Monday, May 12, 2025

Deal boom

Apartment deals, mergers and acquisitions

Skyline Towers

JLL represents Equity Residential in sale of Skyline Towers

JLL announced today the closing of the sale of Skyline Towers, a 939-unit, high-rise apartment community located in Falls Church, Virginia. JLL marketed the property on behalf of the seller, Equity Residential, and procured the...
The Vue at Belleair

Cushman & Wakefield negotiates sale of The Vue at Belleair in Clearwater

Cushman & Wakefield has negotiated the sale of The Vue at Belleair, a 339-unit luxury multifamily community in Pinellas County. Luis Elorza, Brad Capas, Robert Given and Michael Mulkern of Cushman & Wakefield’s Multifamily Group represented Columbus, GA-based Flournoy Development Company in the sale. Castle Lanterra...
2000 Illinois

Kiser Group brokers 2000 Illinois in Aurora, Illinois

Kiser Group, Chicago’s leading multifamily brokerage firm, recently brokered 2000 Illinois, a 128-unit, 5-story property in Aurora, Illinois. FPA Multifamily acquired the asset. Kiser Group’s Matt Halper and Danny Mantis represented both the buyer...
Tradition at Stonewater

JLL closes sale of Cary, North Carolina, apartments

JLL announced that it has closed the sale of Tradition at Stonewater, a 351-unit, suburban, garden-style apartment community in Cary, North Carolina. JLL marketed the property on behalf of the seller, an affiliate of Banner...
The Summit at La Crescenta

Institutional Property Advisors brokers North Los Angeles county multifamily asset sale

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced today the sale of The Summit at La Crescenta, a 92-unit apartment complex in La Crescenta-Montrose, California. The property sold for $34,525,000, which...
Jefferson at Farmingdale

Cushman & Wakefield brokers sale of Farmingdale, N.Y., multifamily asset

A newly-constructed, luxury mid-rise apartment community has sold in Nassau County, announced commercial real estate services firm Cushman & Wakefield. A team of capital markets specialists based in New York and New Jersey brokered...

CGI Strategies starts construction on third Koreatown multifamily development

Real estate investment and development firm CGI Strategies has started construction on a 200-unit apartment community at 837 S. Fedora in the heart of Los Angeles’ Koreatown. Fedora, which is being developed at a...
Boca Garden Portfolio

Boca ATC acquires 144-unit apartment portfolio in Boca Raton

JLL announced today it has arranged $17.78 million in acquisition financing for a 144-unit, garden-style, scattered-site apartment portfolio in Boca Raton, Florida. Working exclusively on behalf of Boca ATC, JLL placed the 10-year, fixed-rate loan...

JLL sells 970-unit Midwest multihousing portfolio on behalf of IRET

JLL announced today that it has closed the sale of a 10-property, 970-unit multihousing portfolio located in the Midwestern communities of Sioux Falls, South Dakota, and Sioux City, Iowa, on behalf of IRET for...
Terra Murrayhill by Red Studio Inc

JLL closes $34.1 million sale of Beaverton apartment community

JLL announced today that it has closed the $34.1 million sale of Terra Murrayhill, a 137-unit, garden-style apartment community located in Beaverton, Oregon. JLL marketed the property on behalf of the seller, a West Coast-based...
Ten West Greeley

JLL arranges capital for Colorado multihousing development

JLL announced it has arranged $43.2 million in structured construction financing for the development of Ten West Greeley Apartments, a 264-unit, Class A, garden-style multihousing property in Greeley, Colorado. JLL worked on behalf of the...
Limestone Ridge Apartments

AMTEX closes financing and starts construction on 225 apartments for seniors in Austin

AMTEX Multi-Housing, LLC, announced today that it closed financing and started construction on Limestone Ridge Apartments—a multifamily affordable housing community being constructed in Austin at 7011 McKinney Falls Parkway. When completed, Limestone Ridge Senior Apartments...
Trailside at Reedy Point

Cushman & Wakefield arranges sale for Arlington Properties, Inc

Cushman & Wakefield has arranged the sale of Trailside at Reedy Point, a 215-unit apartment community located in Greenville, South Carolina. Marc Robinson, Jordan McCarley and Tai Cohen of Cushman & Wakefield represented the...
Bay View Estates

CBRE sells Bay View Estates for $20,425,000

CBRE today announced the sale of Bay View Estates in Portsmouth, Rhode Island, for $20,425,000. CBRE Capital Markets’ multihousing experts Simon Butler and Biria St. John exclusively represented the seller, Bay View Apartments LLC, a...
Savannah Oaks

Northwest San Antonio apartment asset sold by Institutional Property Advisors

Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced today the sale of Savannah Oaks, a 332-unit multifamily asset in San Antonio, Texas. “Northwest San Antonio has some of the city’s best demographics...
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