Cushman & Wakefield arranges multifamily sale on behalf of White Eagle Property Group
Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of 1700 Place, a 214-unit apartment community located in Charlotte, North Carolina. Brooks Colquitt, Jordan McCarley and Marc Robinson...
Tucson apartment asset sale closed by Institutional Property Advisors
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Sundown Village, a 330-unit multifamily property in Tucson, Arizona. The asset sold for $54.45 million, or $165,000 per unit.
“In 2020,...
Sterling Real Estate Partners completes sale of luxury, lakefront community in Cedar Park
An affiliate of Sterling Real Estate Partners announces the sale of Muir Lake Luxury Apartments, a Class A, resort-style residential community developed by the local iconic developer, Larry Peel, in the Northwest Austin, Texas...
Refinancing secured for FalconView Apartments in Colorado Springs
JLL Capital Markets announced it arranged a $61 million refinancing for the FalconView Apartments, a Class A, garden-style multihousing property in Colorado Springs, Colorado.
JLL worked on behalf of the borrower, Etkin Johnson Real Estate...
350-unit apartment asset sale in Stamford Connecticut brokered by Institutional Property Advisors
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Hoyt Bedford, a 350-unit apartment complex in Stamford, Connecticut.
“Hoyt Bedford is a 100 percent market-rate, legacy asset located on the edge...
Marcus & Millichap promotes Tampa agent Ned Roberts, CCIM to first vice president investments
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced that Ned Roberts, CCIM of the firm’s Tampa office has been promoted to First...
IMG expands San Antonio portfolio to nearly 800 apartment units
Investors Management Group ("IMG"), a California-based real estate sponsor and operator, has acquired Azul Apartments, a 246-unit community built in 2007 and located in Northwest San Antonio for an undisclosed price.
IMG now owns 798...
$42.84 million acquisition financing secured for Lola Apartments in Tampa
JLL Capital Markets announced it secured a $42.84 million acquisition financing for Lola Apartments, a Class A multihousing property located in Riverview, a suburb in the southeast area of Tampa, Florida.
JLL worked on behalf...
Court keeps CDC eviction moratorium in place
On June 2, a ruling by a three judge panel of the U.S. Court of Appeals for the D.C. Circuit effectively kept the Centers for Disease Control’s (CDC) nationwide eviction moratorium in place despite...
Power Hitters with Margaret Allen
Yield PRO TV presents NAHB Power Hitters. Host Linda Hoffman talks with Margaret Allen, CEO of AGM Financial Services, Inc.
CoStar reports rising multifamily property prices
A recent report from CoStar indicates that multifamily property prices are maintaining steady growth on a year-over-year basis.
Defining the indices
The CoStar report focuses on a relative measure of property prices called the CoStar Commercial...
Comunidad Partners acquires 304-unit multifamily asset in North Fulton submarket of Atlanta, Georgia
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 Oaks at Holcomb Bridge, a 304-unit multifamily housing community...
$11.85 million sale completed for The Annex of New Albany in Southeast Indiana
JLL Capital Markets announced it closed the $11.85 million sale of The Annex of New Albany, a garden-style multihousing property located in New Albany, Indiana, a suburb situated near the state’s border and just...
CGI+ sells luxury multifamily property in Orlando, Florida for $74.5 million
CGI+ Real Estate Investment Strategies (“CGI+”) has sold Astoria at Celebration, a 306-unit luxury multifamily community in Celebration, Florida to Versity Investments for $74.5 Million.
Originally completed in 2016, the property, which was then known...
Apartments adjacent to the Normandale Office Park sell for $16.45 million
JLL Capital Markets announced it closed the $16.45 million sale of Normandale Lake Estates, a 105-unit multihousing property located in Bloomington, Minnesota.
JLL worked on behalf of the seller, Normandale Lake, LLC, to complete the...
