Champion Real Estate Company refinances Victory on Portland student housing asset near University of...
Despite a challenging capital markets climate, Champion Real Estate Company (Champion), announced that it has refinanced Victory on Portland, a 55 unit/139-bed student housing property located at 2353 Portland Street in Los Angeles California...
Marcus & Millichap brokers $2.35 million apartment sale in Hattiesburg
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Campus Cottages, a 44-unit apartment community located in Hattiesburg, Mississippi. The...
Interra Realty brokers $5.2 million sale of vintage apartment building in Chicago’s Buena Park Neighborhood
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the sale of a 42-unit multifamily property in Chicago’s Uptown neighborhood. The building sold for $5.2 million, equating to $123,809 per...
$2.52 million financing secured for Wyoming affordable housing community
JLL Capital Markets announced that it has arranged the $2.52 million acquisition financing for Autumn Ridge, a 48-unit, garden-style affordable housing community located in Laramie, Wyoming. JLL worked on behalf of the borrower, Graystoke Capital...
Avanti Residential and Trinity Investors partner on 184-unit apartment complex in Metro Denver
Avanti Residential has partnered with Trinity Investors in the $45 million acquisition and recapitalization of Sunset Peak Apartment Homes, a 184-unit multifamily community located north of downtown Denver in Thornton, Colorado. The project is unique...
JVM Realty Corp. acquires luxury apartment community in Chicago’s Western Suburbs
JVM Realty Corp., a leading vertically integrated multifamily real estate investment and property management firm, announced it has acquired Courthouse Square, a 149-unit Class A apartment community 25 miles west of Chicago in the...
Kidder Mathews sells 28-unit Sunset Laurel apartments for $11 million
The Sunset Laurel Apartments, located at 1545 North Laurel Avenue in Los Angeles, have sold for $11,000,000. Kidder Mathews’ Senior Vice President Robin D. Ossenbeck represented the seller, N. Laurel, Villa C, LP, a...
$11.9 million sale of two historic multifamily properties in prime East Orange location
Gebroe-Hammer Associates’ Executive Managing Director and East Orange market specialist David Oropeza has brokered the $11.9 million sale of 17 Summit Street and 60 North Arlington Avenue Apartments, two historic East Orange residential properties...
Los Angeles-area multifamily asset trades for $49.6 million
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale and financing of Alivia Apartments, a 128-unit multifamily property in Whittier, California. The leasehold interest of the property sold for $49,625,000,...
Marcus & Millichap brokers sale of luxury student-housing townhomes in Tallahassee, Florida
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of The Highlands, a 78-bed student housing asset in Tallahassee, Florida. The...
ABI Multifamily brokers 260-unit West Phoenix apartment community for $49.75 million
ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $49,750,000 / $191,346 Per Unit / $281.24 Per SF sale of Dimension on 27th Apartment...
Trion Properties acquires 104-unit multifamily community in Sacramento, California for $23.6 million
Trion Properties, a multifamily investment sponsor and private equity real estate firm based in West Hollywood, California and Miami, Florida, announces the acquisition of 1503 Fulton Avenue, a 104-unit multifamily community located in Sacramento,...
JLL Capital Markets arranges $48 million non-recourse construction financing for Solamar Wildwood
JLL Capital Markets announced that it has arranged $48 million in construction financing for the development of Solamar Wildwood, a 243-unit, build-to-rent townhome and villa community located in Wildwood, Florida and adjacent to The...
Avanath Capital Management acquires high-rise apartment community in Brooklyn for $101.25 million
Avanath Capital Management, LLC (Avanath), a private real estate investment management firm, announces the acquisition of 7 DeKalb, a 251-unit multifamily property located in the Brooklyn borough of New York City, New York for...
$24.3 million financing secured for six affordable housing assets in Seattle
JLL Capital Markets announced that it has secured $24.3 million in acquisition financing for a six-asset affordable housing portfolio, consisting of 354 small efficiency dwelling units (SEDUs) located in infill Seattle, Washington. JLL worked on...