Vista Investment Group acquires San Francisco-area apartment community for $91 million
Vista Investment Group in partnership with Tokyu Land US Corporation (“TLUS”), a fully-integrated real estate development and investment company, has acquired the Northridge Apartments, a 221-unit garden-style apartment community in the San Francisco East...
JLL arranges financing for Alabama apartment property
JLL Capital Markets announced that it has arranged financing for Arlington Park, a 252-unit, garden-style apartment community in West Mobile, Alabama. JLL worked on behalf of the Dallas-headquartered borrower, Saxony Capital Management, LLC, to secure...
Survey: support for more density in single-family neighborhoods but not for large multifamily buildings
More than three quarters of homeowners across 20 large metro areas agree local governments should do more to keep housing affordable, and most agree that allowing more building would help, according to a new...
$20 million apartment asset in the Okanagan Valley region of British Columbia sold by...
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Lake Country Lofts, a 71-unit apartment property in Lake Country, British Columbia. The property sold for $20 million, which equates...
Franklin Street brokers $3.8 million sale of Normandy Apartments in Pompano Beach, Fla.
Franklin Street brokered the sale of Normandy Apartments, a 30-unit multifamily property in Pompano Beach, Florida. Franklin Street’s Fort Lauderdale team, Dan Dratch, Greg Matus and AJ Stanford represented the seller, Maven Real Estate and...
Marcus & Millichap arranges the sale of Madison on 4th, a 21-unit apartment property...
Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of Madison on 4th, a 21-unit apartment property located in St....
Suburban Dallas/Fort Worth multifamily asset sold by Institutional Property Advisors
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of The Julian at South Pointe, a newly constructed, 225-unit multifamily asset in Mansfield, Texas.The property was built on 9.74 acres...
Contegra Construction Co. completes new off-campus student housing serving Southern Illinois University at Edwardsville
With a 100 percent occupancy, the newly opened student housing complex called “The Reserve” is hugely popular with students at Southern Illinois University-Edwardsville (SIUE). General contractor Contegra Construction Co. completed the 486-bed housing complex developed...
Marcus & Millichap arranges the sale of a 22-unit SW Ocala apartment portfolio
Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of the SW Ocala Portfolio, a 22-unit apartment portfolio located in...
$49.6 million North Mesa multifamily asset sale brokered by Institutional Property Advisors
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Country Club Verandas, a 348-unit multifamily asset in Mesa, Arizona. The property sold for $49.6 million, or $142,529 per unit. “Country...
NMHC and NAA respond to House’s passage of the YIMBY Act
Statement from the National Multifamily Housing Council (NMHC) and National Apartment Association (NAA) on the passage of the Yes in My Backyard (YIMBY) Act (H.R. 4351) by the House of Representatives: NMHC and NAA are...
DLP Real Estate Capital announces $43 million acquisition of 340-unit multifamily apartment community in...
DLP Real Estate Capital is pleased to announce the $43 million acquisition of Wexford Village at Devonshire Apartments, an exceptional multifamily community located in Scott Depot, West Virginia, a thriving submarket of Charleston. The...
Interra Realty brokers pair of multifamily sales totaling $9 million in Chicago’s Rogers Park
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the off-market sales of two multifamily properties in Chicago’s Rogers Park neighborhood for a total of $9 million. 7320 N. Damen...
Marcus & Millichap arranges the sale of a 26-unit apartment building in Tampa
Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of Oakwood Court, a 26-unit apartment property located in Tampa, Fla.,...
Stepp Commercial completes $4.69 million sale of a 14-unit apartment property in Alamitos Beach...
Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the approximately $4.69 million sale of a 14-unit apartment property located 1429 Florida Street in the Alamitos Beach submarket of...
