Thursday, February 6, 2025

Deal boom

Apartment deals, mergers and acquisitions

Cloverdale Estates

Marcus & Millichap Arranges Sale of 106-Unit Multifamily Property Cloverdale Estates in Montgomery

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Cloverdale Estates, a 106-unit apartment property located in Montgomery. Alabama. “This transaction...
Madison Park

Marcus & Millichap Capital Corporation Arranges $5.9M Financing for Los Angeles Multifamily Property Madison...

Marcus & Millichap Capital Corporation (MMCC), a leading provider of commercial real estate capital markets financing solutions, arranged $5,925,000 for the refinancing of Madison Park, a 36-unit multifamily property in Torrance, California. Michael Derk, executive...
Sugarloaf Crest

Parkland Communities Starts Land Development on Sugarloaf Crest

Parkland Residential announces land development is underway at Sugarloaf Crest, a 5.2-acre Gwinnett County build-to-rent (BTR) community featuring 67 stacked townhomes. The community is located at 3535 Sugarloaf Parkway in Lawrenceville, Georgia. The rear-entry stacked...
Williams Village

Avatar Financial Group LLC Provides $56M Loan for Popular Boulder Redevelopment Project for Williams...

Avatar Financial Group LLC (“Avatar”), a leading Seattle-based national bridge lender specializing in commercial real estate, has provided a $56-million loan that will help to bring Williams Village, one of the largest anticipated infill...
MHN Excellence Award

Good + West Residential Wins MHN Excellence Award for Design and Development in Single...

Good + West Residential is proud to announce that its latest development, Perch Denton, has been honored with the Multi-Housing News (MHN) Excellence Award for Design and Development in Single Family Rentals. Good + West...
Sandoval Flats

Dominium Acquires Land for Sandoval Flats, Plans to Develop 216 Affordable Apartment Homes in...

Dominium, a leading housing owner, developer, and manager announced that it has closed a deal to acquire land for the development of Sandoval Flats, a new affordable housing community in Rio Rancho, New Mexico. Dominium...
Cobia Cove

Dominium Announces the Acquisition of Land for New Affordable Housing Community Cobia Cove in...

Dominium, a leading national affordable housing owner, developer, and manager, announced the acquisition of land in Holiday, Florida with plans to construct a new affordable housing community. Located at 2638 Aquaview Lane, Cobia Cove...
7300 South May Street

Marcus & Millichap Facilitates Sale of Two Multifamily Properties in Chicago on Throop Street...

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of 7300 South May Street and 7800 South Throop Street, two multifamily...
Atlanta Housing Authority

HUD Delivers Over $60M to Build and Preserve Affordable Housing in Atlanta Housing Authority

The U.S. Department of Housing and Urban Development (HUD) announced the completion of a $60.2 million Rental Assistance Demonstration (RAD) transaction with the Housing Authority of the City of Atlanta to expand affordable housing...
Mitsui

HSR and Mitsui Fudosan America Break Ground on 215-Unit Luxury Residential Community in Scottsdale

High Street Residential (HSR), the residential subsidiary of Trammell Crow Company (TCC), and JV partner Mitsui Fudosan America (MFA) have broken ground on a 215-unit, Class A, luxury residential community in Scottsdale, Arizona. The three-story...
Berkshire on Clements Ferry

Center Park Group Breaks Ground on 192 Build-to-Rent Berkshire on Clements Ferry Townhomes in...

Center Park Group, in partnership with The Berry Company (TBC) and Batson-Cook Development Company (BCDC), is excited to announce the start of development on Berkshire on Clements Ferry. Berkshire on Clements Ferry will feature 192...
Securities

Freddie Mac Multifamily Issued $56B in 2024 Securities

Freddie Mac (OTCQB: FMCC) issued $56 billion of securities through its multifamily risk transfer platform in 2024, transferring interest rate risk, liquidity risk and the majority of expected credit risk away from U.S. taxpayers...
Hathon

CP Capital Facilitates the Sale of Hathon Apartments Near Boston

CP Capital, a leading U.S. real estate investment manager specializing in multifamily investments, has announced the sale of Hathon – a 190-unit apartment community located in Medway, Massachusetts, a suburb of Boston. “The multifamily sector...
CCRI

MassHousing with CCRI Awards $447,671 for the Production and Preservation of Affordable Sober Housing...

MassHousing has awarded $447,671 in grant funding to six nonprofit organizations to help create 12 affordable sober housing units and preserve 31, and to fund supportive services to men, women and families impacted by...
Avery

Ashcroft Capital Announces Recapitalization of the Avery

Ashcroft Capital, a fully integrated multifamily investment firm, announced the recapitalization of the Avery, a luxury garden-style community in Lewisville, Texas. The recapitalization was achieved when the previous owner—a joint venture between Ashcroft and a...
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