Wednesday, May 8, 2024

Midwest-South region

Midwest-South region includes: Alabama, Arkansas, Kentucky, Louisiana, Mississippi, Oklahoma, Tennessee and Texas.

City Summit

The RADCO Companies announces sale of two multifamily properties in San Antonio, Texas

The RADCO Companies (RADCO), one of the nation’s leading opportunistic real estate developers, announced the sale of a two-building multifamily building portfolio comprised of the City Crest and City Summit apartment communities in San...
Augusta Flats

Newmark brokers sale of newly constructed luxury multifamily asset in San Antonio

Newmark announces it has completed the sale of Augusta Flats, a newly constructed, 260-unit luxury multifamily asset located in downtown San Antonio, Texas. The property traded from private Texas-based real estate development and management firm...
Parkview

Megatel Homes announces close-out of residential townhome development near Dallas

Megatel Homes LLC, one of the largest homebuilders in the state of Texas, announced that the company has closed out the development of Parkview, a 92-lot community in the Dallas suburb of Allen, Texas. “Parkview...
Lenox Overlook

Passco Companies expands Texas portfolio with acquisition of 338-unit luxury apartment community in San...

Passco Companies, a privately held California-based commercial real estate company that specializes in acquisition, development, and property and asset management throughout the U.S., has acquired Lenox Overlook, a newly constructed 338-unit luxury apartment community...
Woodland Terrace

Cushman & Wakefield arranges $20.9 million sale of Arkansas 360 portfolio

Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of five Arkansas multifamily properties that comprise the Arkansas 360 Portfolio—Cottages of Hot Springs, Glen Oaks, Indiandale Manor, Village Meadows,...
Spring Lake Apartments

Levin Johnston directs $39 million apartment community acquisition in Haltom City, Texas

Levin Johnston of Marcus and Millichap, one of the top multifamily brokerage teams in the U.S. specializing in wealth management through commercial real estate investments, has directed the acquisition of Spring Lake Apartments, a...
Miles One 90

Nova Capital secures financing for 389-unit luxury multifamily development in the Dallas-Fort Worth Metroplex

Nova Capital, a Los Angeles-based real estate capital advisory firm, has announced that it successfully arranged equity and debt financing for the development of Miles One 90, a planned 389-unit luxury multifamily property in...
Atlantica at Burleson

The Jacobson Company acquires brand-new 217-unit multifamily community in Fort Worth, Texas suburb

The Jacobson Company, a leading private real estate investment and management company, has successfully completed the off-market acquisition of Atlantica at Burleson, a new Class A multifamily community comprising 217 units in the Fort...
Hartley View

TruAmerica Plans $86 Million Build-for-Rent Development in South Carolina

TruAmerica Multifamily, a national, institutionally-focused multifamily investment firm, acquired a 33-acre site in the Spartanburg, South Carolina market and announced plans to develop Hartley View, an $86-million Build-for-Rent (BFR) community. The land acquisition sets the...

Bright Realty breaks ground on 312 new apartments at The Realm at Castle Hills:...

Bright Realty broke ground this week on Phase II of Discovery at The Realm, a multifamily development in the master-planned The Realm at Castle Hills community. This project is an expansion of the current 423-unit...
The Dylan

Central Dallas apartment complex sold by Institutional Property Advisors

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of The Dylan, an urban apartment complex in Dallas, Texas. “New capital continues to flow into the Dallas/Fort Worth multifamily market at...
Ozark Villas

$16.96 million equity raise secured for Arkansas student housing community

JLL Capital Markets announced that it has arranged $16.96 million in joint venture equity for Ozark Villas, a 670-bed student housing community serving the University of Arkansas (U of A) in Fayetteville, Arkansas. JLL worked...

Rent declines stabilize while Midwest markets outperform

Apartment rent growth is expected to remain stagnant near zero this year, just as it has since August 2023, according to RealPage Analytics. RealPage SVP and Chief Economist Jay Parsons explained that...
Arrington Apartments

Moline Investment Management acquires 156-unit mature LIHTC property

Moline Investment Management , a specialist investment manager focused on the ownership and operation of workforce multifamily assets across the Midwest and Central U.S. has acquired Arrington Apartments, a 156-unit mature LIHTC property in North...
Broadstone McKinney

Castle Lanterra acquires Broadstone McKinney multifamily community in historic downtown McKinney, Texas

Castle Lanterra Properties (CLP), a New York-based national real estate investment firm, today announced the acquisition of Broadstone McKinney, a newly developed 255-unit suburban multifamily community located minutes from bustling Historic Downtown McKinney, Texas....
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