Colliers arranges sale of Cooke Mills apartment property in Paterson
In one of Paterson’s highest per-unit-price multifamily sale to date, Colliers International NJ LLC has arranged the trade of Cooke Mills, 19 Market Street in Paterson. The Great Falls Historic District rental property drew...
American Landmark acquires Cabana 99th Apartments in Arizona’s Antique Capital
American Landmark Apartments, one of the fastest-growing multifamily owner-operators in the country, announces it has acquired Cabana 99th, a brand new, 286-unit apartment community located in Glendale, Ariz., just outside the Phoenix metropolitan area....
Interra Realty arranges $2.9 million multifamily sale in Chicago’s Avondale neighborhood
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it arranged the $2.9 million sale of 3124-28 N. Kimball Ave., a 16-unit building in Chicago’s Avondale neighborhood. The price per unit was...
CGI Strategies acquires Hollywood area apartment community for $20.15 million
CGI Strategies has acquired Parkwood Apartments, a 78-unit multifamily community in the Los Feliz neighborhood of Los Angeles for $20.15 million, capping an active 2018 in which the firm was involved in the development...
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...
PCCP, LLC provides $30 million senior loan to Madera Residential for the acquisition of...
PCCP, LLC announced it has provided a $30 million senior loan to Madera Residential for the acquisition of Alexan Southside, a 270-unit Class A multifamily community located at 4139 Bellaire Boulevard in the inner...
Sale of multihousing community in Arizona closes
JLL Capital Markets announced that it has closed the sale of Tempe Metro, a 408-unit, value-add, wrap-style multihousing community in Tempe, Arizona.
JLL marketed the property on behalf of the seller, a joint venture between...
Grand opening at V-Esprit, Denver independent living community in May, following multi-million-dollar renovation
Hillcrest Development Group, LLC, a Denver-based development company, and Pathfinder Partners, LLC, a San Diego-based firm specializing in opportunistic and value-add real estate investments, have completed a $1.6 million renovation and rebranding program at...
Trez Forman Capital Group closes $13.5 million construction loan for multifamily community in Atlanta...
Trez Forman Capital Group completed a $13.5 million construction loan to Greystone Development Partners, LLC. The company plans to develop a 115-unit townhome-style multifamily community with substantial amenities in the Atlanta suburb of Hiram.
For...
Chatham Village Apartments sells for $35.25 million in transaction arranged by Gebroe-Hammer Associates
In Northern New Jersey’s extremely supply-constrained Short Hills Region multifamily investment submarket, Gebroe-Hammer Associates has orchestrated the $35.25M sale of 118 apartment-home units at Chatham Village Apartments in Chatham Township. The firm’s three Executive...
JLL arranges equity for Tysons Corner apartment development
JLL announced today it has arranged joint venture equity for The Hanover Company’s 412-unit apartment development with ground-floor retail in Northern Virginia’s Tysons Corner submarket.
JLL worked on behalf of The Hanover Company to arrange...
Continental Partners secures $34 million in financing for new 144-unit multifamily development in Los...
Continental Partners, a commercial real estate investment banking firm, has successfully arranged a $34 million loan regarding a newly constructed 144-unit multifamily asset in the North Hollywood submarket of Los Angeles, California.
The loan serves...
Institutional Property Advisors brokers Metroplex multifamily sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of The Bowery at Southside, a transit-oriented, 303-unit multifamily property in the South Main Village development in Fort Worth, Texas.
“The Bowery...
Castle Lanterra purchases The Ranch at Bear Creek in Lakewood, CO
Castle Lanterra Properties (CLP) has continued to expand its multifamily portfolio in the Denver metro area with the acquisition of its fourth property in the market within the last 16 months. The New York-based...
JLL arranges sale of 190-unit build-to-rent development site in Tampa MSA
JLL Capital Markets announced that it closed on the sale of GroveParc Townhomes, a 48.08-acre, build-to-rent development site located in Wesley Chapel, Florida (Tampa MSA). With site work complete, the development is approved for...
