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...
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...