Deal boom

CBRE announced the sale of a four-unit multifamily property in Orange County, Calif., for $1,590,000, representing 99 percent of the list price and $462 per square foot. CBRE’s Executive Vice President Dan Blackwell, Vice President...

Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the $1.84 million sale of a 15-unit multifamily property in Forest Park, Ill., located about 10 miles west of Chicago. The...

Newmark announces it has completed the sale of Autumn Ranch on Swenson Farms, a 336-unit value-add multifamily asset located in Pflugerville, Texas, in Austin’s Silicon Hills. Newmark Vice Chairman Patton Jones and Managing Director Andrew...

Berkadia announces it has arranged financing for Atlantic Pacific Companies and LEM Capital to acquire Verona View Apartments, a 293-unit apartment community in Plantation, Florida. Senior Managing Director Mitch Sinberg, Managing Directors Brad Williamson, Scott...

MassHousing is providing $5.2 million in affordable housing financing to the non-profit Way Finders, for the development of the 62-unit Rosewood Way Townhomes for families with a range of incomes in Agawam. Located in Agawam’s...

JLL Capital Markets announced that it has arranged the $7.042 million refinancing for Gary Manor, a 198-unit, age-restricted, 100 percent HAP multihousing community located in Gary, Indiana within the Chicago-Naperville-Elgin MSA. JLL worked on behalf...

The Mogharebi Group (TMG) has advised a Colorado-based private investment group on its sale of Fireside Village, a 180-unit multifamily community in Omaha, Nebraska to ARTISAN Capital Group. The multifamily transaction, one of the largest...

FCP announces the $33.25 million acquisition of Water’s Edge Apartments at 800 Broward Road in Jacksonville, Florida through a joint venture with Springer Capital. The 404-unit apartment community was built in 1974 and consists of...

JLL Capital Markets announced today that it has arranged $52 million in construction financing for Dobson Station, a 245-unit multihousing development set to deliver in 2024 in Mesa, Arizona. JLL worked on behalf of the borrower,...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of The Place at Catherine’s Way, a 303-unit multifamily asset in Manchester, Connecticut. “The property is a 100 percent market-rate, garden-style asset...

DB Capital Management (DB Capital) has closed on the recapitalization of Ascent at Union Square in Provo, Utah, a 139-unit garden style community acquired by the Denver-based multifamily investment firm in December 2020. Over the...

CBRE arranged the sale of a 12-unit multifamily property in Anaheim, Calif., to a private investor in a 1031 exchange. The sale price was $4.25 million, representing $354,166 per unit and $324 per square foot. CBRE’s Executive...

Berkadia has arranged senior construction financing for The One at Hope Mills, a 360-unit garden-style multifamily development in the rapidly expanding Fayetteville, North Carolina market. Senior Managing Director Mitch Sinberg and Managing Directors Brad Williamson,...

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Venetian Isles, an eight-unit multifamily property located in Lighthouse Point, Florida....

JLL Capital Markets announced that it has secured $11.75 million in forward permanent financing for Third Thyme, a 104-unit, affordable multihousing community in Los Angeles, California. JLL worked on behalf of the borrower, West Hollywood...