Berkadia arranges $86.25 million sale of new luxury apartment community in Suburban Orlando
Berkadia announces it has arranged the sale of Alta East Shore, a brand new, 285-unit, luxury garden-style community in the Orlando area suburb of Apopka.
Managing Directors Brett Moss and Matt Wilcox, and Associate Director...
CBRE arranges sale of apartment community in South Portland, Maine
CBRE announced that it has arranged the sale of Redbank Village and Liberty Commons, a 620-unit townhouse and garden-style apartment community located at 62 MacArthur Circle East in South Portland, Maine, for an undisclosed...
SB Real Estate Partners acquires multifamily community in Las Vegas, Nevada for $73.1 million
SB Real Estate Partners (SBREP) has made its second multifamily investment in the Las Vegas MSA over the past seven weeks with the $73.1 million off-market acquisition of St. Croix Apartments, a 256-unit garden-style...
Westport Properties sells multifamily community in Glendale, Arizona for $30.4 million
Westport Properties, a premier owner/operator of self storage and multifamily properties nationally, announced that it has sold Park 67, a 160-unit multifamily community in Glendale, Arizona under the entity Vertex Glendale, LLC to an...
Berkadia arranges sale of 1,556-unit workforce housing portfolio in Houston
Berkadia announces it has arranged the sale of the Houston value-add multifamily portfolio, a four-property portfolio consisting of 1,556 apartment units in three suburbs of Houston. Managing Directors Joey Rippel, Chris Young and Jeffrey...
Berkadia arranges sale and finance of value-add apartment community in Central Houston
Berkadia announces it has arranged the sale and financing of Turtle Pointe, a 432-unit garden-style multifamily asset located in Houston, Texas. Senior Managing Director Todd Marix and Chris Curry, along with Managing Directors Jeffrey...
Cushman & Wakefield arranges sale of apartment community in Metro Atlanta
Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of IMT Sandy Springs, a 230-unit apartment community located in Sandy Springs, Georgia.
Robert Stickel, Alex Brown and Michael Kay...
Middleburg Communities announces $76.03 million sale of Mosby Carolina Forest in Myrtle Beach, South...
Middleburg Communities, a Vienna, Virginia-based real estate investment, development and management firm announces the $76.03 million sale of Mosby Carolina Forest, a 332-unit Class A apartment community at 915 Brentmoor Drive in Myrtle Beach,...
ECI Group acquires Conyers, Georgia site for development of 300-unit apartment community
ECI Group (ECI) has closed on a development site at the intersection of Courtesy Parkway and Old Covington Highway in Conyers, GA and will start construction in January 2022 on a 300-unit apartment community,...
Economic forecasts show rising inflation concerns
A pair of economic forecasts, one from Fannie Mae and one from the Federal Reserve predict higher inflation ahead and higher interest rates as a result.
Fannie Mae issues a monthly forecast for the economy...
Marcus & Millichap names new Chief Human Resources Officer
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research, and advisory services, announced that Mira Wolff has joined the firm as senior vice president and chief human...
Mid-rise apartment buildings sell for $116.2 million in Williamsburg, Brooklyn
JLL Capital Markets announced that it has closed the $116.2 million sale of 247N7, a 169-unit, 151,766-square-foot, two-building multihousing property located at 247 N. 7th St. in the Williamsburg neighborhood of Brooklyn.
JLL marketed the...
Institutional Property Advisors negotiates $48 million senior resident multifamily asset sale in Central Coastal...
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Villa del Sol, 197-unit, age 55-plus seniors apartment complex in Santa Maria, California. The property sold for $48 million, which...
WPC acquires three College Park, Maryland apartment communities for $14 million
Washington Property Company (WPC) has acquired an 81-unit portfolio comprising three low-rise apartment communities near the University of Maryland-College Park (UMCP) for $14 million.
The seller, JE Smith Corporation, was represented by CBRE’s Bill Roohan,...
Institutional Property Advisors closes North Dallas apartment asset sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Switchyard Apartments, a 234-unit, transit-oriented asset in Downtown Carrollton, Texas.
“Strategically located at the intersection of Interstate 35E and Belt Line...
