Cityview reveals name for mixed-use project in historic Filipinotown
Cityview, a premier multifamily investment management and development firm, unveiled the name of its 243-unit workforce housing project in Los Angeles’ Historic Filipinotown (HiFi) as Belle on Bev. Slated to complete in Q4 of...
MLG Capital purchases Class A apartment property in San Antonio
MLG Capital—a national leader in diversified private real estate investments—announced its acquisition of Springs at Alamo Ranch, located at 11211 Westwood Loop in San Antonio. The Class A, 227,000 sq. ft. multifamily property features...
Continental Realty Corporation acquires Sycamore at Tyvola in Charlotte with $96.3 million purchase
Continental Realty Corporation (CRC), a Baltimore-based real estate investment and management company active in 10 states, has purchased its eighth multifamily community in North Carolina with the recent $96.3 million acquisition of Sycamore at...
$10.25 million financing arranged for West Denver multihousing community
JLL Capital Markets announced that it has closed the $10.25 million permanent financing for Tennyson44, a 47-unit, mid-rise apartment complex located in the West Denver neighborhood of Berkeley. JLL represented the borrower, Highlands REIT, to...
Avanti Residential completes $41.6 million sale of Dwell Apartments in Scottsdale, Arizona
Avanti Residential has sold the vibrant 193-unit Dwell Apartment Homes for $41.6 million to Chicago-based 29th Street Capital. The sale allows Avanti to realize its investment objective for the property and continue to reallocate the...
USG Realty Capital adds 176-unit multifamily development in Tacoma to its unique investor-directed portfolio
USG Realty Capital (USG), a leading investment sponsor specializing in opportunity zones, announced the details of its ground-up opportunity zone project, Market Square Apartments, as part of its Investors Choice OZ Fund, an investor-directed,...
Cushman & Wakefield arranges $77.5 million sale of Broadstone Ingleside
Cushman & Wakefield announced that the commercial real estate services firm arranged the $77.5 million sale of Broadstone Ingleside, a 336-unit multifamily community located in Ladson, South Carolina. Cushman & Wakefield’s John Phoenix, Louis Smart,...
Institutional Property Advisors brokers sale and arranges financing for multifamily asset in Greater Phoenix
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Eden Apartments, a 112-unit multifamily asset in Tempe, Arizona. The property sold for $26.5 million, or $236,607 per unit. “Built in...
$106 million sale of multihousing development closes
JLL Capital Markets announced that it has closed the $106 million acquisition of and the $62 million financing for Abberly Riverwalk (formerly known as a Alta Riverwalk), a 304-unit, three-story, apartment community in Nashville,...
Kiser Group sells a 94-unit multifamily property in Lakeview
Kiser Group directors Andy Friedman and Jake Parker brokered a condominium deconversion sale at 3825 N Pine Grove, located in the Lakeview neighborhood of Chicago. The 3825 N Pine Grove Condominium Association received $18,300,000 in this...
Marcus & Millichap brokers student housing asset sale in Oregon
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Ducks Village, a 230-unit, 650-bed student housing asset in Eugene, Oregon. “This...
Newly constructed multihousing community in suburban Kansas City secures $59.75 million in refinancing
JLL Capital Markets announced that it has closed the $59.75 million construction takeout refinancing for The Residences at Galleria, a newly constructed, Class-A, 322-unit, luxury apartment community in the Kansas City suburb of Overland...
$31.16 million financing secured for luxury Colorado multihousing community
JLL Capital Markets announced that it has arranged the $31.16 million refinancing for Epoque Golden, a 120-unit, Class A, four-story, luxury multihousing community in Golden, Colorado. JLL worked on behalf of the borrower team, including...
Berkadia arranges $26 million refinancing for two multifamily communities outside of Tampa
Berkadia announces it has arranged the refinancing of two properties in Florida: Gables at Honore in Sarasota, Fla., and Lodge at Woodlake in Lakeland, Fla. Senior Managing Director Mitch Sinberg, Managing Director Matt Robbins...
Cushman & Wakefield arranges sale of The Ridges at Bentonville
Cushman & Wakefield announced that the commercial real estate services firm arranged the sale of The Ridges at Bentonville, a 96-unit apartment community that was built in 2006 and is located in Bentonville, Arkansas. Cushman...