Sale of northwest Austin multihousing community closes
JLL Capital Markets announced that it has arranged the sale of Caliza, a 270-unit, Class A, garden-style apartment community in the northwest Austin suburb of Cedar Park, Texas. JLL worked on behalf of the seller,...
Kiser Group closes a $15 million deal off market
Kiser Group has brokered a $15M portfolio in the UIC Medical District. The seller University Rentals UIC sold the property to Bay Laurel Partners in an off-market deal. The portfolio is strategically located in close...
Camino Verde Group acquires Sherwood Apartments
Las Vegas-based real estate investment and development firm Camino Verde Group recently acquired Sherwood Apartments in Midtown Las Vegas. Located just east of Las Vegas Boulevard, the 10-unit building will be a welcome addition...
FCP acquires 360-unit Amber Grove at Olley Creek Apartments in Marietta, Georgia for $51...
FCP announces the $51.0 million acquisition of Amber Grove at Olley Creek Apartments, a 360-unit garden apartment community at 2050 Austell Road in Marietta, GA. FCP has invested in 34 properties since its entry into...
Post Road Management acquires multifamily portfolio totaling 1,002 units in Wichita, Kansas
Post Road Management, a full-service real estate investment and management company, has acquired a portfolio of 11 multifamily communities, all located in Wichita, Kansas and the greater metro area. With this purchase, Post Road has...
460-unit sale of multihousing community between Buffalo and Niagara Falls, NY trades
JLL Capital Markets announced that it has closed the sale of Town Hall Terrace, a 460-unit multihousing community located in Grand Island, New York. JLL marketed the property on behalf of a private owner who...
The Mogharebi Group completes sale of 92-unit apartment community in Fresno for $11.4 million
The Mogharebi Group (TMG) has arranged the $11.4 million sale of the 92-unit Northbrook Apartments in Fresno, California. Located at 584 E. Bullard Ave., Northbrook Apartments is a single-story, garden-style apartment community with a unit...
Berkadia arranges $165 million construction loan takeout refinancing for South Florida’s multifamily development of...
Berkadia announces it has arranged a $165 million loan to refinance the construction loan for The Dorsey, a recently completed, mixed-use development located in Miami’s Wynwood neighborhood. The 306-unit property was co-developed by Related...
ABI Multifamily brokers 20-unit South Phoenix apartment community for $2.9 million
ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $2.9 million / $145,000 per uUnit / $233.49 per square foot sale of 1011 Apartments,...
The Mogharebi Group brokers sale of 30-unit apartment community in Los Angeles
Despite current market conditions, deals have still been transacting—especially on small- to mid-cap multifamily assets in Los Angeles. The $7.15 million sale of 30-unit Gramercy Townhouse in the booming Koreatown neighborhood is yet another...
WinnCompanies secures funding for $137 million rehab of the historic Pines of Perinton affordable...
WinnCompanies, an award-winning national developer and manager of affordable, mixed-income and market rate apartment communities, today announced it has secured the funding for a comprehensive, $137 million rehabilitation of the Pines of Perinton in...
The Mogharebi Group achieves more than $300,000 per door on Fresno, California multifamily community...
The Mogharebi Group (TMG) has arranged the $14.75 million sale of Birch Commons, a 49-unit multifamily property in Fresno, California. Located on 4.77 acres at 1850 E. Birch Avenue, Birch Commons is a townhome-style apartment...
Berkadia arranges $37 million refinance of apartment community in Huntsville, Alabama
Berkadia announces it has arranged a $37 million loan to refinance Ascent at Jones Valley, a 431-unit apartment and townhome community in Huntsville, Alabama. Senior Managing Director Charles Foschini, Managing Director Christopher Apone and...
Class A apartment community in Lakewood secures fixed-rate permanent financing
JLL Capital Markets announced that it has arranged fixed-rate refinancing for Traverse Apartments, a newly constructed, Class A, 281-unit, luxury apartment community located within the Denver metro in Lakewood, Colorado. JLL worked on behalf of...
JLL arranges sale of 190-unit build-to-rent development site in Tampa MSA
JLL Capital Markets announced that it closed on the sale of GroveParc Townhomes, a 48.08-acre, build-to-rent development site located in Wesley Chapel, Florida (Tampa MSA). With site work complete, the development is approved for...
