$106 million sale of multihousing development closes
JLL Capital Markets announced that it has closed the $106 million acquisition of and the $62 million financing for Abberly Riverwalk (formerly known as a Alta Riverwalk), a 304-unit, three-story, apartment community in Nashville,...
Transwestern Development Co. sells 290-unit community in Tempe, Arizona, to Pacific Development
Transwestern Development Co. (TDC) today announces it has sold Vela, a 290-unit luxury multifamily community at 555 N. College Ave. in Tempe, Arizona, to Los Angeles-based Pacific Development Partners. TDC Executive Vice President Ty...
$72.65 million Westside Los Angeles multifamily portfolio sale brokered by Institutional Property Advisors
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of the Westside Collection, an eight-property, 212-unit multifamily portfolio located in the Westside region of Los Angeles County, California. The total...
Jefferson Apartment Group sells Jefferson Lighthouse Place for $55 million closing out the Starwood...
Jefferson Apartment Group, a leading multifamily developer and operator specializing in premier apartment communities throughout the Eastern U.S., announces today the sale of Jefferson Lighthouse Place, a 243-unit luxury apartment community in Pompano Beach,...
Middleburg Communities announces sale of Vesta Camp Creek in Atlanta, Georgia
Middleburg Communities (Middleburg), a Vienna, Virginia-based real estate investment, development, construction, and management firm announces the sale of Vesta Camp Creek, a 220-unit apartment community at 5100 Welcome All Road in Fulton County in...
SB Real Estate Partners acquires Bloom 24 Apartments in Phoenix for $34.2 million
SB Real Estate Partners (SBREP) has acquired Bloom 24, a 114-unit garden style multifamily community in Phoenix, Arizona for $34.2 million.
While recently selling two of its Phoenix properties for nearly $100 million, SBREP remains...
Novare Group, BCDC Announces Opening of Luxury Development Populus Pooler in Savannah
Novare Group and their partners BCDC have completed Populus Pooler, a 316-residence community in Savannah, Georgia.
“Novare Group and BCDC are committed to contributing to the growth and prosperity of Pooler, and the grand opening...
Institutional Property Advisors brokers North Texas multifamily sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Fountains at Steeplechase, a 368-unit multifamily asset in Plano, Texas.
“Located in one of the fastest-growing cities in the country, Fountains...
Prophet Capital sells $88 million note on The Kent House in Williamsburg to Invictus...
JLL Capital Markets announced that it has arranged the sale of an $88 million non-performing loan secured by The Kent House, a new mixed-use building with 96 multihousing units and 31,000 square feet of...
Luxury design/build firm Blue Heron completes numerous housing communities in Southern Nevada
Blue Heron, a Southern Nevada-based design/build firm, announced today it is in the midst of closing out several communities and gearing up to launch others in the Las Vegas valley.
Five of Blue Heron’s innovative,...
Housing Trust Group and Elite Equity Development Break Ground on Naranja Grand, a New...
Housing Trust Group (HTG), a leading multifamily developer, has closed on financing and commenced construction on Naranja Grand, a new $44 million affordable senior community with 120 units in Leisure City, Miami-Dade County, Florida.
Serving...
Kidder Mathews Sells Airway Heights Autumn Leaf Apartment Complex for $3.595M Near Spokane
Max Frame of the Simon and Anderson team, a multifamily investment team at Kidder Mathews, represented the seller in the sale of The Autumn Leaf Furnished Apartments in Airway Heights, Washington in Spokane County...
Pathway to Living celebrates groundbreaking of 116-unit senior housing community in La Grange, Ill.
Pathway to Living, a Chicago-based developer, owner and operator of senior living communities, today announced the start of construction on Aspired Living of La Grange, a 116-unit assisted living and memory care community in...
Legacy Partners announces opening of 208-unit Seattle-area community
Legacy Partners (Legacy), a privately-owned national real estate firm, and Momentum Partners (Momentum) announced today the grand opening of Wellstone at Bridgeport, located at 12535 Bridgeport Way SW in Lakewood, WA. The 208,000-square-foot, four-story...
CONTI acquires Rustic of McKinney Apartments in McKinney, Texas
CONTI Organization, one of North Texas’ largest private multifamily property owner-operators, has acquired Rustic of McKinney, a 260-unit apartment complex located at 2700 N Brook Drive in McKinney, Texas. This acquisition, CONTI’s 44th in...
