a 310-unit community featuring three garden-style apartment buildings in Tempe, Arizona. McShane Construction Company built the development on behalf of repeat clients Banyan Residential and Milhaus. “We are proud to...
Nexmetro Communities

JLL Arranged Capital for Build-to-Rent Nexmetro Communities Across Arizona and Colorado

JLL Capital Markets announced that it has secured capital for Nexmetro Communities for a Build-to-Rent Portfolio across Phoenix, Arizona and Denver, Colorado. JLL represented the sponsor, NexMetro Communities on recapitalizing the portfolio which was valued...
Retreat at Mesa Hills

JLL Facilitates the Multifamily Sale of Retreat at Mesa Hills in El Paso

JLL Capital Markets announced that it has arranged the sale of Retreat at Mesa Hills, a 752-unit multifamily community in El Paso, Texas. JLL worked on behalf of the seller, JRK Property Holdings. JLL Capital...
Boulder Creek

MC Companies Expands Arizona Footprint with Boulder Creek Multifamily Acquisition

MC Companies is expanding its portfolio with the addition of another multifamily property in the Papago Park area of Phoenix, Arizona. The company, a leader in multifamily investment, development, construction, and management, finalized the...
Kissimmee

PCCP Provides $20M of Preferred Equity for the Development of a Class A 380-Unit...

PCCP is pleased to announce it has provided $20 million of preferred equity to AMAC for the ground-up development of a Class A 380-unit multifamily community located in Kissimmee, Florida. Situated on a 27.69-acre site,...
Hanover Tysons

Berkadia Completes Sale of Hanover Tysons Apartment Complex in Virginia

Berkadia, a leader in the commercial real estate industry, announced the completed sale of Hanover Tysons, a 412-unit multifamily high-rise property located in Tysons, Virginia. Senior Managing Director Brian Crivella and Senior Directors Bill Gribbin...
TruAmerica Multifamily - Stuart Cramer, Ted Egner, Ben Finley

TruAmerica Multifamily Doubles Down on Value-Add and Build-For-Rent, While Launching a New Affordable Housing...

TruAmerica Multifamily, one of the nation’s leading multifamily investment firms, announced an expansion of its flagship team and business lines, along with the significant launch of a new Affordable Housing vertical. “These new investment strategies...
Tribal Communities

HUD Announces $150M Investment Toward Affordable Housing in Tribal Communities

The U.S. Department of Housing and Urban Development (HUD) announced $150 million in funding for new affordable and innovative housing in Tribal communities through the Indian Housing Block Grant (IHBG) Competitive Grant program. “Working with...
Haven at Ann Arbor

Marquette Companies Announces Sale of The Haven at Ann Arbor Rental Community in Michigan

Marquette Companies, a national leader in multifamily development and property management, and a fund managed by DRA Advisors, a New York based real estate investment advisor, recently announced the partnership has sold The Haven...
The Destino

Marcus & Millichap Brokers Sale of 192-Unit Dallas-Fort Worth Metroplex Multifamily Property The Destino

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of The Destino, a 192-unit, 2000s vintage multifamily asset in Grand Prairie,...
The Apiary

McShane to Build 248-unit Apartment Complex The Apiary Near Milwaukee

McShane Construction Company was selected by Land by Label to build The Apiary, a two-building, 248-unit apartment development in West Allis, Wisconsin. “We’re thrilled to partner with Land by Label on The Apiary, a fantastic...
One Seven at Belleview Station

JLL Arranges Loan for Class A Multifamily Complex One Seven at Belleview Station in...

JLL Capital Markets announced that it has secured a $75 million refinancing for One Seven at Belleview Station, a 250-unit luxury mixed-use community in Denver, Colorado. JLL represented the borrowers, Trammell Crow Residential and Cigna,...
The District by Windsor

JLL Arranged the Sale of Denver Multifamily Community The District by Windsor

JLL Capital Markets announced that it has arranged the sale of The District by Windsor, a 276-unit multifamily community in Denver, Colorado. JLL represented the seller, GID, in facilitating the buyer, Mesirow Financial. The District...
34th Avenue

Marcus & Millichap Facilitates Sale of 29-Unit Multifamily Property on 34th Avenue in the...

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of 1213 North 34th Avenue, a 29-unit apartment property located in Melrose...
Middlesex Avenue

Griffith Pepdjonovic Group of Marcus & Millichap Brokers $3.5M Multifamily Sale on Middlesex Avenue...

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of 218-220 Middlesex Avenue, a 12-unit multifamily property in Medford, Massachusetts, for...
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