Institutional Property Advisors closes two-property $90.2 million multifamily portfolio sale in Southern Arizona
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of a two-property multifamily portfolio in Tucson, Arizona. The properties are Equestrian, a 288-unit complex that sold for $47.7 million, or...
Luxury Connecticut multihousing building sold for $53 million
JLL Capital Markets announced that it has closed the $53 million sale of The Sheffield SoNo, a 136-unit, luxury, transit-oriented apartment building with ground-floor office space located along the waterfront in Norwalk, Connecticut.
JLL marketed...
American Landmark adds Jacksonville apartments to portfolio
American Landmark Apartments, one of the fastest-growing multifamily owner-operators in the country, has acquired Deerwood Park, a 282-unit multifamily community in Jacksonville. The property will be renamed Eddison at Deerwood Park and will undergo...
CBRE arranges sale of Mill Falls Apartments in Methuen, Massachusetts for $13.8 million
CBRE announced today that it has arranged for the sale of Mill Falls Apartments in Methuen, Massachusetts for $13.8 million.
CBRE Capital Markets’ multi-housing experts Simon Butler, Biria St. John and John McLaughlin exclusively represented...
SB Real Estate Partners acquires Casa Anita Apartments in Phoenix’s West Valley for $35.3...
SB Real Estate Partners (SBREP) has announced the purchase of Casa Anita Apartments—a 224-unit multifamily community located in the West Valley submarket of Phoenix—for $35.3 million. The property had previously been under private ownership...
Oasis-inspired NOVEL Research Park apartments sold for $69.5 million
JLL Capital Markets announced that it has closed the $69.5 million sale of the luxury, garden-style NOVEL Research Park, by Crescent Communities, a multihousing community within University Research Park in Charlotte, North Carolina.
JLL marketed...
RPH Multifamily Group of Marcus & Millichap sells the Edge at 401 in Tallahassee...
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of The Edge at 401, a 47-unit apartment property located in Tallahassee,...
MassHousing closes on $26.4 million in financing for the refinancing and substantial renovation of...
MassHousing has closed on $26.4 million in affordable housing financing to the non-profit Affordable Housing and Services Collaborative, Inc., to support the refinancing and major rehabilitation of the 248-unit Powdermill Village in Westfield.
Powdermill Village...
Draper and Kramer expands Texas portfolio with purchase of 121-unit Adriatica Senior Living in...
Draper and Kramer, Incorporated, a national real estate services firm, today announced it has added to its national portfolio of multifamily properties with the purchase of Adriatica Senior Living, a 121-unit, amenity-rich rental community...
Institutional Property Advisors brokers sale of new luxury multifamily asset in Greater Phoenix for...
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Maxwell on 66th, a new, luxury 349-unit garden-style apartment property in the North Scottsdale Corridor of Phoenix, Arizona. The property...
Stepp Commercial completes $9.8 million acquisition of Twin Palms, a 17-unit apartment property in...
Stepp Commercial has completed the $9.8 million acquisition of Twin Palms, a 17-unit apartment property located at 136 Cliff Drive and 145 Cedar Way in Laguna Beach, CA.
Senior Vice President Todd Hawke and Principal...
Berkadia arranges $23 million sale of 218-unit multifamily community in Tampa
Berkadia announces it has arranged the $23 million sale of River Gardens, a 218-unit multifamily community in Tampa. Managing Director Jason Stanton of Berkadia’s Tampa office and Senior Managing Director Cole Whitaker of Berkadia’s...
Institutional Property Advisors brokers Dallas-Fort Worth multifamily sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Dolce Living Home Town, a 316-unit apartment asset in the suburban Fort Worth city of North Richland Hills, Texas.
“Dolce Living...
Marcus & Millichap arranges the sale of a 41-unit apartment building in Belvidere, IL
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Schwarz Properties, a 49-unit apartment property located in Belvidere, IL, according...
Electra Capital provides $19.1 million preferred equity investment for 582-unit apartment community in Arizona
Electra Capital, a boutique lender specializing in flexible, short-term multifamily financing solutions, has closed on a $19.1 million preferred equity investment for the refinancing of Tides on Country Club, a 582-unit garden-style apartment community...
