Saturday, May 18, 2024

Deal boom

Apartment deals, mergers and acquisitions

Alta Cypress Springs

Wood Partners Expands Footprint in Houston with Grand Opening of Newest Upscale Apartment Community...

National multifamily real estate development leader Wood Partners announced the grand opening of its newest luxury residential community, Alta Cypress Springs. Nestled between the flourishing areas of Katy and Cypress, Texas, suburbs of Houston,...
Hamilton On the Bay

Miami waterfront multifamily asset sold by Marcus & Millichap

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Hamilton on the Bay, a 28-story, 275-unit apartment tower in Miami’s...
The Russell Apartments

Trion Properties acquires 68-unit multifamily community in Portland, Oregon for $19.7 million

Trion Properties, a private equity real estate firm based in West Hollywood, California and Miami, Florida specializing in value-add multifamily investments, has announced the acquisition of The Russell Apartments, a 68-unit multifamily community in...
Capital Club at Indian Land

Cushman & Wakefield arranges multifamily sale on behalf of TWO Capital Partners

Cushman & Wakefield announced the commercial real estate services firm has arranged the sale of Capital Club at Indian Land, a 312-unit apartment community located in Indian Land, South Carolina. Marc Robinson, Jordan McCarley, Brooks...
Ocean Villas

Institutional Property Advisors closes Ventura County multifamily asset sale

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Ocean Villas, a 119-unit apartment asset in Oxnard, California. The property sold for $39.75 million, which equates to $334,033 per...
7 DeKalb

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...

Habitat for Humanity New York City, Almat Group break ground on largest Habitat for...

Habitat for Humanity New York City in conjunction with Almat Group will be breaking ground on Sydney House, a 56-unit affordable co-op building in the Williamsbridge section of the Bronx. Sydney House is a...

Stiles unveils transformed 200 East Las Olas Office Tower

Stiles announced today that it has completed a $2 million renovation and rebranding of 200 East Las Olas, a 21-story, mixed-use office tower in downtown Fort Lauderdale. Stiles, which owns, manages and leases the...
USC Expo

Mosaic Investment Partners secures full capitalization for University of Southern California student housing development

JLL Capital Markets announced that it arranged the capitalization of USC Expo, a 57-unit / 260-bed USC student housing development located less than a half-block from the campus of the University of Southern California...
i5 Wynwood

Related Group and W5 Group Announce Wynwood’s First Co-Living Project, i5 Wynwood in Miami...

Related Group, one of the country’s leading developers of sophisticated metropolitan living, in partnership with W5 Group, a single family investment office that is a leader in innovative residential investments in the United States...
1348 Brown Street

Interra Realty Brokers $1.575 Million Sale of 12-Unit Multifamily Building in Suburban Chicago

Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the $1.575 million sale of a 12-unit multifamily building in Des Plaines, Illinois, a northwest suburb of Chicago. The total equated...
Chapman Place

Thorofare Capital Refinances Class A Multifamily Property Chapman Place Apartments in San Diego

Thorofare Capital, Inc. (“Thorofare” or the “Company”), an affiliate of asset management platform Callodine Group, announced it provided a $26,000,000 loan to Chapman Place LLC for the refinancing and lease-up of Chapman Place Apartments...
Pearce at Pavilion

Universe Holdings Enters New Market with $66M Multifamily Acquisition Pearce at Pavilion in Tampa...

Universe Holdings has made its entry into the Florida real estate market with the acquisition of Pearce at Pavilion, a 250-unit multifamily property in Tampa, Florida for $66 million. The acquisition included the assumption...
One Santa Fe

JLL closes sale of Los Angeles apartment community

JLL Capital Markets announced that it has closed the sale of One Santa Fe, a 438-unit, mixed-use, core-plus apartment community located in the Arts District of Los Angeles. JLL marketed the property on behalf of...
The Proper

DivcoWest and Blackfin purchase 384-unit Raleigh multifamily community

A partnership between DivcoWest and Blackfin Real Estate Investors has completed the purchase of The Proper, a 384-unit residential community located at 403 Wolf Creek Circle in Raleigh, North Carolina. Built as high-end student...
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