Continental Realty Group & MLG Capital acquire Durango multifamily property
Continental Realty Group, through its subsidiary Continental Realty Assets, Ltd. (CRA), a Denver-based multifamily owner and operator, in partnership with Milwaukee-based MLG Capital, is pleased to announce the purchase of the 112-unit Skyline Apartments...
Capital Square acquires Class A multifamily community in Richmond, Virginia for DST offering
Capital Square, one of the nation’s leading sponsors of tax-advantaged real estate investments and an active developer of multifamily communities, announced the acquisition of Tapestry West, a 262-unit Class A multifamily community in Richmond,...
PCCP, LLC provides $72.7 million senior loan for the acquisition and renovation of a...
PCCP, LLC has provided a $72.7 million senior loan to Rose Valley Capital, an affiliate of Hampshire Properties, for the acquisition and renovation of Carlyle at Bartram Park, a 336-unit apartment community located at...
Construction materials price gains accelerate
The August producer price index (PPI) report from the Bureau of Labor Statistics (BLS) stated that construction materials prices were up 0.4 percent in the month, seasonally adjusted. The index was 15.2 percent higher...
$24.64 acquisition financing arranged for California multihousing community
JLL Capital Markets announced that it has arranged the $24.64 million acquisition financing for Stonegate Riverside, a 160-unit, 1987 vintage, value-add, garden-style multihousing community in Riverside, California.
JLL represented the borrower, Universe Holdings, to secure the...
Monument Capital Management acquires its eighth multifamily community in the Minneapolis area
Monument Capital Management, an A-Rod Corp company and one of the country’s premier fully integrated real estate investment firms, announces it has acquired Talus, a 192-unit multifamily community in Plymouth, MN, just west of...
Building the future
Inspiring the next generation to continue the work of supplying the nation with housing is central to the long term health of the home building industry. One step that the National Association of Home...
DLP Capital and ORP Investments acquire mixed-use multifamily community in heart of thriving Houston...
DLP Capital, a private real estate investment and financial services firm, announced that it has purchased a Houston-area multifamily property, Elan Memorial Park, in partnership with Texas-based ORP Investments Inc. The mixed-use property, with...
CBRE arranges $26.7 million sale of 120-unit garden style apartment community in Worcester, Mass....
CBRE announced that it has arranged the $26.7 million sale of ReNew Tatnuck Square, a 120-unit garden style apartment community located at 13 Brookside Avenue in Worcester, Mass.
CBRE Capital Markets’ multihousing experts Simon Butler,...
Lynd-Topaz joint venture sells Jacksonville apartment community for $66 million
Lynd Acquisitions Group (LAG), a division of the Lynd Group, and its JV partner Topaz Capital, sold a 444-unit value-add multifamily asset in Jacksonville for $66 million just three years after acquiring it for...
Marcus & Millichap arranges the $32.25 million sale of a two-property multifamily portfolio in...
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of a two-property multifamily portfolio in Decatur, Georgia. The properties, Austin Estates...
ABI Multifamily brokers 42-unit East Mesa townhome rental community for $20 million
ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $20,000,000 / $476,190 Per Unit / $337.72 per square foot sale of Casa Sole Vita...
Sale of Clemson University student housing portfolio closes
JLL Capital Markets announced that it has closed the sale of the two-property, 382-bed / 146-unit, value-add student housing portfolio at Clemson University in South Carolina, consisting of The Enclave in Town and The...
Institutional Property Advisors brokers suburban Tacoma multifamily asset sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of the Pointe East Apartment Homes, a 124-unit multifamily asset in Fife, Washington. The property traded for $31.75 million, which equates...
Berkadia arranges $66 million sale and financing of Jacksonville, Florida apartment community
Berkadia announces it has arranged the sale and financing of Topaz Villas, a 444-unit multifamily community in Jacksonville, Florida. Director Greg Rainey of Berkadia Jacksonville, along with his team, arranged the sale on behalf...
