Interra Realty brokers $16.9 million sale of new apartment community on Chicago’s North Shore
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the $16.9 million sale of Station440, a 48-unit multifamily property in Highwood, Ill. Interra Managing Partner Craig Martin represented Benchmark Developers in...
Avanti Residential buys Summit Square Apartments in Greater Kansas City
Nationwide multifamily investor and operator Avanti Residential announces the acquisition of the 308-unit Summit Square apartments in the Kansas City metropolitan area for $80 million. Avanti now owns eight apartment communities in the greater...
Institutional Property Advisors closes sale of Downtown Phoenix high-rise and arranges financing
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale and financing of 700 North 4th Street, a 27-story, 234-unit luxury multifamily asset in Phoenix, Arizona. “Embedded within downtown and midtown Phoenix’s...
Capitalization secured for luxury Cleveland multihousing development
JLL Capital Markets announced that it has arranged $38.5 million in construction financing, in addition to Co-GP equity, for Residences at Bolivar, a 184-unit, Class A, luxury multihousing development with 2,611 square feet of...
Levin Johnston closes four multifamily transactions in March as San Jose market shows resilience
Levin Johnston of Marcus and Millichap, one of the top multifamily brokerage teams in the U.S. specializing in wealth management through commercial real estate investments, announces that it closed four multifamily transactions totaling $7.215...
$219.9 million recapitalization arranged for suburban Miami multihousing community
JLL Capital Markets announced that it has arranged the recapitalization of Landmark South, a 631-unit, mid-rise multihousing community in Doral, Florida. JLL worked on behalf of the borrower, JSB Capital Group, to secure the five-year,...
Revitate Cherry Tree acquires sixth workforce housing property
Revitate Cherry Tree (RevCT), a leading private real estate investment platform specializing in acquiring and operating multifamily assets across key U.S. markets, has acquired Tuscany Bay, a 96-unit, well-appointed and highly amenitized multifamily property...
Knighthead Funding provides $24.1 million loan for refinance of multifamily asset in Memphis, Tenn....
Knighthead Funding, LLC (Knighthead) has provided a $24.1 million loan to a joint venture between affiliates of Passco Companies, LLC and Avenida Partners to refinance a newly constructed, Class A 55+ luxury multifamily development...
Inland Empire townhome community trades for $150 million in So Cal’s largest multifamily transaction...
In the largest multifamily transaction in Southern California to close this year, real estate investment firm Archway Equities (Archway) has acquired from 4914 Olive Street Properties LLC, The Paseos at Montclair North, a 385-unit...
GFI Realty trades Richmond Hill 36-unit multifamily building for $5.095 million
GFI Realty Services, LLC announced the $5.095-million sale of 86-21 112th Street, amultifamily building comprised of 36 units, located in the Richmond Hill section of Queens. GFI Realty Director Ohad Babo, and associate Yosef Magarefteh, also...
Cushman & Wakefield and Greystone collaborate on sale and financing of 40-unit community in...
The joint venture team of Cushman & Wakefield and Greystone announced that they arranged the sale of and provided acquisition financing for Salisbury Court, a 40-unit apartment community located at 1501 Old Salisbury Ct....
The Mogharebi Group secures $50.5-million sale of 156-unit apartment community in Ontario, California
The Mogharebi Group (TMG) has arranged the $50.5 million sale of The Landing Apartments, a 156-unit multifamily community in Ontario, California. Located at 3364 Honeybrook Way, The Landing is a garden-style apartment community with a...
Berkadia arranges debt & equity recapitalization of Fort Lauderdale apartment community
Berkadia announces it has secured a senior lender and preferred equity provider for the $51.5 million refinancing of The Village at Eastpointe Apartments, a 296-unit apartment complex located in Fort Lauderdale, Florida. Managing Director...
Magma Equities and Macquarie Asset Management acquire 285-unit apartment community in Arlington, Texas
Magma Equities and a global real estate fund managed by Macquarie Asset Management has acquired Bardin Greene, a 285-unit garden style multifamily property in the Dallas-Fort Worth Metro city of Arlington, Texas from Moody...
Institutional Property Advisors brokers sale and arranges financing for Greater Phoenix multifamily asset
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale and financing of The Gallery, an 88-unit apartment asset in Tempe, Arizona. The property sold for $20.3 million, or $230,682 per...
