Sunday, July 13, 2025

Deal boom

Apartment deals, mergers and acquisitions

California Avenue

Interra Realty Brokers $10.8M Sale of Multifamily Portfolio on California Avenue in Chicago’s West...

Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the $10.8 million sale of a seven-building multifamily portfolio located on California Avenue in Chicago's West Ridge neighborhood on the North...
Casitas Catalina

Casitas at La Mariposa Community Acquired Land Deal in Tucson for Build to Rent...

Casitas at La Mariposa Community acquired 36.77 acres of vacant land in East Tucson for $4.6 million. The property, located along Houghton Road adjacent to the La Mariposa Resort, was purchased from Ruth Chmeik...
Arroyo Verde

Olympus Property Acquires The Place at Arroyo Verde for $37.5M in Tucson’s Casas Adobes...

Olympus Property, a Texas-based multifamily investment and property management firm, has acquired The Place at Arroyo Verde, a newly constructed 156-unit apartment community. The asset was purchased for $37.5 million, translating to $240,385 per...
Olea Scottsdale

Legacy Partners in a Joint Venture with DWS Start Work on Arizona Residential Development...

Legacy Partners and joint venture partner DWS have started construction on Olea Scottsdale, a 433-residence apartment community in Scottsdale. The project is located north of Loop 101 and east of Scottsdale Road, at the...
Vintage Farms

MBK Rental Living Starts Construction on 330-Unit Residential Project Vintage Farms in Murrieta

MBK Rental Living has begun work on the apartments at Vintage Farms, an $80 million residential village in the Inland Empire city of Murrieta. The village will contain 330 market-rate and luxury apartments spread...
Scottsdale Crossing

Fifield Cos Announces Mall-to-Apartments Conversion Project to be Called The Residences at Scottsdale Crossing

Fifield Cos. is tearing down a strip mall just outside the Scottsdale city limits and replacing it with a seven-story apartment complex. The project, to be called The Residences at Scottsdale Crossing, is slated...
The Danforth

Kennedy Wilson Announces their Acquisition of 265-unit Multifamily Property The Danforth in Seattle for...

Kennedy-Wilson Holdings has acquired The Danforth, a multifamily community in Seattle for $173M in a joint investment. Kennedy-Wilson plans to complete the acquisition in a joint investment with the real estate-related services providers, Kenedix and...
Marshall Pointe Apartments

Lincoln Avenue Communities has Broken Ground on 260 Affordable Housing Unit Project Marshall Pointe...

Lincoln Avenue Communities (LAC) has broken ground on a 260-unit affordable housing project in Arvada that will cater to residents earning between 30 and 70% of the area median income. Located at 5190 Marshall...
Haven Housing

BH Properties Launches Multifamily Investment Platform Haven Housing

BH Properties, a privately held, vertically integrated, value-driven real estate investment firm headquartered in Los Angeles, has launched Haven Housing, a multifamily investment platform focused on acquiring, enhancing and operating both market-rate and affordable...
Roosevelt

Regent Properties Pays $90M for Three-Property Phoenix Portfolio in Roosevelt Row

CBRE negotiated the sale of a three-property multifamily portfolio in Downtown Phoenix, totaling 323 units. The portfolio includes Class A multifamily communities located within one-half mile of each other in the Roosevelt Row neighborhood. CBRE’s...
220 Meridian

Keystone Group Adds 57 Luxury Apartments to Indianapolis with the 220 Meridian Tower Office...

Keystone Group’s transformation of central Indiana’s first office-tower-to-luxury-apartment conversion continues as the addition of 57 new luxury apartments officially begins at the 220 Meridian Tower. Scheduled for completion in summer 2026, the additional luxury...
Brackett Apartments

Waterton Picks Up 386-Unit Garden-Style Multifamily Residential Community Brackett Apartments in Edmonds Washington

Waterton has acquired Brackett Apartments, a 386-unit garden-style multifamily community in Edmonds, Washington. The price was not disclosed. Located at 9501 244th Street SW in Edmonds, Brackett Apartments was built in 1987 and offers a...
Yorktown Apartments

CBRE Announces the Sale of Yorktown Apartments in Huntington Beach for Over $400k/Unit

Yorktown Apartments, an 18-unit multifamily property in Huntington Beach, was purchased by a private investor from nearby Newport Beach in a $7.4 million deal. This was the first time on the market in over...
420 Adams Street

Kidder Mathews Arranges Sale of Multifamily Property on Adams Street near Burbank

Kidder Mathews has completed the sale of 420 West Adams Street, an eight-unit multifamily property in Glendale, California, for $1,625,000. Darin Beebower and Arian Rejaei of Kidder Mathews represented the seller, Finch Charitable Remainder Trust...
Belmond

Institutional Property Advisors Closes Mid-Cities Multifamily Asset Sale of Belmond

Institutional Property Advisors (IPA), a division of Marcus & Millichap, dedicated to serving the company’s institutional clients, announced the sale of Belmond, a 312-unit multifamily property in Haltom City, Texas. “Previous ownership implemented a comprehensive...
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