Franklin Street arranges sale, financing and insurance for 30-unit multifamily asset in South Florida
Franklin Street has arranged the sale of Jupiter Palms, a 30-unit, 18,872-square-foot multifamily property in Jupiter, Florida, for $5.8 million, or $307.37 per square foot. The property was 100 percent occupied at the time...
Avison Young brokers $40 million sale of 176-Unit apartment property in Las Vegas, Nevada
Avison Young announced the Sauter Multifamily Group, comprised of Principals Patrick Sauter, Art Carll-Tangora, and Steve Nosrat, based in the firm’s Las Vegas office, closed the $40 million sale ($227,272 per unit) of Las...
MassHousing closes on $8.5 million in financing for the final phase of the Woodland...
MassHousing has closed on $8.5 million in affordable housing financing to Dakota Partners, Inc., to support the final phase of development of the Woodland Cove housing community in Wareham. The MassHousing financing for Woodland Cove...
Old Three Hundred Capital secures $47.3 million in acquisition financing for multihousing community in...
JLL Capital Markets announced that it has arranged $47.3 million in acquisition financing and secured the preferred equity for Lantower Alamo Heights, a 312-unit multihousing community located in the Alamo Heights neighborhood of San...
Cushman & Wakefield arranges sale of Paces at the Estates
Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of Paces at the Estates, a 270-unit multifamily property located in Opelika, Alabama. Andrew Brown of Cushman & Wakefield and Brian...
Draper and Kramer acquires luxury rental community Senita on Cave Creek in Phoenix
Draper and Kramer, Incorporated, a national full-service real estate firm, announced it has added to its national portfolio of multifamily properties with the purchase of Senita on Cave Creek, a 15-building, 240-unit luxury rental...
Institutional Property Advisors closes $178 million North Tucson multifamily property sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Hilands, a 826-unit multifamily asset in Tucson, Arizona. The $178 million sales price, which represents $215,496 per unit, is the...
FCP expands multifamily portfolio in Colorado with $55 million acquisition of Heights on Huron...
FCP and joint venture partner Avanti Residential announce the $55 million acquisition of Heights on Huron, a 252-unit garden apartment community at 10648 Huron Street in Northglenn, Colorado. In May 2022, FCP announced its initial...
Fogelman Properties completes acquisition of 201-unit apartment community in Houston, Texas
Fogelman Properties, one of the country’s largest, privately-owned and fully integrated multifamily investment and property management companies, announces the acquisition of The Moorings, a 201-unit apartment waterfront community in Houston, Texas. The Moorings offers newly...
Capital Square acquires multifamily community near Asheville, North Carolina, for DST offering
Capital Square, one of the nation’s leading sponsors of tax-advantaged real estate investments and an active developer of mixed-use multifamily communities, announced the acquisition of Retreat at Arden Farms Apartments, a 312-unit apartment community...
Marcus & Millichap lists and closes 91-unit Los Angeles apartment portfolio
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today that Rick Raymundo and Landy Toledo listed and sold the West Coast Properties...
Institutional Property Advisors closes boutique Mesa multifamily asset sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Craft @ Gilbert & Baseline, a boutique, 104-unit multifamily asset in Mesa, Arizona. The $45 million sales price represents $432,692...
Avanti Residential acquires $181 million Soleste Grand Central apartments in Miami
Denver-based Avanti Residential has acquired Soleste Grand Central, a newly built luxury 360-unit apartment community in downtown Miami. Avanti purchased the Class A multifamily community for $181 million from The Estate Companies, who developed...
Thompson Thrift Residential sells The Retreat in Corpus Christi
Thompson Thrift Residential, a wholly-owned company of Indianapolis-based Thompson Thrift, announced the sale of The Retreat, a 324-unit multifamily community located in The District of Timbergate area of Corpus Christi. A private real estate...
Marcus & Millichap completes multifamily asset sale in Dallas/Fort Worth Metroplex
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Rio Vista, a 246-unit apartment asset in the northeast suburbs of...