Deal boom

JLL Capital Markets announced that it has closed the $8 million sale of Highland Chateau, a 60-unit, 1972-built multihousing community located in the high-demand city of Duluth, Minnesota. The buyer, PLB Highland Chateau, LLC, was...

CBRE announced the sale of a 30-unit multifamily community in Westminster, Calif., to a private investor for $10 million.  CBRE’s Executive Vice President Dan Blackwell and Senior Associate Andrew Boukather represented the buyer and seller...

GFI Realty Services, LLC announced the $3.250-million sale of 1113 Avenue O, a multifamily building comprised of 23 units located in the Midwood section of Brooklyn. GFI Realty Senior Managing Director Matthew Sparks, represented the seller...

Marcus & Millichap Capital Corporation (MMCC), a leading provider of commercial real estate capital markets financing solutions, arranged a $6,400,000 loan for the refinancing of Rancho Coronado Condominiums, a multifamily property located at 740-798...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of The Lakes Apartments, a 265-unit multifamily property in Bellevue, Washington. The sale was brokered by IPA’s Giovanni Napoli, Philip Assouad,...

JLL Capital Markets announced that it closed on the sale of The Shay, a 245-unit, best-in-class multihousing community located in the highly sought-after Shaw neighborhood of Washington, D.C. JLL represented the seller in the transaction. Built...

JLL Capital Markets announced that it has arranged the acquisition financing for 303 Flats, a Class A, 138-unit / 431-bed, mid-rise student housing community located at the University of Tennessee in Knoxville. JLL represented the...

The Mogharebi Group (TMG) has arranged the $25.2 million sale of Trails at 2112 Apartments, a turnkey 97-unit multifamily community in the Central Valley city of Modesto, CA. Executive Vice President Otto Ozen and...

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of a 27-unit apartment portfolio located in North Miami Beach, Florida. The assets sold for $4,850,000.  “The sale...

JLL Capital Markets announced that it has secured construction financing for The Hunter, a 214-unit, Class A multihousing project located in Colorado Springs’ New South End neighborhood, one of the area’s fastest growing submarkets. JLL...

Avison Young Capital Markets lead Principals Jay Maddox and Peter Sherman and Miami-based Principal George Vail have arranged the $37.5 million refinancing of Azul Baldwin Park on behalf of the owner, Beverly Hills, Calif.-based...

Cushman & Wakefield announced that the commercial real estate services firm arranged the sale of Lively Victor Park, a 318-unit multifamily community located in Greer, South Carolina. Cushman & Wakefield’s John Phoenix, Louis Smart, and...

JLL’s Capital Markets group announced that it has secured the $262 million construction financing for E11EVEN Residences Beyond, a 65-story condominium development in Miami, Florida. The project will include over 550 luxury condominium units, 13,861...

JLL’s Capital Markets group announced that it has secured the $520 million capitalization for the development of Sackett Place and Society Brooklyn, an under-construction, two-tower, 21-story luxury waterfront mixed-use community with 517 multihousing units...

JLL Capital Markets announced that it closed the sale of Vue on MacGregor, a 117-unit / 347-bed student housing community near the University of Houston, the third largest university in Texas. JLL worked on behalf...