FCP acquires Avery Townhomes in Atlanta for $32 million
FCP announces the acquisition of Avery Townhomes in the Atlanta submarket of College Park, GA for $32 million. The 220-unit apartment community at 2609 Charlestown Drive features close proximity to south Atlanta’s largest employment centers,...
HFF arranges $171.2M financing for North Harbor Tower in Chicago’s Lakeshore East
Holliday Fenoglio Fowler, L.P. (HFF) announces that it has arranged $171.2 million in financing for North Harbor Tower, a 600-unit, high-rise apartment building in Chicago’s Lakeshore East neighborhood.
HFF worked on behalf of the borrower,...
$53.9M in Financing Secured for The Nell in Dunellen New Jersey
Prism Capital Partners has secured $53.9 million in fixed-rate financing for The Nell, the firm’s mixed-use redevelopment of the former Art Color industrial facility in Dunellen. KeyBank Real Estate Capital, which represented Prism via...
North County San Diego apartment asset trades at $19.5 million
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Villa Capri, a 98-unit multifamily property in Escondido, California. The sales price is $19.5 million.
“The property is a well-maintained apartment...
Interra Realty brokers $17 million deconversion sale in Evanston, Illinois
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the $17 million deconversion sale of 2730-66 Hampton Parkway, a 91-unit multifamily building near Northwestern University in Evanston, Ill. The property...
Interra Realty brokers $2.66 million sale of multifamily property on Chicago’s West Side
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the sale of a 35-unit multifamily property in Chicago’s Austin neighborhood for $2.66 million. The property, 5550 W. North Ave., traded...
Cushman & Wakefield arranges $29.3 million sale of 228-unit apartment community
Cushman & Wakefield announced that the real estate services firm has arranged the sale of The Park at Via Roma, a 228-unit apartment community located in Daytona Beach, Florida. The final sale price was...
Interra Realty Brokers $4.1 Million Sale of Mixed-Use Multifamily Building in Chicago
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the $4.1 million sale of a 35-unit mixed-use multifamily building in Chicago’s West Ridge neighborhood. The transaction equated to $117,142 per...
CBRE Completes Two Apartment Sales in Anaheim California for $5.5M
CBRE announced the sale of two multifamily rental communities totaling 20 units for over $5.5 million in Anaheim, California to two separate buyers.
In the first transaction, CBRE’s Executive Vice President Dan Blackwell, Senior...
MIG Real Estate Acquires Waterleaf, a 456-Residence Apartment Community in San Diego County
MIG Real Estate LLC, a real estate investment company with assets across the Western U.S. and Sun Belt states, announced the acquisition of Waterleaf, a 456-unit apartment complex in Vista, California.
“MIG is excited for...
Tower 16 Capital Partners sells Altura on Tropicana Apartments in Las Vegas, Nevada
San Diego-based Tower 16 Capital Partners has successfully sold Altura on Tropicana, a 512-unit multifamily project in Las Vegas, after an 18 month hold period. Tower 16 had originally purchased the property for $50...
DLP Real Estate Capital announces acquisition of Willow Trace Apartment Community in Shreveport, LA
DLP Real Estate Capital has announced its latest acquisition of Willow Trace, a multifamily property in Shreveport, LA. The property consists of 192 units, includes one- and two-bedrooms, and offers seven floorplan options. The...
Quarterra Announces Leasing is Underway for the 224-unit Kindred Apartments in Denver’s Golden Triangle
Charlotte, North Carolina-based multifamily developer and operator Quarterra is expanding its Denver footprint with its 11th property in the city and second in the Golden Triangle neighborhood, Kindred Apartments, which opened for leasing earlier...
The Mogharebi Group brokers $41.25 million sale of 118-unit senior housing portfolio in San...
The Mogharebi Group (TMG), on behalf of ROEM Development, has arranged the $41.25 million sale of a two-property, 118-unit senior affordable housing portfolio in San Jose, Calif.
Built in 2001 and 2003 by ROEM, Monte...
Capital Square acquires two-property multifamily portfolio in Asheville, North Carolina for DST Offering
Capital Square, one of the nation’s leading sponsors of tax-advantaged real estate investments and a developer of mixed-use multifamily communities, today announced the acquisition of Asheville NC Apartment Portfolio, a two-property multifamily portfolio comprised...