RealPage to be acquired by Thoma Bravo
RealPage, Inc., a leading global provider of software and data analytics to the real estate industry, announced it has entered into a definitive agreement to be acquired by Thoma Bravo, a leading private equity...
$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...
Draper and Kramer expands Texas portfolio with purchase of 121-unit Adriatica Senior Living in...
Draper and Kramer, Incorporated, a national real estate services firm, today announced it has added to its national portfolio of multifamily properties with the purchase of Adriatica Senior Living, a 121-unit, amenity-rich rental community...
Institutional Property Advisors brokers Dallas-Fort Worth multifamily sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Dolce Living Home Town, a 316-unit apartment asset in the suburban Fort Worth city of North Richland Hills, Texas. “Dolce Living...
Westmount Realty Capital hires seasoned multifamily veteran Scott Ferguson as senior director
Westmount Realty Capital, LLC is pleased to announce that Scott Ferguson has joined the national real estate investment firm as Senior Director–Multifamily Acquisitions. Ferguson has more than 20 years of experience in multifamily acquisitions,...
Next Wave enters Texas market with acquisition of 73-unit multifamily community
Next Wave Investors, LLC (“Next Wave”) a private equity firm focused on value-add multifamily investments, has entered the Texas market with the acquisition of Shiloh Park Townhomes, a 73-unit multifamily community in Plano, Texas...
Sharpstown Garden Apartments sold to Indus Management
JLL Capital Markets announced that it has closed the sale of the 396-unit Sharpstown Garden Apartments workforce housing property in Southwest Houston. JLL represented the seller, Pryzant Management, to complete the sale to Indus Management. The...
Casey Watts Morgan joins Houston Apartment Association as Chief Executive Officer
Casey Watts Morgan has joined the Houston Apartment Association(HAA), as Chief Executive Officer, replacing recently-retired Jeff Hall, who led the Association for 17 of his 36 years advocating on behalf of rental housing providers...
Institutional Property Advisors closes Dallas-Fort Worth multifamily asset sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of The Grand on Beach, a 304-unit apartment complex in Haltom City, Texas. “The Haltom City-Meacham submarket continues to be one of...
Institutional Property Advisors brokers sale of 1980s-era multifamily asset in Texas
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Heritage Park, a 204-unit apartment asset in Arlington, Texas. “Previous ownership recently completed unit and community upgrades, leaving minimal deferred maintenance...
Willow Ridge apartments purchased by Alfa TX Investment Group
JLL Capital Markets announced that it has closed the sale and acquisition financing for the garden-style Willow Ridge apartments in Southwest Houston. JLL completed the sale for the seller, Sentinel Capital, to the buyer, Alfa...
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...
Institutional Property Advisors brokers Central Dallas-Fort Worth apartment complex sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of The Destino, a 192-unit apartment property in Grand Prairie, Texas. “Dallas-Fort Worth, the nation’s fourth-largest metropolitan area, offers competitive advantages for...
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...
$49.1 million in refinancing secured for the Millennium at Hometown development
JLL Capital Markets announced that it arranged a $49.1 million refinancing for the Millennium at Hometown, a to-be-completed, Class-A, multihousing project comprising 306 apartments and 11,697 square feet of retail located at 6021 Parker...