Deal boom

Apartment deals, mergers and acquisitions

TransUnion + ApartmentJet address short term rental tenant screening challenge

Short-term rentals have caused major disruptions to the apartment industry, sometimes resulting in evictions, lawsuits and even regulatory changes. TransUnion announced it has partnered with ApartmentJet, Inc. to help multifamily property owners and management...

San Fernando Valley apartment complex trades hands at $45 million

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces the sale of Cielo Apartments, a 119-unit multifamily property in Chatsworth, California. The $45 million sales price equates to more than $378,000 per...

Oakwood to open its first property in Osaka summer 2018

Oakwood Worldwide announced the planned opening of Oakwood Hotel & Apartments Shin-Osaka. Scheduled to open this summer, the property will be the first property in Japan outside of Tokyo, and it joins a growing...

Record Tampa Bay area multifamily sale closed by Marcus & Millichap

Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, announced the sale of Lakeside Apartment Homes, a 228-unit apartment asset located in Brandon, Florida....

Multifamily investment opportunity offered exclusively by IPA

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces the exclusive opportunity to acquire Bel Aire Terrace, a 324-unit apartment community in Crestview, Florida. The price is open bid. “Bel Aire Terrace is...

Stiles|Hensler mixed-use development Peabody Union moves forward

Nashville, TN-based Hensler Development Group and South Florida-based Stiles announced today that they will co-develop Peabody Union, a mixed-use, luxury commercial and residential project in Nashville, TN. Peabody Union will establish a new Design...

Meridian Capital Group arranges $3.7 million in financing for a multifamily property in New...

Meridian Capital Group, America’s most active dealmaker, arranged $3.7 million in financing for the refinance of a multifamily property in New Haven, CT. The seven-year, floating-rate loan is swapped at 190 basis points over LIBOR...

$20.5 million buys Tucson value-add multifamily asset

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces the sale of River Oaks Apartments, a 300-unit apartment complex in Tucson, Arizona. The $20.5 million sales price equates to $68,333 per unit. “The...

$110 million multifamily asset in Phoenix sold by IPA

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces the sale of Red Mountain Villas, a 768-unit apartment complex in Phoenix. The $110 million sales price equates to $143,229 per unit. The...

CA Senior Living announces start of construction on 128-unit Atria at River Trail in...

CA Senior Living LLC, the senior housing investment and development division of Chicago-based CA Ventures, today announced construction is underway on Atria at River Trail, a 128-unit senior living community at the corner of...

Multifamily value-add asset sold by IPA

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announces the sale of The Ranch at Fossil Creek, a 274-unit multifamily property in Fort Worth, Texas. “Built in 2002, The Ranch at Fossil Creek...

$34.7 million affordable housing asset sale brokered by Danny Shin and Brock Zylstra

Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, announced the sale of Towne Gate Apartments, a four-story, 288-unit, Section 42 Low Income Housing...

Meridian Capital Group arranges $110 million in financing for the 251DEKALB multifamily property located...

Meridian Capital Group, America’s most active dealmaker, arranged $110 million in balance sheet financing for 251DEKALB, a five-building multifamily apartment complex located in King of Prussia, PA on behalf of a venture sponsored by...
Do NOT follow this link or you will be banned from the site!