Thayer Manca Residential continues to grow Washington portfolio
Thayer Manca Residential (TMR) continues to expand its multifamily portfolio in Washington with their newest acquisition. TMR has acquired Big Trout Lodge, a 297-unit property, in Lake Liberty, WA. Big Trout Lodge is the...
Gelt, Inc. acquires a 149-unit apartment property in Studio City, California for $76 million
Gelt Inc., a Los Angeles-based real estate investment and asset management firm, is pleased to announce it has acquired Avalon Studio 4121, a 149-unit value-add apartment property located at 4041-4121 Radford Avenue in Studio...
DB Capital recapitalizes 192-unit multifamily property in Austin, Texas
DB Capital in joint venture with a CrowdStreet, has recapitalized Summit at Hyde Park, a 192-unit apartment community in Austin, Texas.
The acquisition represents a recapitalization of the 1980’s vintage garden style community, originally acquired...
The Multifamily Group completes the sale of 39 units in Texarkana, Texas
The Multifamily Group (TMG), a Dallas-based commercial real estate brokerage firm, announced the sale of Magnolia Gardens, a 39-unit garden-style multifamily property in Texarkana, Texas.
Yonnic Land represented the seller, and Guillermo Gameros procured the...
Berkadia arranges sale of garden-style multifamily workforce community in Houston
Berkadia announces it has arranged the sale of Bend at Oak Forest, a 392-unit, garden-style multifamily workforce community located in Houston. Managing Director Jeffrey Skipworth, Senior Managing Directors Chris Curry and Todd Marix, Managing...
$26.9 million financing arranged for multihousing development in San Diego
JLL Capital Markets announced that it has arranged the $26.9 million construction financing for Onyx on Park, a 61-unit, urban infill multihousing community located in the Hillcrest neighborhood of San Diego, California.
JLL represented the...
The Multifamily Group completes the sale of 60 units in Houston, Texas
The Multifamily Group (TMG), a Dallas-based commercial real estate brokerage firm, announced that it had facilitated the sale of Glenwood Apartment Homes in Houston this week.
Bryce Smith represented the seller and procured the buyer.
“Our...
Berkadia arranges sale of new Class AA garden-style apartment community in Orlando
Berkadia announces it has arranged the sale of The Baldwin, a brand new, 270-unit Class AA garden-style apartment community in Orlando, Florida. Managing Director Brett Moss, Associate Director Tyler Swidler, Senior Managing Director Matt...
Marcus & Millichap completes $44 million multifamily sale in Birmingham
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of The Hills at Hoover, a 320-unit multifamily asset in the highly...
Berkadia arranges sale and financing of Class A garden-style multifamily community in Houston
Berkadia announces it has arranged the sale and financing of 5 Oaks, a 228-unit, multifamily community in Houston. Managing Director Jeffrey Skipworth, Senior Managing Directors Chris Curry and Todd Marix, Managing Directors Chris Young...
Acquisition financing arranged for new Joint Venture on Kansas City multihousing community
JLL Capital Markets announced that it has arranged term acquisition financing for Walnut Tower, a 180-unit, high-rise multihousing community located in downtown Kansas City, Missouri.
JLL represented the borrower, a joint venture between Peakview Investments...
Sale of multihousing community in southern Miami-Dade county closes
JLL Capital Markets announced that it closed the sale of Sophia Square Apartments, a 281-unit, Class A, garden-style apartment community located in southern Miami-Dade county.
JLL marketed the property on behalf of the seller, Grand...
PCCP, LLC provides a $59.3 million senior loan for the acquisition of a 300-unit...
PCCP, LLC has provided a $59.3 million senior loan to LDK Ventures for the acquisition of Integra Peaks at Damonte Ranch, a partially complete, 300-unit, Class A garden-style apartment community in Reno, Nevada. Located...
Capital Square acquires multifamily community near Augusta for DST offering
Capital Square, one of the nation’s leading sponsors of tax-advantaged real estate investments and an active developer of multifamily communities, announced the acquisition of Lakeside on Riverwatch Apartments, a 200-unit garden-style multifamily community in...
IMG continues strategic investments of multifamily properties
Investors Management Group, Inc. (IMG) continued its strategic investments of multifamily properties with the acquisition of Millennium Apartments in Greenville, South Carolina for $64.4 million ($211,000 per unit). Over the past year, IMG has...
