Tuesday, April 23, 2024

Deal boom

Apartment deals, mergers and acquisitions

The Donaldson Group and Declaration Partners acquire 272-unit, off-market apartment community in Silver Spring,...

The Donaldson Group of Rockville, MD and Declaration Partners of New York City have acquired Vista at White Oak Apartments, a 272-unit garden style apartment community located in Silver Spring, MD in an off-market...
The Village at Blenehim Run

Green Street Housing and TM Associates Unveil Affordable Apartment Community Village at Blenheim Run...

Green Street Housing, a Maryland affordable housing developer, and project partners TM Associates Development, Inc., a full-service development and property management for conventional and affordable housing, announce the Grand Opening of Village at Blenheim...
Avalon Tinton Falls

JLL closes sale of Avalon Tinton Falls in Monmouth County

JLL Capital Markets announced that it has closed the sale of Avalon Tinton Falls, a 216-unit, Class A garden-style apartment property in Tinton Falls, Monmouth County, New Jersey. JLL marketed the property exclusively on behalf...

M/I Homes celebrates new townhome model at Woodview in Woodridge, Ill.

M/I Homes, one of the most active builders in the Chicago area, announces it is opening a new decorated townhome model at Woodview, its new community of 51 low-maintenance townhomes off of 63rd Street,...
Willow Creek Apartments

Next Wave acquires 160-unit multifamily community in Prescott, Arizona for $58 million

Next Wave Investors, LLC (Next Wave), a private equity firm focused on value-add multifamily investments, has acquired Willow Creek Apartments, a 160-unit garden-style apartment community in Prescott, Arizona, for $58 million. The firm has been...
Ardmore Cates Creek

Cushman & Wakefield arranges sale of two North Carolina multifamily properties

Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of two North Carolina multifamily communities–Ardmore King’s Grant in Charlotte and Ardmore Cates Creek in Hillsborough. Michael Saclarides, Paul Marley and...

Cushman & Wakefield pepresents Atlantic Housing Foundation in $29.5 million sale of Watermans Crossing...

Cushman & Wakefield, as the exclusive agent, has negotiated the sale of Watermans Crossing, a multifamily community positioned along the Hillsborough River in the Wellswood submarket of Tampa. The 337-unit property sold for $29.5...

Avanath acquires three affordable housing properties totaling 317-units in Chicago and Maryland for $55.05...

Avanath Capital Management, LLC, a private real estate investment manager and Registered Investment Adviser, has purchased three affordable housing communities with a combined total of 317 units in Chicago and Maryland. The assets were...
The Post

PCCP, LLC provides a $75 million loan to Griffis Residential for the acquisition and...

PCCP, LLC has provided a $75 million senior loan to Griffis Residential for the acquisition and repositioning of The Post, a 16-story, 208-unit apartment property located at 888 Western Avenue in downtown Seattle. Situated at...
Altamonte at Spring Valley

Trion Properties rapidly expands Florida Foothold with $49.1 million acquisition of 250-unit luxury multifamily...

Trion Properties, a multifamily investment sponsor and private equity real estate firm based in West Hollywood, California and Miami, Florida, has acquired Altamonte at Spring Valley, a 250-unit luxury multifamily community in Altamonte Springs,...

Cityview announces opening of The Pearl on Wilshire in Koreatown

Cityview, a premier urban multifamily investment management and development firm, today announced the opening of The Pearl on Wilshire, a luxury mixed-use development featuring 346 apartment homes with a blend of studio, one- and...
Zora University

Zora University Kicks Off Leasing at Build-to-Rent Community in Charlotte’s University City

RKW Residential, one of the nation’s fastest-growing multifamily management firms, officially launched leasing at Charlotte’s newest build-to-rent (BTR) community, Zora University in the sought after suburb of University City, North Carolina. The pet friendly...
Everett Avenue Portfolio

Interra Realty brokers sale of 130-unit Chicago multifamily portfolio

Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the sale of a 130-unit mixed-use multifamily portfolio in Chicago’s Hyde Park neighborhood. Comprising three buildings, the portfolio sold for an...

Passco Companies adds third multifamily asset to Texas portfolio this year with acquisition of...

Passco Companies, a privately held California-based commercial real estate company that specializes in acquisition, development, and property and asset management throughout the U.S., has acquired Boterra Bay Apartments in Baytown, Texas. The firm is rebranding...
Infinity at the Rim

Institutional Property Advisors closes Northwest San Antonio multifamily sale

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Infinity at the Rim, a 310-unit, luxury mid-rise multifamily property in San Antonio, Texas. “Infinity at The Rim is an asset...
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