Wednesday, May 7, 2025

Deal boom

Apartment deals, mergers and acquisitions

Gaar Scott Historic Lofts

Historic Minneapolis multihousing community sells to national investor

JLL Capital Markets announced that it has closed the sale and arranged the acquisition financing of Gaar Scott Historic Lofts, located in the North Loop neighborhood of Minneapolis, Minnesota. JLL represented the seller, Gaar Scott...
Emblem Grayson

Cushman & Wakefield arranges sale of Emblem Grayson

Cushman & Wakefield announced that the commercial real estate services firm arranged the sale of Emblem Grayson, a newly built 344-unit multifamily community in the Loganville submarket of Atlanta. Cushman & Wakefield’s Robert Stickel and Alex...
Chamberlain Pines

Single-family rental townhome community in Charleston suburb trades

JLL Capital Markets announced that it has closed the sale of and arranged the acquisition financing for Chamberlain Pines, a 132-unit single-family rental community in the Charleston, South Carolina suburb of Summerville. JLL represented the...
Ambassador Hotel

Cushman & Wakefield arranges sale of Orlando Hotel that will become affordable housing

Cushman & Wakefield announced that the commercial real estate services firm has arranged the $7.1 million sale of Ambassador Hotel, a 155-room building on 2.5 acres located at 929 W Colonial Dr. The hotel was...
Signalmen Apartments

Denver multihousing community secures $12.6 million financing

JLL Capital Markets announced that it has arranged $12.6 million in acquisition financing for Signalmen Apartments, a 52-unit, Class A, luxury, boutique apartment community located in the Sloan’s Lake neighborhood of Denver, Colorado. JLL represented...
LH3 Portfolio

Institutional Property Advisors closes three-property multifamily portfolio sale in North Dallas

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of the LH3 Portfolio; three multifamily properties located in Richardson and Dallas, Texas. The assets in Richardson are Belterra, 314 units...
Valleybrook at Chadds Ford

$96.5M sale and financing of multihousing community in the Philadelphia area closes

JLL Capital Markets announced that it closed the $96.5 million sale and acquisition financing of Valleybrook at Chadds Ford, a 352-unit, value-add multihousing community in Chadds Ford, Delaware County, Pennsylvania. JLL marketed the property on...
Presidential City

Post Brothers sells luxury Philadelphia high-rise community Presidential City to KKR and MREG for...

JLL Capital Markets announced the closing of the sale of Presidential City, a 1,015-unit, luxury, high-rise community in Philadelphia, Pennsylvania. JLL represented the seller, Post Brothers, and helped broker the transaction with the buyers, KKR and...
Cleveland Paradise Apartments

Marcus & Millichap arranges the $9.35 million sale of apartments in Hollywood, Florida

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Cleveland Paradise Apartments, a 34,871-square-foot apartment complex in Hollywood, Florida. The...
The Exchange at Indian Land Charlotte NC

FCP and Crosland Southeast announce acquisition of The Exchange at Indian Land apartments development...

FCP and joint venture partner Crosland Southeast announce the acquisition and groundbreaking of The Exchange at Indian Land mixed-use development site at Charlotte Highway and Possum Hollow Road in Indian Land, SC within the Charlotte,...
SeventyOne15 McDowell

Institutional Property Advisors brokers $150 million luxury multifamily asset sale in Scottsdale, Arizona

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of SeventyOne15 McDowell, a newly built, 274-unit multifamily asset in Scottsdale, Arizona. The property sold for $150 million, or $547,445 per...
Oasis at Piney Point

Berkadia arranges sale of Class A multifamily community in West Houston

Berkadia announces it has arranged the sale of Oasis at Piney Point, a 318-unit, Class A apartment community located near the Galleria and Westchase submarkets of Houston, Texas. Managing Director Jeffrey Skipworth, Senior Managing...
Artistry Apartments

Avanti Residential acquires 341-unit Artistry Apartments in Kansas City

Nationwide multifamily investor and operator Avanti Residential has acquired Artistry Apartments, a 341-unit Class-A apartment community in Kansas City, Missouri, for $94 million. The purchase marks Avanti’s seventh investment in the Kansas City metropolitan...
4118 Elm Avenue

Stepp Commercial completes $6.64 million sale of a 22-unit apartment property in Bixby Knolls...

Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $6.64 million sale of a value-add 22-unit apartment property located at 4114 to 4118 Elm Avenue in the Bixby...
Sumner Apartments

PCCP, LLC provides $13.25 million preferred equity investment to finance construction of 162-unit multifamily...

PCCP, LLC announced it has provided a $13.25 million preferred equity investment to Timberlane Partners to finance the construction of Sumner Apartments, a 162-unit garden-style multifamily community located at 16017 60th Street in Sumner,...
Yield PRO