Thursday, May 1, 2025

Deal boom

Apartment deals, mergers and acquisitions

Bakers Place

$73.8 million in construction financing secured for Bakers Place in Madison

JLL Capital Markets announced that it has arranged the $73.83 million construction financing for Bakers Place, a 206-unit, mass timber, luxury apartment project in Madison, Wisconsin. JLL worked on behalf of the borrower, a partnership...
Mabel Exchange

Kiser Group closes Edgewater mixed-use building for $9.2 million

Kiser Group, Chicagoland’s leading mid-market multifamily brokerage, announces the closing of a 52-unit mixed-use property located in the Edgewater neighborhood of Chicago. Directors Andy Friedman and Jake Parker, along with Managing Broker Lee Kiser...
298 Mulberry St

Broad Street Development and a real estate fund advised by Crow Holdings Capital partnership...

JLL Capital Markets announced the $114.9 million sale of 298 Mulberry St., a 96-unit, market-rate, mixed-use rental apartment property on the corner of East Houston and Mulberry Streets in the Noho neighborhood of Manhattan. JLL...
Edgewater Apartments

Berkadia arranges sale of value-add, Class A garden-style multifamily community in Houston Metro

Berkadia announces it has arranged the sale of Edgewater Apartments, a 228-unit, Class A garden-style multifamily apartment community located in Lake Jackson, Texas, a highly livable suburb of Houston. Senior Managing Directors Chris Curry and...
French Quarter Apartments

Franklin Street arranges $10.8 million sale of value-add multifamily property in Tampa, Florida

Franklin Street has arranged the sale of French Quarter Apartments, a 57-unit, 50,585-square-foot multifamily community in Tampa, for $10.75 million, equating to $188,596 per unit. Franklin Street’s Tampa Multifamily Investment Sales Team of Avery Jordan,...
Versol in Bonita Springs

The Praedium Group acquires Versol in Bonita Springs, Fla.

The Praedium Group (Praedium), a national real estate investment firm, announced the acquisition of Versol, a 240-unit suburban multifamily property in Bonita Springs, Fla. located between the growing Naples and Fort Myers markets. Chris Hughes, Principal...
Venture on 19th

ABI Multifamily brokers 41-unit West Phoenix apartment community for $6,765,000

ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $6,765,000 / $165,000 Per Unit / $327.38 Per SF sale of Venture on 19th, a...
Victoria Park

Levin Johnston completes $27 million sale of upgraded 60-unit multifamily community in Fremont, California

Levin Johnston of Marcus and Millichap, one of the top multifamily brokerage teams in the U.S., specializing in wealth management through commercial real estate investments, has successfully directed the sale of Victoria Park, a...
The Columns at Timothy Woods

ECI Group announces sale of The Columns at Timothy Woods Apartments in Athens, Georgia

ECI Group (ECI) announces the sale of The Columns at Timothy Woods apartments at 2035 Timothy Road in Athens, Georgia to Fogelman Properties. The 204-unit, 1996-vintage community was acquired by ECI in April 2019....
Fox Meadows Apartments

Fox Meadows in Tualatin sells for $19.35 million

Kidder Mathews is pleased to announce that it has closed the sale of the Fox Meadows Apartments—a 95-unit garden-style community located in Tualatin, Oregon—for $19,350,000. Kidder Mathews multifamily investment brokers Tyler Linn, Jordan Carter, and...
The Fieldhouse

Sale of mixed-use community in Atlanta MSA closes

JLL Capital Markets announced that it has closed The Fieldhouse, a 252-unit, Class A, mid-rise, multihousing community with 10,112 square feet of commercial space located within the Atlanta MSA in Lawrenceville, Georgia. The property...
Samish Station 3

The Mogharebi Group arranges more than $18.35 million sale of 66-unit final phase of...

The Mogharebi Group (TMG) has arranged the $18.365 million sale of the 66-unit Samish Station 3, the third and final phase of Samish Station, a 119-unit multifamily community in the Puget Sound city of...
5550 W North Ave

Interra Realty brokers $2.66 million sale of multifamily property on Chicago’s West Side

Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the sale of a 35-unit multifamily property in Chicago’s Austin neighborhood for $2.66 million. The property, 5550 W. North Ave., traded...
Aura Boca

Cushman & Wakefield arranges $92 million in refinancing for Aura Boca

Cushman & Wakefield announced that the real estate services firm served as the exclusive advisor to institutional investors advised by J.P. Morgan Global Alternatives in the procurement of $92,000,000 of financing for Aura Boca, a...
Cube WYNWD

Berkadia arranges $36 million loan for acquisition of Cube WYNWD

Berkadia announces it has secured a $36.18 million loan for the acquisition of Cube WYNWD, a boutique Class-A building in Miami’s Wynwood neighborhood. Managing Director Scott Wadler of Berkadia Miami secured the financing on...
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