News

AION Partners, a national real estate owner and operator of workforce multifamily housing, has partnered with Vintage Strategies at Goldman Sachs Alternatives and a global institutional investor to recapitalize the AION 12 Portfolio of...

RealPage announced Friday, December 6 that the U.S. Department of Justice (DOJ) notified them that the DOJ was dropping its criminal investigation of RealPage for its multifamily rental housing pricing practices. The civil suits...

Mill Creek Residential announced it had acquired Modera Newton, a 205-unit mid-rise apartment community located along the Charles River in Newton, Massachusetts approximately nine miles west of downtown Boston. Terms of the acquisition were...

Colliers arranged the $82.2 million sale of Market Street Village Apartments, a 229-unit community located at 699 14th Street in downtown San Diego’s East Village. Represented by Colliers vice chair Kitty Wallace and senior associate...

A 14-unit townhome complex in Escondido traded hands in a recent $7.9 million ($564k/unit) transaction. The extensively renovated property, located at 938 North Fig Street, consists of all large two-story, three-bedroom, two-and-a-half-bathroom homes with...

Berkadia closed the sale and financing of The Marquee Apartments, a 236-unit, garden-style multifamily property in North Hollywood. Senior managing director Tim Leonhard and associate director Jeremy Kanter of Berkadia Dallas and New York, respectively,...

MMG has closed the sale of a 6,375 square foot multifamily community located at 5360 S Elati Street in Littleton, Colorado for the sale price of $1,175,000 or $146,875 per unit. Christian Burgdorf, Austin Smith,...

Leading financial services provider Merchants Capital announced that it secured $19.1 million for the acquisition of Mall West End Revitalization, a 12-acre historic site in Atlanta. that will be converted into a $450 million...

Berkadia announced it has secured a $46.8 million construction loan for The ONE at Millington, a new 360-unit, garden-style multifamily development located in Millington, Tennessee – an area of West Tennessee benefitting from new...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale and financing of 1800 Broadway, a 230-unit, mid-rise multifamily asset in San Antonio, Texas. Drew Garza, IPA senior vice president and Will...

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of 580 NoMi Apartments, a 30-unit multifamily property which sits within the...

Newmark announces it has arranged the sale of The Sterling at Oak Hills, a 330-unit luxury multifamily asset in the South Texas Medical Center (STMC) area of San Antonio. Newmark Multifamily Capital Markets Vice Chairman...

Development of The James, a luxury rental, 350-bed seniors housing project in Irvine, is slated to get underway after just having secured $473 million in tax exempt and taxable bond financing. The project is a...

Aventine Littleton, a 227-unit Class A apartment community in Highlands Ranch, Colorado was acquired by Equity Residential. Located at 2503 Primo Road, the five-building community has a mix of one-, two- and three-bedroom units averaging...

JLL Capital Markets announced that it has secured construction financing and equity placement for Hartwell Ridge, a 168-unit student housing community in Clemson, South Carolina. JLL represented the developer, Fountain Residential Partners, in arranging the...