Saturday, May 17, 2025

Deal boom

Apartment deals, mergers and acquisitions

The Lakes

Marcus & Millichap’s Levin Johnston team closed San Francisco Bay Area multifamily sale for...

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of The Lakes, a three-story, 102-unit garden-style multifamily asset in Concord, California....
Oak Row apartments

CBRE sells West Roxbury multifamily complex for $41.8 million

CBRE announced the $41.76 million sale of Oak Row apartments, an 80-unit luxury apartment community in West Roxbury, MA. CBRE Capital Markets’ multi-housing experts Simon Butler and Biria St. John exclusively represented the seller, a...
Waltham Overlook

CBRE sells Waltham multifamily complex for $73 million

CBRE announced the $73.575 million sale of Waltham Overlook, a 207-unit 100 percent market-rate apartment community in Waltham, MA. CBRE Capital Markets’ multi-housing experts Simon Butler and Biria St. John exclusively represented the seller an affiliate...
7180 Optima Kierland Exterior

Optima enhances virtual sales model, tops off construction of luxury residential tower

In these unique times, multifamily development firm Optima is debuting an enhanced virtual sales experience at 7180 Optima Kierland to accommodate prospective buyers in advance of the luxury residential community’s summer opening. The 12-story tower...
Devonshire

Rare value-add 122-unit multifamily portfolio in Granada Hills, CA sells for $25 million

Universe Holdings, a Los Angeles real estate investment company, has purchased a three-building, 122-unit multifamily portfolio in Granada Hills, California, for $25 million. Kidder Mathews commercial real estate investment broker, Janet Neman, represented Universe Holdings...
35 Village Hill Road, Northampton

MassHousing closes on $2.8 million in financing for new workforce housing in Northampton

MassHousing has closed on $2.8 million in affordable workforce housing financing to The Community Builders for the ongoing construction of the 12-unit 35 Village Hill Road in Northampton. Valley Community Development Corporation is the...
Solaire 8200 Dixon

WPC breaks ground for 403-unit opportunity zone apartment tower with Silver Spring, MD’s first...

Washington Property Company has broken ground for Solaire 8200 Dixon, a 403-unit, 26-story apartment tower in the Ripley District of  downtown Silver Spring, MD. Clark Construction Company is on track to deliver the first apartments...
Camino 2556 Las Vegas

Camino Verde completes central Las Vegas property purchase

Camino Verde Group recently completed the purchase of a 28-unit multifamily property at 2556 South Van Patten Street in the Historic Commercial Center District of Las Vegas. The units will be rebranded as Camino 2556. Camino 2556 will undergo approximately...
The Loop Conroe

JLL arranges sale, financing of Conroe, Texas, apartment property

JLL Capital Markets announce that it has closed the sale of and arranged acquisition financing for The Loop Apartments, a 188-unit, Class A luxury apartment community in Conroe, Texas. JLL marketed the property exclusively on...
Florida MHP LLC

Marcus & Millichap arranges the sale of a 14-space manufactured home community

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Florida MHP LLC, a 14-space manufactured homes community located in Gibsonton,...
Independence Park Apartments

Magma Equities closes on a $50 million purchase of Durham, NC apartment community in...

Magma Equities has acquired Independence Park Apartments, a 312-unit garden-style community in Durham, NC for $50 million. Independence Park is Magma’s fifth apartment investment in the Tar Heel State in the past 14 months. Magma...
4001 Nicolet

Levin Johnston completes sale of upgraded 30-unit multifamily community in Fremont, California

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 directed the sale of 4001 Nicolet, a fully...
Anna Cooper House

DHCFA finances affordable housing in Wards 2 and 4

The District of Columbia Housing Finance Agency is partnering with SOME (So Other Might Eat) by financing affordable housing in Wards 2 and 4. On April 24th, DCHFA issued $17.3 million in tax exempt bonds...
EastVillageApartments_KiserGroup

Kiser Group brings East Village Apartments in Downers Grove to market

East Village Apartments, located at 717 Rogers Avenue, has been listed for sale by Chicago-based multifamily brokerage firm Kiser Group. The 20-unit complex comprises two, 10-unit buildings and were built in 2018 by Fourth...
Oak Gate

Marcus & Millichap arranges the sale of a 29-unit apartment building

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Oak Gate, a 29-unit apartment property located in Gainesville, Fla., according...
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