Sunday, May 5, 2024

Deal boom

Apartment deals, mergers and acquisitions

Aspen Vista

Capital Square Fully Subscribes DST Offering of Multifamily Community in Reno Nevada

Capital Square, one of the nation’s leading sponsors of tax-advantaged real estate investments and an active developer of multifamily communities, announced that its offering, CS1031 Aspen Vista BFR Housing, DST, has been fully subscribed....

Cushman & Wakefield’s arranges $82 million multifamily sale

Cushman & Wakefield has arranged the $82 million sale of Overton Row, a 323-unit apartment community located in Charlotte, North Carolina. Marc Robinson, Jordan McCarley and Watson Bryant of Cushman & Wakefield represented the...

StreetLights Residential announces first Arlington development with groundbreaking at Viridian

StreetLights Residential, a national design-driven developer of multifamily and mixed-use communities based in Dallas, recently broke ground on The Jackson, its first luxury multifamily community in Arlington. The development will be part of Viridian,...
Clearwater Newport Beach

Clearwater Living Opens New Assisted Living and Memory Support Community in Newport Beach

Clearwater Living®, a real estate and property management company dedicated to the ownership, operation and development of high-quality senior living communities, announced today the opening of Clearwater Newport Beach, a 101-unit, luxury assisted living...
Blue Back Square

Mixed-use property in West Hartford sells for $40.5 million

JLL Capital Markets announced that it has closed the $40.5 million sale of Blue Back Square, a dynamic 445,661-square-foot mixed-use property with ground floor retail, best-in-class office and medical office space, along with 48...
Berkshire Stewards Crossing

Multihousing community in Central New Jersey closes

JLL Capital Markets announced that it has closed the sale of Berkshire Stewards Crossing, a 240-unit, luxury, value-add multihousing community in the Princeton submarket of Lawrence Township, New Jersey. JLL marketed the property on behalf...
Blue Oak

MBK Rental Living sells Blue Oak Multifamily Community in California’s Central Coast

MBK Rental Living is delighted to have successfully executed the sale of Blue Oak, a 142-unit Class A luxury apartment and townhome community in Paso Robles, California, to a private Los Angeles owner. The...
3 Warren Street

Griffith Pepdjonovic Group of Marcus & Millichap brokers the $2.3 million sale of suburban...

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of a 15-unit multifamily property located in Stoneham, Massachusetts. The 7,084-square-foot asset...
Tavalo Tradition

Berkadia Arranges $37.5M in Acquisition Financing for Tavalo Tradition

Berkadia announces it has arranged the acquisition financing for Tavalo Tradition, a 216-townhome build-to-rent community located on one of the last developable parcels of land within the Tradition Master Planned Community in Port St....
Metro Parc South

MG Developer Secures $16M Acquisition Loan For Metro Parc South in Hialeah

MG Developer, a residential developer with headquarters in Coral Gables, and currently the most active developer in Hialeah, announces it has secured a $16 million acquisition loan for land in Hialeah to build Metro...
Carter Manor Apartments

Evergreen Real Estate Group acquires affordable housing community in Downtown Cleveland, plans $18 million...

Chicago-based Evergreen Real Estate Group, a leader in the acquisition, development, rehabilitation and management of both affordable and market-rate multifamily housing, today announced it has acquired Carter Manor Apartments in downtown Cleveland. Evergreen plans...
The Mark Huebner Oaks

Institutional Property Advisors brokers 10 Class-A multifamily property sales in San Antonio for $568.45...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of 10 multifamily assets totaling 2,290 units in San Antonio, Texas over 10 weeks. The properties sold for a total of...
Fairview Apartments

Marcus & Millichap closes $27.6 million multifamily asset sale in Suburban Denver

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Fairview Apartments, a 100-unit multifamily asset in Aurora, Colorado. The property...
Park Villa Apartment Homes

Stepp Commercial Group completes $7.165 million sale of a newly renovated 18-unit apartment property...

Stepp Commercial Group, a leading multifamily brokerage firm in the Los Angeles market, has completed the $7.165 million sale of Park Villa Apartment Homes, an 18-unit multifamily property located at 1761 Park Avenue in...
The Hunter

Class A multihousing development in Colorado Springs secures construction financing

JLL Capital Markets announced that it has secured construction financing for The Hunter, a 214-unit, Class A multihousing project located in Colorado Springs’ New South End neighborhood, one of the area’s fastest growing submarkets. JLL...
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