Thursday, May 8, 2025

Deal boom

Apartment deals, mergers and acquisitions

Soto

Legacy Partners and DWS Break Ground on 200-Residence Apartment Community in Torrance

Legacy Partners (“Legacy”), a privately held national real estate firm, partnered with DWS Group (“DWS”), a leading global asset manager, to announce the start of construction for Soto, a 200-residence apartment community in Torrance,...
Stonington Village

JLL Secured $41.5M in Construction Financing for New Mixed-Use Development Stonington Village in Connecticut

JLL Capital Markets announced that it has arranged a $41.5 million construction financing for Stonington Village, a 160-unit mixed-use multifamily and retail development project in Stonington, Connecticut. JLL worked on behalf of the borrower, READCO,...
Westmount at Forest Oaks

Institutional Property Advisors Closes Mid-Cities Multifamily Asset Sale of Westmount at Forest Oaks

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Westmount at Forest Oaks, a 164-unit multifamily property in Arlington, Texas. “Built in 1980 and located just south of the Viridian...
Residences at Enso

Thorofare Capital Provides Nearly $74M in Financing for Jacksonville Multifamily Community Residences at Enso

Thorofare Capital (“Thorofare”) provided a $73,070,000 bridge loan to refinance The Residences at Enso. Trevato Development Group will use this interim financing primarily to retire the original bank construction loan on the Class A property, which is located at 3650 Enso Way...
Hudson Ridge Apartments

JLL Secures $24.2M in Acquisition Financing for Hudson Ridge Apartments in North Bergen New...

JLL Capital Markets announced that it has secured the $24.2 million acquisition financing for Hudson Ridge Apartments, a 215-unit multifamily property located in North Bergen, New Jersey. JLL worked on behalf of Tower Management, the...
Avalon Wesmont Station

JLL Facilitates Sale of Premier Multifamily Community Avalon Wesmont Station in in New Jersey

JLL Capital Markets announced that it has arranged the $161.5 million sale of Avalon Wesmont Station, a 406-unit multifamily community located in Wood-Ridge, New Jersey. JLL represented the seller, AvalonBay Communities. The buyer was Cammeby's...
Windsor Crossing

Gantry Secures $18M Permanent Refinancing for Spokane Multifamily Property Windsor Crossing

Gantry, the largest independent commercial mortgage banking firm in the U.S., has secured an $18 million permanent loan to refinance the Windsor Crossing apartment community in Spokane, Washington. The duplex-style apartment community includes 224 two-,...
Skye

Institutional Property Advisors Closes Multifamily High-Rise Skye Sale in Seattle

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Skye, an 18-story, 371-unit apartment building with 13,300 square feet of street-level retail in Seattle’s Denny Triangle neighborhood. “Skye is truly...
attainable housing

Wood Partners Breaks Ground on Three Attainable Housing Communities in Georgia, Tennessee and Florida

National multifamily developer Wood Partners expands its presence across the Southeast with the start of construction on new attainable housing projects in Palmetto, Florida, Nashville and Atlanta. "Wood Partners' recent expansion in the Southeast creates...
Allen Ridge

JLL Arranges Acquisition Financing and Joint Venture Equity Totaling $25.4M for North Carolina BTR...

JLL Capital Markets announced that it has arranged a $15.7 million loan and $9.7 million of joint venture equity for Allen Ridge, a 125-unit multifamily community in Greenville, North Carolina. JLL helped create the joint venture...
Greens at Centennial

JLL Facilitates Sale and Financing for Apartment Community Greens at Centennial

JLL Capital Markets announced that it has arranged the sale and acquisition financing for the Greens at Centennial, a 292-unit multifamily community in Raleigh, North Carolina. JLL sourced the buyer and co-brokered the sale in...
Rambler Athens

Mesa West Capital Originates $134M Loan to Refinance University of Georgia Student Housing Community...

Mesa West Capital has provided Austin-based developer LV Collective (“LV”) with $133.9 million in short-term, first mortgage debt to refinance Rambler Athens, a newly constructed 750-bed student housing complex adjacent to the University of...
Village at Gainesville

Continuum Advisors Arranges Sale of Trophy Senior Living Asset The Village at Gainesville in...

Continuum Advisors, a national senior housing investment sales and advisory firm, is pleased to announce the sale of The Village at Gainesville, a premier 639-unit senior housing rental community located in Gainesville, Florida. Regionally anchored...
Riverwood at New Canaan

Joint Venture Introduces Riverwood at New Canaan in Central Connecticut

The Housing Authority of New Canaan (HANC), in collaboration with Heritage Housing Inc. and Bedrock Real Estate Partners, is pleased to introduce the newly rebranded Riverwood at New Canaan, located at 100 Lakeview Avenue,...
National Student Housing Portfolio

Newmark Arranges Sale of Five-Property, Nearly 1,250-Unit National Student Housing Portfolio

Newmark Group, Inc., a leading commercial real estate advisor and service provider to large institutional investors, global corporations, and other owners and occupiers, announces the company has arranged the sale of a five-property national...
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