Gortikov Capital arranges $141.4 million recapitalization for affordable multifamily portfolio in Santa Monica, California
Gortikov Capital announced that it has arranged a $141.4 million recapitalization of the Samo Apartments Portfolio, an 11-property, 399-unit affordable multifamily residential portfolio located in Santa Monica, California. The recapitalization included a $127.6 million...
The Multifamily Group sells 32-unit multifamily asset in Austin
The Multifamily Group (TMG), a Dallas-based commercial real estate brokerage firm, announced this week that it had facilitated the sale of Elm Park Apartments, a garden-style 32-unit asset in Austin, Texas. Chris Siemasko represented the...
Institutional Property Advisors facilitates $73.25 million Las Vegas multifamily asset sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Monterra, a 344-unit multifamily property in Las Vegas, Nevada. The $73.25 million sales price equates to $212,936 per unit. “Las Vegas...
JLL arranges $387.5 million sale of New York City multihousing community
JLL’s Capital Markets group announced that it has closed the sale of a $387.5 million multihousing community comprised of 408 market-rate units and 9,693 square feet of commercial space located at 685 1st Ave. in...
Eagle Property Capital and Belay Investment Group announce disposition of Dallas-Fort Worth multifamily asset
Eagle Property Capital Investments, LLC (EPC), a vertically integrated real estate investment manager focused on the value-add multifamily space, announced the disposition of Woodchase & Clarendon, a 266-unit apartment community located in Irving, northwest of...
FCP acquires 297-unit multifamily apartment community in Raleigh, NC for $48 million
FCP announces the $48.0 million acquisition of Grand Arbor Reserve, a 297-unit vintage apartment community at 2419 Wycliff Road, blocks from I-440 in Raleigh, North Carolina. “Grand Arbor Reserve is a well-located asset that provides residents...
Newmark announces sale of Regency at Stone Oak—a 320-unit townhome property in San Antonio
Newmark announces the sale of Regency at Stone Oak, a 320-unit townhome community in north central San Antonio, Texas. Newmark Vice Chairman Patton Jones, Senior Managing Director Matt Michelson and Managing Director Andrew Dickson...
Trion Properties sells 76-unit multifamily community in Greater Portland Metropolitan area for $21.5 million
Trion Properties, a multifamily investment sponsor and private equity real estate firm based in West Hollywood, California and Miami, Florida, has sold The Hallwood Apartments, a multifamily community totaling 76 units in the Beaverton...
ABI Multifamily brokers 24-unit Wickenburg multifamily apartment community for $3 million
ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $3,000,000 / $125,000 Per Unit / $133.98 Per SF sale of Las Palmas Villas, a...
The Bainbridge Companies announces acquisition of new multifamily apartment community in Cary, North Carolina
The Bainbridge Companies (Bainbridge), a fully integrated family of real estate companies engaged in the development, construction/renovation, management, and acquisition of residential and commercial real estate as well as a leading owner, developer, and...
Napali Capital acquires North Carolina apartment complex Destination at Union
Napali Capital, LLC, a leading Texas-based real estate investment company announces the acquisition of Destination at Union apartment community in Gastonia, North Carolina. Napali Capital and subsidiary Napali Residential Group will own and operate the...
Marcus & Millichap completes dual Fort Worth multifamily sale for $46 million
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Ariva and Tribecca Pointe, two multifamily assets totaling 351 units in...
Marcus & Millichap arranges the sale of a Coral Springs Apartment complex for $5.5...
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Jacob Apartments, atwo-story, 20-unit boutique apartment community in Coral Springs, Florida....
Institutional Property Advisors closes $76 million Studio City multifamily sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Avalon Studio 4121, a 149-unit multifamily asset in the Studio City neighborhood of Los Angeles, California. The property sold for...
The Multifamily Group completes the sale of 150 units in Killeen, Texas
The Multifamily Group (TMG), a Dallas-based commercial real estate brokerage firm, announced that it had facilitated the sale of Hoodview Apartment Homes in Killeen this week. Will Clarke represented the seller and Paul Yazbeck procured...
