Tuesday, June 3, 2025

Deal boom

Apartment deals, mergers and acquisitions

Davlyn Investments acquires transit-oriented Riverside asset

Davlyn Investments, a prominent California multifamily and commercial property investment firm, recently closed escrow on the $60,000,000 “off-market” purchase of Metro Gateway, a newly-built, 187-unit, luxury, Class A+, “Core” multifamily community in Riverside, California....

JLL arranges $24 million financing for Agora at Port Richey in Tampa area

JLL announced today it has arranged a $24 million loan to refinance Agora at Port Richey, a 288-unit, garden-style apartment community in Port Richey, Florida. Working exclusively on behalf of Agora Capital Partners, JLL placed...

Franklin Street closes $41.875 million multifamily sale in Lenox Park submarket of Atlanta

Franklin Street has arranged the $41.875 million sale of the 335-unit Lenox apartment portfolio, located along Lenox Road NE and Woodland Avenue near the Morningside-Lenox Park neighborhood of Atlanta, Ga. Jake Reid, Chad DeFoor, and...

R.D. Olson construction completes Chapman University student housing project

R.D. Olson Construction, an award-winning general contracting firm in California, has completed The K, a 401-bed, 123,562-square-foot student housing project for Chapman University. Designed to reflect the historic charm of Old Towne Orange, the...

Cushman & Wakefield represents Symcor Capital Properties in $43 million sale of Southwest Florida...

Cushman & Wakefield has arranged the sale of Lakes at North Point, a 312-unit, garden-style apartment community located in North Port, Florida. The value-add property sold for $43 million, or $137,821 per unit, and...

CBRE Multifamily Group sells Commons at Windsor Gardens

The CBRE Capital Markets team today announced the sale of Commons at Windsor Gardens located in Norwood, Massachusetts. The Commons at Windsor Gardens is a 914-unit 100% market-rate apartment community consisting of 682 flats and...

Cushman & Wakefield brokers multifamily portfolio sale for Kole Management Co.

Cushman & Wakefield has arranged the sale of a 13-property, 2,492-unit portfolio comprised of apartment communities throughout Georgia and North Carolina on behalf of Kole Management Co. Taylor Bird, Nelson Abels, and Robert Stickel...

$60 million multifamily asset sale brokered by Marcus & Millichap in middle Tennessee

Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of The Grand Reserve, a 290-unit multifamily community in Spring Hill,...

Levin Johnston directs two multifamily transactions totaling $23.4 million in California’s high-demand east bay...

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 successfully directed the sale of two multifamily communities...

Fore Property strengthens its Southern California presence with opening of two new multifamily communities

Fore Property (Fore), one of the country’s top 20 largest multifamily developers, today announced the formal opening of two new multifamily communities: Arte in Rancho Cucamonga and Las Positas in Camarillo. Developed and constructed...

Cushman & Wakefield represents Equity Management Partners in $19.6 million sale of Central Florida...

Cushman & Wakefield has arranged the sale of Sterling Pointe, a rental community in Ocala, Florida, for $19.6 million. The fully occupied community is comprised of 73 single-story duplex and quadplex buildings totaling 271...

JLL arranges $34M financing for 7EMPIRE in San Jose, California

JLL announced that it has arranged $34 million in debt financing for the development of 7EMPIRE, a 97-unit, Class A, art-focused multihousing community in the Silicon Valley core. JLL worked on behalf of the developer,...

JLL secures $43M financing for Morris County, New Jersey, apartments

JLL announced today that it has arranged $43 million in financing for Signature Place, a 197-unit, luxury apartment community in Morris Plains, Morris County, New Jersey. JLL worked on behalf of Mack-Cali Realty Corporation, acting...

Marcus & Millichap arranges the sale of a 42-unit apartment building in Tampa

Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of Lexington Court, a 42-unit apartment property located in Tampa, FL,...

Avanath acquires three affordable housing properties totaling 317-units in Chicago and Maryland for $55.05...

Avanath Capital Management, LLC, a private real estate investment manager and Registered Investment Adviser, has purchased three affordable housing communities with a combined total of 317 units in Chicago and Maryland. The assets were...
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