The Mogharebi Group brokers $28.5 million sale of 284-unit senior-living community in California’s Inland...
The Mogharebi Group (TMG) has arranged the sale of Wildomar Senior, a 284-unit senior leisure housing community in Southern California’s Inland Empire. TMG represented the seller Craig Thralls, who developed the property in 2000,...
Sunrise Management adds The Warwick to San Diego portfolio
Following the $37.4 million sale of the luxury multifamily community The Warwick—a newly renovated Class A project in San Diego’s vibrant Hillcrest neighborhood—San Diego-based Sunrise Management has taken over its day-to-day management. Previously a...
The Multifamily Group transacts 89 units in Oklahoma City
The Multifamily Group (TMG), a Dallas-based commercial real estate brokerage firm, announced this week that it had facilitated the sale of Pelican Hill Apartments, an 89 unit garden-style multifamily asset located in Oklahoma City. Managing...
Cushman & Wakefield arranges $24 million sale of Lexington Park in Cobb County’s Northwest...
Cushman & Wakefield announced that the commercial real estate services firm arranged the $24 million sale of Lexington Park, a 156-unit multifamily property located in Smyrna, Georgia. Cushman & Wakefield’s Travis Presnell, Nathan Swenson, and...
Interra Realty brokers $5.8 million sale of mixed-use apartment building in Chicago’s Ravenswood Neighborhood
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the sale of a 27-unit multifamily property in Chicago’s Ravenswood neighborhood. The building sold for $5.846 million, equating to $216,518 per...
Marcus & Millichap brokers three-property multifamily portfolio sale in Dallas-Fort Worth
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of a three-property, 782-unit multifamily portfolio located in Arlington, Grand Prairie, and...
Standard Communities completes its largest acquisition, bringing 3,200 affordable units into its portfolio
Standard Communities, a major national affordable housing developer and investor, has acquired controlling interest in an affordable housing portfolio of nearly 3,200 units in Florida and Georgia. The transaction is Standard’s largest acquisition. Standard will...
Thompson Thrift sells The Grove Apartment Community in Grand Rapids
Thompson Thrift, a full-service nationally recognized real estate company, announced the sale of The Grove, a 320-unit Class A multifamily community in Grand Rapids. A private real estate investment firm purchased the community for...
Marcus & Millichap brokers the sale of a 30-unit Coral Springs apartment building for...
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Fairway Views, a five-story, 30-unit apartment complex in Coral Springs, Florida....
Capital Square acquires build-for-rent townhome community near Raleigh for DST offering
Capital Square, one of the nation’s leading sponsors of tax-advantaged real estate investments and an active developer of multifamily communities, announced the acquisition of Ashford Townes, a 74-unit newly constructed build-for-rent townhome community in...
$10.5 million refinancing secured for Los Angeles affordable housing development
JLL Capital Markets announced that it has arranged $10.5 million in construction takeout refinancing for Park Place at Jordan Downs, an 80-unit affordable housing development in Southeast Los Angeles, California. JLL represented the borrower, BRIDGE...
CBRE arranges $7.8 million sale of 204-unit development site in Farmington, Connecticut
Representatives of CBRE, led by Jeff Dunne, Simon Butler, Biria St. John, Eric Apfel, Stuart MacKenzie, John McLaughlin, and Brian Bowler announced the $7.8 million sale of a 204-unit multifamily development site in Farmington,...
Sale of age-restricted community in Milwaukee closes
JLL Capital Markets announced that it has closed the sale of and acquisition financing for the Oaks of Shorewood, a 101-unit luxury, age-restricted (55+) multihousing community in Shorewood, Wisconsin. Weidner Apartment Homes acquired the property....
Institutional Property Advisors negotiates Greater Phoenix multifamily property sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Mountain Park, a 240-unit multifamily asset in the Ahwatukee Foothills Village of Phoenix, Arizona. “Ahwatukee Foothills Village demonstrates attractive demographics and...
Institutional Property Advisors brokers sale and arranges financing for Dallas multifamily asset
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale and financing of The Lex, a 144-unit multifamily asset in the Lake Highlands neighborhood of Dallas, Texas. “Lake Highlands was a high-performing...
