Cushman & Wakefield arranges sale of five multifamily properties totaling $77.1 million
Cushman & Wakefield has arranged the sale of five apartment communities in Montgomery, Alabama, for a total of $77.1 million. Craig Hey and Jimmy Adams of Cushman & Wakefield represented the sellers in the...
Cushman & Wakefield arranges $68.2 million sale of the Eddy at Riverview Landing to...
Cushman & Wakefield has arranged the $68.2 million sale of The Eddy at Riverview Landing, a 310-unit apartment community located in Smyrna, Georgia, part of Metro Atlanta. Robert Stickel, Alex Brown and Ashlyn Warren...
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.
Institutional Property Advisors closes $58.24 million multifamily asset sale in Phoenix
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Villas Los Limones, a 224-unit multifamily asset in Phoenix, Arizona. The $58.24 million sales price represents $260,000 per unit.
“Villas Los...
Transwestern Investment Group sells 464-unit community in Dallas-Fort Worth
Transwestern Investment Group and S2 Capital LLC today announce the sale of The Morgan, a 464-unit multifamily community. Denver-based PaulsCorp LLC (Pauls) acquired the property at 1611 Oak Creek Lane in Bedford, Texas.
“We acquired The...
McShane to Build 320-unit Apartment Community in Phoenix for Milhaus and Banyan Residential
McShane Construction Company was selected by repeat clients Milhaus and Banyan Residential to provide design-assist construction services for Alanna, a new apartment community in Phoenix, Arizona.
“We’re excited to be underway on another project with...
Jefferson Apartment Group and Camden Property Trust team up to develop $100 million downtown...
Jefferson Apartment Group, a leading multifamily developer and operator specializing in premier apartment communities throughout the Eastern U.S., has joined forces with Houston based Camden Property to co-develop the $100 Million 520 East Apartment...
MedCore Acquires Two Senior Living Communities in Detroit, American House Somerset and Hampton Village
MedCore Partners in partnership with REDICO and American House Senior Living has completed the acquisition of two (2) senior living communities located in Troy and Rochester Hills, Michigan within the Detroit MSA. The communities...
Construction delays ongoing as costs are on the rise
Fully 97 percent of apartment developers report experiencing construction delays according to the National Multifamily Housing Council’s (NMHC) Construction Quarterly Survey. Of those experiencing overall delays, 83 percent reported delays in permitting and 93...
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...
The Mogharebi Group Close on $18M 100-Unit Multifamily Community in Sacramento California
The Mogharebi Group has arranged the $17.9 million sale of Rosemont Terrace, a 100-unit garden-style multifamily community in Sacramento, California. Mogharebi Executive Vice President Otto Ozen represented the seller, a Southern California-based private investment...
HUD approves agreement settling housing discrimination complaint against two San Francisco real estate companies
The U.S. Department of Housing and Urban Development (HUD) announced today that it has approved a Voluntary Compliance/Conciliation Agreement settling a complaint filed by a family whose infant has a disability against San Francisco,...
Leasing Launches at The James Multifamily Community in the Greater St. Louis Area
High Street Residential, the residential subsidiary of Trammell Crow Company, launched leasing at The James, a five-story multifamily community in Kirkwood, Missouri.
“The reception to the leasing launch at The James has been exceptional, with...
Financing secured for University of Tennessee student housing community
JLL Capital Markets announced that it has arranged the acquisition financing for 303 Flats, a Class A, 138-unit / 431-bed, mid-rise student housing community located at the University of Tennessee in Knoxville.
JLL represented the...
$51.3 million Uptown Phoenix apartment asset sale negotiated by Institutional Property Advisors
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Madison Grove, a 171-unit multifamily property in Phoenix, Arizona. The $51.3 million sales price equates to $300,000 per unit.
“Surrounded by...
