Deal boom

Multifamily investment firm DB Capital Management (DB Capital) has made its entry into the Las Vegas market with the $64 million acquisition of the Boulevard, a 296-unit apartment community located just 20 minutes from...

JLL Capital Markets announced that it has arranged over $100 million in construction financing for OAK, a transformative mixed-use development in Oklahoma City. Phase I of OAK will include 320-residential units, a 133-key locally...

JLL Capital Markets announced that it has closed the $86.625 million acquisition of and the $54.5 million dollar financing for Abberly Foundry, a five-story, 231-unit multihousing community, formerly known as Alta Foundry in Nashville,...

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Brooklyn Yard Portfolio, a 118-bed, 54-unit, student housing portfolio located in...

Representatives of CBRE, led by Jeff Dunne, Richard Gatto, Fahri Ozturk, Eric Apfel, Stuart MacKenzie, and Zach McHale, announced the $31 million sale of Grand Pointe Park, a 156-unit multifamily community in Poughkeepsie, New...

ECI Group (ECI) announces the acquisition of The Factory at Garco Park, a 271-unit, built in 2017, institutional-grade multifamily community in the highly-desirable Park Circle neighborhood in North Charleston, South Carolina. The Factory at...

Universe Holdings has acquired Hacienda Villas, a 34-unit townhome-style multifamily community in Ventura, Calif. for $12.55 million. It is the Los Angeles-based real estate investment firm’s second acquisition in Ventura the past five months...

Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of Lake Forest Apartment Homes, a 384-unit multifamily community  located at 600 Jimmy Ann Dr. in Daytona Beach, Florida. Cushman &...

FCP announces the $40.5 million acquisition of Park 35 Apartments, a 304-unit garden apartment community at 3529 Robins Landing Way in Decatur, GA. FCP has invested in 33 properties since its entry into the Atlanta...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Brookfield, a 124-unit multifamily asset in Phoenix, Arizona. The property sold for $31 million, which represents $250,000 per unit. “Buyers were...

JLL Capital Markets announced that it has closed the $9 million sale of an off-market, shovel-ready, 180-unit apartment development site in Sarasota, Florida. JLL represented the seller, a joint venture between Defined Companies, co-founded and...

The Mogharebi Group (TMG) has arranged the $9.25 million sale of Plaza Grande, a 92-unit multifamily community in Salinas, Calif. TMG represented the Monterey-based developer-owner of the fully occupied affordable housing community in its...

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Dana Park, a 222-unit apartment property in Mesa, Arizona. The $64.65 million sales price equates to $291,216 per unit. “For over...

iBorrow, a nationwide private direct lender for commercial real estate, has provided financing to Hawkwood Ventures LLC, a national commercial real estate investor, for the acquisition of a 140-bed, four-story student housing asset which serves students attending the University of Texas in Austin, Texas. The $11.2 million financing will fund a series of capital improvements to better...

Berkadia announces it has sourced a joint venture equity partner for GW Real Estate Partners, a vertically integrated multifamily development and construction firm, to build a new Class A apartment community in Williamsburg, Va....