Morgan Properties Surpasses 100K Units with $501M Midwest Multifamily Acquisition
Morgan Properties, the nation’s largest private owner of multifamily communities, has acquired a portfolio of 3,054 units across 11 assets in eight Midwest states from Trilogy Real Estate Group. This acquisition, valued at $501...
The Roxborough Group and Camden Pacific Partners Close on $81.6M Acquisition of The Union...
Affiliates of The Roxborough Group LLC (“Roxborough”) and Camden Pacific Partners, LLC announce the acquisition of The Union Flats, a 243-unit, BART-adjacent apartment community in Union City, CA.
The property features a mix of junior-one-bedroom, one-bedroom, two-bedroom...
Sale secured for Halstead Tarrytown Multifamily Community in Affluent Westchester County on Behalf of...
JLL Capital Markets announced that it has secured the sale of Halstead Tarrytown, a 300-unit multi-housing community located in Tarrytown, Westchester County, New York.
The JLL Suburban Tri-State Capital Markets represented the seller, The DSF Group...
NewPoint Closes $82M Fannie Mae Loan for Acquisition of Southern California Affordable Housing Community...
NewPoint Real Estate Capital (“NewPoint”) announced the closing of an $82 million Fannie Mae loan to facilitate the acquisition of Park Vista Apartment Homes, a 392-unit garden-style affordable housing community in Anaheim, California. The...
Jim Chapman Construction Group Announces Creekside Cottages Near Auburn University RanchCottagesForRent Brand Expanding College...
Jim Chapman Construction Group (JCCG), a build-to-rent (BTR) general contractor, is excited to announce land development is slated to begin at Creekside Cottages in Opelika, Alabama, near Auburn University. Following the success of BTR...
Lexington Planning Commission Approves Delaware Avenue Mixed-Use Development The Railyard
The Lexington Planning Commission unanimously approved the development plan for The Railyard, a $6 million mixed-use infill project. This initiative aims to revitalize a vacant lot at 1000 Delaware Avenue, transforming the underutilized industrial...
National Developer ZOM Living Secures $28M in Construction Financing and Breaks Ground on Mezzo...
ZOM Living, one of the nation’s premier multifamily development firms, announces securing $38 million in construction financing and commencing construction of the 174-unit Mezzo Desert Ridge, its second luxury residential community to break ground...
Gantry Secures Loans Totaling $59.6M to Acquire Southeast Multifamily Properties
Gantry, the largest independent commercial mortgage banking firm in the U.S., has secured a total of $59.6 million in three loans funding the acquisition of apartment communities located in Florida and Virginia. The three...
High Street Residential Breaks Ground on The Terrace a 300-unit Residential Community in Frederick...
High Street Residential (HSR), the residential subsidiary of Trammell Crow Company(TCC), and JV partner SCOA Real Estate Partners (SREP), have broken ground on The Terrace, a four-story, 300-unit multifamily project in Frederick, Maryland. The project...
Rent growth continues positive in March
Yardi Matrix reported that the national average asking apartment rent was up $5 in March compared to the revised level of the month before at $1,755 per month. The national average year-over-year asking apartment rent...
PPR Capital Management Announces First Build-to-Rent Acquisition Highline at Knoxville
PPR Capital Management (PPR), a private equity real estate investment firm, announced the acquisition of Highline at Knoxville, a newly constructed build-to-rent (BTR) community in Knoxville, TN. This strategic $87 million acquisition encompasses both...
Sheridan Capital Partners and Muchmore Capital (MMC) Have Formed a Partnership called Sheridan MMC...
Sheridan Capital is excited to announce its strategic partnership with Muchmore Capital (MMC) resulting in the formation of Sheridan MMC. Sheridan MMC will specialize in providing comprehensive financing solutions for multifamily, seniors and the...
The Bascom Group Launches New 506(C) Fund Offering Targeting Value-Add & Distressed Apartment Acquisitions
Bascom Value Added Apartment Investors VI, LLC ("Fund VI" or the "Fund"), which is sponsored by The Bascom Group, LLC ("Bascom"), launched a new offering of its securities pursuant to Rule 506(c) under the...
BWE Secures $308M to Refinance Two Trophy Senior Living Communities in Los Angeles and...
BWE, a national commercial and multifamily mortgage banking company, announced that it has successfully arranged $308 million to refinance two trophy senior living communities. Dubbed Project New Horizons, the refinancing was secured for The...
BSR REIT Announces Sale of Bluff Creek Apartments in Oklahoma City for $28.3M
BSR Real Estate Investment Trust ("BSR" or the "REIT") (TSX: HOM.U) (TSX: HOM.UN) announced that it has sold Bluff Creek Apartments in Oklahoma City, Oklahoma for gross proceeds of $28.3 million. Bluff Creek was...
