RADCO acquires Solis Reynolds Place in Atlanta; Multifamily property rebranded as Lyra by Radius
The RADCO Companies (RADCO), one of the nation’s leading opportunistic real estate developers, announced the acquisition of Solis Reynolds Place, a newly constructed 228-unit multifamily asset located in Duluth, Georgia, a northeast Atlanta suburb.
The...
Institutional Property Advisors negotiates Tempe apartment property sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of La Serena, a 160-unit multifamily asset in Tempe, Arizona.
“Located in South Tempe, where limited multifamily inventory and extreme barriers to...
Trophy Northern Virginia multihousing community trades for $141 million
JLL Capital Markets announced that the $141 million sale of The Avant, a 359-unit, trophy multihousing community located in Reston, Virginia, has closed.
JLL represented the seller, Boston Properties, and secured acquisition financing on behalf...
Age-restricted multihousing community in Central New Jersey trades for $29.9 million
JLL Capital Markets announced that it has closed the $29.9 million sale of Royal Pines at Marlboro, an 89-unit 55+ multihousing community in Englishtown, New Jersey.
JLL represented the seller, a joint venture between GRJ...
FCP partners again with Avanti Residential, acquiring Omnia on Thomas Apartments in Phoenix, Ariz....
FCP and joint venture partner Avanti Residential announce the $65 million acquisition of Omnia on Thomas, a 382-unit garden apartment community at 1645 E. Thomas Road in Phoenix, Ariz. Omnia on Thomas represents FCP’s third...
Institutional Property Advisors brokers sale of Orange County multifamily asset
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Foxborough Apartments, a 90-unit apartment complex in Orange, California. The property was acquired by Advanced Real Estate of Irvine, California.
Advanced...
JLL completes acquisition financing of ultra-luxury Downtown Los Angeles multihousing tower
JLL Capital Markets announced that it has arranged the acquisition financing for THEA at Metropolis, a 685-unit, ultra-luxury, high-rise multihousing community located in Downtown Los Angeles.
JLL worked on behalf of the new owner to...
The Mogharebi Group brokers $11.25 million sale of 44-unit affordable housing community in Palm...
The Mogharebi Group (TMG) has brokered the sale of a 44-unit garden-style multifamily community in Palm Springs, Calif. for $11.25 million. The buyer of the fully occupied property is a California-based affordable housing investor.
Sunnyview...
Institutional Property Advisors brokers sale and arranges financing for Tucson multifamily asset
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Eastyn Park, a 279-unit multifamily property in Tucson, Arizona. The $42.5 million sales price equates to $152,329 per unit.
“Eastyn Park...
MassHousing closes on $18 million for the refinancing, preservation of affordability and extensive renovation...
MassHousing has provided a total of $18 million in affordable housing financing to the non-profit Retirement Housing Foundation (RHF), and its development consultant, the Schochet Companies, for the refinancing, preservation of affordability and renovation...
JVM Realty Corp. acquires luxury apartment community southwest of Chicago
JVM Realty Corp., a leading vertically integrated multifamily real estate investment and property management firm, announced it has acquired Seasons at Romeoville, a 240-unit luxury apartment community in the Chicago suburb of Romeoville, from...
$10.75 million financing secured for a California multihousing community owned by Universe Holdings
JLL Capital Markets announced that it has arranged the $10.75 million refinancing of Chateau Spring Terrace, a 56-unit multihousing community located in La Mesa, California.
JLL worked on behalf of the borrower, Universe Holdings, to...
Sale of Minneapolis apartment community closes
JLL Capital Markets announced that it has closed the sale of Dock Street Flats, a 185-unit, 2013-built, luxury apartment community with 2,852 square feet of retail located within the historic North Loop neighborhood in...
Levin Johnston directs 1031 exchange of multifamily communities in San Mateo County
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 two San Mateo...
Marcus & Millichap brokers $10.5 million sale of historic multifamily property in downtown Chicago
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced it has brokered the $10.5 million sale of 227 East Walton Place, a landmarked...
