Jim Humphries joins JLL Capital Markets’ SFR team
JLL Capital Markets announced that Jim Humphries has joined the firm’s Single-Family Rental (SFR) team as a Director sitting in the Houston office. Humphries will focus on SFR and build-to-rent (BTR) investment sales nationally and will...
Cushman & Wakefield arranges sale of Uptown Terrace
Cushman & Wakefield has arranged the sale of Uptown Terrace, a 260-unit multifamily community located in Rogers, Arkansas. Martin Bynum and Craig Hey of Cushman & Wakefield represented the seller, SC Bodner Company, Inc....
$47 million financing arranged for newly built St. Louis apartment building
JLL Capital Markets announced that it has arranged a $47 million loan to refinance Marlowe, a newly built, 205-unit, Class A multihousing community located in the Central West End neighborhood of St. Louis, Missouri. JLL...
Forman Capital provides construction financing for Townhome Rental Project in Austin Market
Forman Capital, a private direct real estate lender based in Palm Beach County, Florida, funded a $19.496 million construction loan and preferred equity investment for a 64-unit townhome rental project in Taylor, Texas—part of...
West Shore acquires Atlas Bluewood Apartments in Dallas-Fort Worth market
West Shore, a fully integrated real estate investment firm with a specific focus on the acquisition and management of multifamily assets, announced its acquisition of The Livano at Bluewood, located north of Dallas in...
Newmark facilitates sale of 336-unit value-add multifamily community in Austin’s Silicon Hills
Newmark announces it has completed the sale of Autumn Ranch on Swenson Farms, a 336-unit value-add multifamily asset located in Pflugerville, Texas, in Austin’s Silicon Hills. Newmark Vice Chairman Patton Jones and Managing Director Andrew...
Newmark arranges sale and financing of 612-unit asset in San Antonio, Texas
Newmark announces it has arranged the sale and financing of Signature Ridge, a 612-unit multifamily asset in San Antonio, Texas, adjacent to the South Texas Medical Center. Newmark Vice Chairman Patton Jones, Executive Managing Director Matt Michelson and Managing...
Sale of student housing community near University of Houston closes
JLL Capital Markets announced that it closed the sale of Vue on MacGregor, a 117-unit / 347-bed student housing community near the University of Houston, the third largest university in Texas. JLL worked on behalf...
Eagle Property Capital (EPC) announces disposition of multifamily asset in Dallas-Fort Worth Market
Eagle Property Capital Investments, LLC (EPC), a vertically integrated real estate investment manager focused on the value-add multifamily space, announced the disposition of Colinas Ranch Apartments, a 160-unit apartment community, located in Irving northwest of...
Magma Equities and Macquarie Asset Management acquire 285-unit apartment community in Arlington, Texas
Magma Equities and a global real estate fund managed by Macquarie Asset Management has acquired Bardin Greene, a 285-unit garden style multifamily property in the Dallas-Fort Worth Metro city of Arlington, Texas from Moody...
Institutional Property Advisors brokers apartment asset sale in Fort Worth
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of 4000 Hulen, a 240-unit apartment asset in Fort Worth, Texas. “Built in 2015, the property performed exceptionally well over the past...
Sale of northwest Austin multihousing community closes
JLL Capital Markets announced that it has arranged the sale of Caliza, a 270-unit, Class A, garden-style apartment community in the northwest Austin suburb of Cedar Park, Texas. JLL worked on behalf of the seller,...
The Multifamily Group facilitates the sale of The Broadmoor Retirement Community in Tulsa, Oklahoma
The Multifamily Group (TMG), a commercial real estate brokerage firm based in Dallas, has announced this week the sale of The Broadmoor Retirement Community, a 124-unit, 55+ independent living community in Tulsa, Oklahoma. Casey Litsey...
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...
Cap rate expansion likely to continue but may peak later in 2023
Capitalization rate expansion is likely to continue in the short-term for most real estate asset types, but could peak later this year and should decrease in 2024 as the end of the Federal Reserve’s...
