Saturday, May 18, 2024

Deal boom

Apartment deals, mergers and acquisitions

The Harlow

Mast Capital Launches Pre-Leasing for The Harlow Multifamily Development in Tampa’s Wesley Chapel

Florida premier real estate development and investment firm Mast Capital announced the commencement of pre-leasing for The Harlow, a new rental apartment community in Tampa’s Wesley Chapel. The Harlow is a luxury residential community will...
The Ivy at Draper

Institutional Property Advisors completes Salt Lake City 55-plus senior housing community sale

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of The Ivy at Draper, a 277-unit, 55-plus active senior housing community in Draper, Utah. “Draper City’s prestigious location at the Point...
The Whitley Apartments

IMG announces South Carolina portfolio expansion

Investors Management Group, Inc. (IMG) has expanded its South Carolina multifamily portfolio with the acquisition of The Whitley Apartments in the city of Central. Over the past year, IMG has sponsored the acquisition of...

Affordability extended at Reading Housing Community for Seniors and Disabled Residents resulting from $10.2...

Senior citizens and disabled residents living at the 74-unit Peter Sanborn Place in Reading will have their affordable rents extended for at least 24 years and will see property improvements as a result of...
Poplar Place

Waitlist Now Open at Poplar Place, Newly Renovated Affordable Housing Community in Springfield Illinois

Related Midwest, one of the region’s leading developers of affordable housing, announced the waitlist for affordable apartments at Poplar Place, a 100-unit affordable family apartment community in Springfield, Illinois is currently open and renovated...
University Apartments

Magma Equities acquires 199-unit apartment community in Raleigh, NC

Multifamily investment firm Magma Equities has made its third investment in the Raleigh-Durham MSA this year, with the off-market acquisition of a 199-unit garden style apartment community in downtown Raleigh, NC. University Apartments is located...
Fields Waterford Point

Fogelman Partnership completes acquisition of 334-unit multifamily community in Atlanta

Fogelman Properties, one of the country’s largest, privately-owned and fully integrated multifamily investment and property management companies, is pleased to announce the acquisition of Fields Waterford Point, a 334-unit multifamily community located in Lithia...
The Everstead at Windrose

Landmark Properties Announces Leasing has Begun for The Everstead at Windrose BTR Near Houston

Leasing is ongoing at Landmark Properties newest build-for-rent multifamily project The Everstead at Windrose in Klein, Texas within the Houston MSA. Residents will enjoy brand new, pet-friendly residences that provide the ultimate combination of chic spaces,...
Canopy at South Lakes

Institutional Property Advisors closes multifamily asset sale in Dallas-Fort Worth

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Canopy at South Lakes, a 240-unit apartment property in Denton, Texas. “Denton’s population grew 3.4 percent in the past year and...
Lotus Village

Berkadia secures bridge financing for 222-unit community in Austin, Texas

Berkadia announces it has arranged bridge financing for the acquisition of Lotus Village, a 222-unit apartment community in Austin, Texas. Managing Director Brad Williamson of Berkadia Miami secured the financing on behalf of a...
The Independent

Multihousing asset in coastal California secures $13.1 million in financing

JLL Capital Markets announced that it has closed the $13.1 million acquisition financing for The Independent, a Class A, 61-unit multihousing asset located in Sand City, California within Monterey County. JLL marketed the property on...
17 South Apartments

West Shore expands into Charleston market with acquisition of premier multifamily asset

West Shore LLC, a multifamily real estate investment firm, has purchased 17 South Apartments in Charleston, South Carolina. Ramping up a strategic expansion effort, 17 South Apartments is the firm’s first investment in Charleston...
Hotel Conversion

Parkview Financial provides $28.5 million loan for hotel conversion project to feature 351 apartment...

Parkview Financial announced it has provided a $28.5 million loan to CS-ICM 5, LLC for the conversion of a former 436-key hotel and resort property into a 351-unit apartment complex with retail and restaurant...
Phoenix Place

Global Real Estate Advisors Announces Sale of Phoenix Place Townhomes for Nearly $14M

Global Real Estate Advisors (GREA), a full-service real estate advisory firm specializing in multifamily acquisitions and dispositions, announces the $13,875,000 sale of Phoenix Place Townhomes in East Point, Georgia. GREA represented the seller in the...
Overlook at Anaheim Hills

Avanath Capital Management acquires 261-unit senior housing community in Anaheim Hills, Calif. for $87.5...

Avanath Capital Management, LLC, a private real estate investment manager and Registered Investment Adviser, has acquired its second senior housing community in Orange County in less than 90 days, Overlook at Anaheim Hills in...
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