The Multifamily Group brokers 32 units in Mount Pleasant, Texas
The Multifamily Group (TMG), a Dallas-based commercial real estate brokerage firm, announced this week it had facilitated Pine Ridge's sale in Mount Pleasant. Advisor Yonnic Land represented the seller and procured the buyer. "The seller...
TruAmerica Multifamily acquires apartment communities in Phoenix and Nashville for $196 million
TruAmerica Multifamily has added nearly 1,000 apartment homes to its national multifamily portfolio after closing on two garden-style communities in Nashville, Tennessee and Phoenix, Arizona, in separate transactions totaling $196 million. TruAmerica continues its focused...
Cushman & Wakefield arranges sale on behalf of Canyon View Capital
Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of Country Meadows and Cottages of Fort Smith, two apartment communities located in Arkansas. Martin Bynum and Craig Hey of...
Houston seniors housing community sold, $21.3 million financing arranged
JLL Capital Markets announced it closed the sale and arranged a $21.3 million financing for The Shores at Clear Lake, a 100-unit senior living community in Houston, Texas. JLL worked on behalf of the seller,...
Berkadia arranges $33.9 million bridge loan for Class A apartments in San Antonio
Berkadia announces it has arranged $33.9 million in bridge financing for the recapitalization of Timberhill Commons, a 340-unit multifamily community in San Antonio. Senior Managing Director Charles Foschini of Berkadia Miami secured the loan...
Preferred equity arranged for two multihousing properties in San Antonio
JLL Capital Markets announced it has arranged a $11.5 million preferred equity for the Park West Apartments and Parliament Bend Apartments, two contiguous multihousing complexes in the Churchill submarket of San Antonio, Texas. JLL worked...
Comunidad Partners acquires 206-unit affordable multifamily asset in East Fort Worth, Texas
Comunidad Partners, a minority and women-owned real estate investment firm that specializes in workforce / affordable housing communities in culturally diverse neighborhoods, has recently acquired Metro 7000, a 206-unit affordable housing community in Fort...
Dominium announces successful closing of Lakeside Pointe
Dominium, a leading affordable housing owner, developer and manager, announced today that it has acquired Tranquility Bay located in Pearland, Texas. The property, which is being renamed Lakeside Pointe, is a 274-unit mixed income...
Ryan Companies welcomes Jared Kuhn as Senior Vice President and Sector Leader of Multifamily
Ryan Companies US, Inc.; a national developer, designer, builder and property manager offering full-service commercial real estate solutions; announced the appointment of Jared Kuhn as senior vice president and sector leader of multifamily. This...
The Multifamily Group brokers 144-units in White Settlement, Texas
The Multifamily Group (TMG), a Dallas-based commercial real estate brokerage firm, announced this week it had facilitated Sky Landing Apartments’ sale in White Settlement, Texas. Managing Partner Jon Krebbs represented the seller and procured...
American Landmark acquires 240-unit multifamily community north of Houston
American Landmark Apartments, one of the fastest-growing multifamily owner-operators in the country, announces it has acquired Pine Creek Ranch, a 240-unit multifamily community in The Woodlands community just north of Houston. The property will...
Institutional Property Advisors brokered four Class A multifamily asset sales in San Antonio for...
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of four multifamily properties totaling 1,267 units in San Antonio, Texas in the first quarter of 2021. The assets sold for...
Cushman & Wakefield arranges $49.5 million sale on behalf of BSR Real Estate Investment...
Cushman & Wakefield announced that the commercial real estate services firm has arranged the $49.5 million sale of Mountain Ranch, a 360-unit apartment community built in 2009 and located in Fayetteville, Arkansas. Martin Bynum and...
IMG pays $33 million for 228-unit multifamily community in San Antonio, Texas
Investors Management Group ("IMG"), a California-based real estate investment company, has acquired Encore281 Apartments, a 228-unit community built in 2015 and located in North San Antonio for $33 million, or approximately $144,737 per unit. The...
Institutional Property Advisors brokers apartment building sale in Fort Worth’s Magnolia Urban Village
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Mag & May, a 240-unit apartment property in the Magnolia Urban Village community of Fort Worth, Texas. “Mag & May’s high...