Sunday, May 5, 2024

Deal boom

Apartment deals, mergers and acquisitions

The Windsor

Brixton Pays $125M for The Windsor Apartments in Lakewood Colorado

Brixton Capital acquired The Windsor, a 352-unit, two-story townhome and apartment community in Lakewood, Colorado. Brixton purchased The Windsor from TA Realty for $124.25 million. The property will be rebranded Brixton Townhomes at Bear...
The Edge at Lakewood Apartments

The Mogharebi Group Secures $42.7M For Sale of The Edge at Lakewood Apartments in...

The Mogharebi Group (TMG) has arranged the $42.7 million sale of the Edge at Lakewood Apartments, a 196-unit apartment community in Modesto, California, on behalf of Osso Capital and Graceada Partners. The sale, which...
Westmont Commons

TruAmerica Multifamily Acquires Westmont Commons in Asheville North Carolina for Nearly $50M

TruAmerica Multifamily, a national, institutionally-focused multifamily investment firm, acquired Westmont Commons, a 252-unit multifamily community in Asheville, North Carolina. The asset was purchased off-market for $49,875,000 in partnership with Spoke Real Estate Capital. The...
Champions Vue

JAG Management Company Adds Another Luxury Community to Florida Portfolio with Champions Vue

JAG Management Company, the third-party management division of Jefferson Apartment Group (JAG) has been selected to manage Champions Vue, a 326-unit Class A mid-rise multifamily community in Davenport, Florida. Champions Vue is the third RST...
Crossroads Apartments

Institutional Property Advisors Brokers Sale and Arranges Financing for Crossroads Apartments in Suburban Salt...

Institutional Property Advisors, a division of Marcus & Millichap, announced the sale and financing of Crossroads Apartments, a 240-unit multifamily asset in West Valley City, Utah. “The Salt Lake City metro area continues to grow its...
Parallax

Luxury multihousing community in Portland sold

JLL Capital Markets announced that it has closed the sale of Parallax, a 66-unit, Class A, luxury multihousing community in the Boise-Eliot neighborhood of Portland, Oregon. JLL marketed the property on behalf of local sellers,...

Two decorated townhome models and design center open at Lexington Pointe in the heart...

Chicago-based Lexington Homes has announced the grand opening of two decorated models at Lexington Pointe, a new community of 58 townhomes in downtown Des Plaines. An on-site design center, with a full-time design consultant,...
Heron Estates Senior

Housing Trust Group completes new affordable senior housing community in Palm Beach County

Housing Trust Group (HTG), one of the nation’s most prolific developers of affordable housing, announces the completion of Heron Estates Senior, a new 101-unit, $24 million affordable housing community for seniors in the City...

Wood Partners announces grand opening of Alta Frisco Square

Wood Partners, a national leader in multifamily real estate development and acquisition, announced the grand opening of its new community—Alta Frisco Square—in Frisco, Texas. A premier residential community located at 6235 Main Street, Alta Frisco...

Passco Companies acquires 305-unit, class A+ multifamily asset in high-growth Myrtle Beach, South Carolina...

Passco Companies, a privately-held California-based real estate company that specializes in the investment, acquisition, development, and management of commercial properties throughout the U.S., has acquired The Lively at Carolina Forest, a 305-unit, Class A+...
Sunnyvale Saratoga

Levin Johnston directs three multifamily property sales in California Bay Area for a total...

Levin Johnston of Marcus and Millichap, one of the top multifamily brokerage teams in the U.S. specializing in wealth management through commercial real estate investments, has directed three multifamily property sales in the Bay...

Green on 4th ‘G4’ is now leasing studio, one- two- and three bedroom apartments...

Timberland Partners has announced leasing has begun at Green on 4th, aka ‘G4’, the much-anticipated apartment building located in the Prospect Park neighborhood in Minneapolis. Green on 4th features 243 contemporary studio, one, two and three-bedroom apartments,...
Hutto Station

Legacy MCS Announces Build to Rent Community The Village at Hutto Station Near Austin

LEGACY MCS to bring 276-unit Build to Rent Community called the Village at Hutto Station. Legacy MCS is a premier full-service general contractor firm specializing in multi-family pre-construction and construction management. The Village at Hutto...
Harlow

Cushman & Wakefield Arranges Sale of Harlow, Brand New 303-Unit Multifamily Property in Smyrna

Cushman & Wakefield announced the commercial real estate services firm has arranged the sale of Harlow, a brand new 303-unit multifamily community in Atlanta’s Smyrna submarket. Robert Stickel, Alex Brown, Ashlyn Warren, Michael Kay, and...
Verde

Construction Nearing Completion on New 254-Unit Multifamily Tower Verde in San Francisco’s Mission Rock...

Verde, a new 254-unit multifamily development in San Francisco’s Mission Rock neighborhood, has been completed and has now begun leasing. Verde is the second residential tower to be completed at Mission Rock. Designed by award-winning...
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