Wednesday, November 27, 2024

Deal boom

Apartment deals, mergers and acquisitions

Kent Village

Peabody Properties Continues Expansion of Portfolio with Kent Village in Scituate Massachusetts

Peabody Properties, an affiliate of The Peabody Companies, a group of award-winning property management and real estate firms headquartered in Braintree, Massachusetts, continues to expand its portfolio of managed communities with the addition of...
Western Wealth

Western Wealth Capital Announces New Investor Partner, Recapitalization of Diverse Portfolio of 11 Multifamily...

Western Wealth Capital (“WWC”), a real estate investment company, announced a new partnership with StepStone Group Real Estate LP (“SRE”), a subsidiary of StepStone Group Inc., a global private markets investment firm, initiated by...
Wilshire Boulevard

Jamison and Arc Capital Partners to Convert 13-Story Office Building at 3325 Wilshire Boulevard...

Jamison and new joint venture partner Arc Capital Partners have started the conversion of a 13-story, 233,000-square-foot office building at 3325 Wilshire Boulevard in Los Angeles into a mixed-use development with 236 multifamily units...
Maple Block Flats

Merchants Capital Provides $66M+ for Maple Block Flats Workforce Housing in North Michigan Resort...

Leading financial services provider Merchants Capital announced more than $66.3 million in total financing for the new construction of Maple Block Flats, a 204-unit workforce housing project in Petoskey, Michigan, a growing vacation destination. Merchants...
Venetian at Capri Isles

MLG Capital Acquires Florida Multifamily Asset Venetian at Capri Isles Near Sarasota

MLG Capital – a national leader in private real estate investments – announced its acquisition of Venetian at Capri Isles, located at 1050 Capri Isles Boulevard, Venice, Florida. The 180-unit property was acquired under MLG’s...
Element 12 at Cadence

PCCP, LLC Provides $66M Senior Loan to Sunroad Enterprises for the Acquisition of Element...

PCCP, LLC announced it has provided a $66 million senior loan to Sunroad Enterprises for the acquisition and lease-up of Element 12 at Cadence. The financing was arranged by JLL Capital Markets. Element 12 at...
The Avery

Avanti Residential and Centennial State Capital Partner to Acquire The Avery in Orlando

Avanti Residential, a nationwide multifamily investor and operator, and partner Centennial State Capital, are pleased to announce the acquisition of The Avery, a premier apartment community located in Orlando, Florida. The Avery, a 200-unit community...
Vendor Nexus

Stellar Joins Property Meld’s Vendor Nexus to Expand Visibility and Transparency for Property Managers...

Property Meld, a leader in property maintenance operations, is excited to announce that Stellar, one of the nation's top maintenance service providers, will join its Vendor Nexus platform. This collaboration will bring greater visibility...
The Blake at Waco

Berkadia Completes Seniors Housing Property Sale The Blake at Waco in Texas

Berkadia announced the sale of The Blake at Waco, a resort-style, 112-unit assisted living and memory care community in Waco, Texas. Berkadia Seniors Housing & Healthcare, led by Managing Directors Cody Tremper, Mike Garbers, Dave...
Southstead Apartments

LEDG Capital Completes $12M Renovation of 244 Units at Southstead Apartments Affordable Community in...

LEDG Capital, a private company dedicated to the preservation and creation of affordable housing, announced the completion of a $12 million project to modernize 244 apartments at two multifamily communities in Lubbock, delivering new...
Louisville Multifamily Portfolio

Commercial Kentucky & Cushman & Wakefield Broker Sale of Five-Property Louisville Multifamily Portfolio

Cushman & Wakefield | Commercial Kentucky and Cushman & Wakefield announced that they have arranged the sale of a five-property Louisville multifamily portfolio totaling 1,460 units in Kentucky. The portfolio sold includes Boulder Creek Apartments,...
Mira Raleigh

Spandrel Development Expands Southeast Presence with Two Carolina Developments, Mira Raleigh and Enclave at...

Spandrel Development Partners announces the opening of two new luxury apartment communities in North Carolina: the Enclave at Radius Dilworth in Charlotte and Mira Raleigh in Raleigh. “We are excited to continue to grow our...
Flexible Living Platform

Landing Doubles Down on Flexible Living Platform for Multifamily Owners and Fills More Than...

Landing, the company behind the first membership for flexible apartment living, announced major momentum across its flexible living platform. The full-service offering provides a turnkey program for multifamily owners to drive revenue, serving the...
St. James Terrace

Governor Hochul Announces Completion of 102-Unit Affordable Housing Development St. James Terrace in the...

Governor Kathy Hochul today announced the completion of St. James Terrace, a new $64 million development adjacent to the historic St. James Episcopal Church with 102 affordable apartments, including 51 with on-site supportive services...
Elan LoSo

Greystar Announces Elan LoSo is Now Welcoming Residents in Charlotte

Greystar, a global leader in the investment, development, and management of real estate, announced that Elan LoSo is now open and welcoming its first residents. Greystar worked with KTGY Architecture and Planning on Elan LoSo....
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