Tag: Class B
CBRE Arranges Sale of CentrePointe Greens in Everett Washington North of Seattle
CentrePointe Greens, a class B garden-style multifamily property in Everett, Washington traded hands in a recent sale. CBRE’s Eli Hanacek, Mark Washington and Kyle...
The Mogharebi Group Arranges $56.6M Sale of 249-Unit Community Old River Place in Bakersfield...
The Mogharebi Group has successfully arranged the $56.6 million sale of Old River Place, a 249-unit multifamily community in what is the largest sale...
Joint Venture Pays $17M for Rumble Road Apartments in Modesto California
Lee & Associates, the largest broker-owned commercial real estate firm in North America, announced that its LA North/Ventura office has brokered the acquisition of...
FaverGray Celebrates the Completion of The Grove at Ocala Multifamily Community in Ocala Florida
FaverGray is honored to announce the successful delivery of the 329-Unit The Grove at Ocala project, a luxury apartment community located on approximately 36...
Berkadia Secures $24.4M Refinancing for River Walk Savannah Apartments
Berkadia announced the refinancing of River Walk Savannah, a 220-unit, garden-style multifamily property in Savannah, Georgia. Senior Managing Director Mitch Sinberg, Managing Directors Scott Wadler,...
JLL Led the Sales Efforts for the Connecticut Avenue Dupont Circle Office Conversion to...
JLL Capital Markets announced that it has completed the $21.5 million sale of 1201 Connecticut Avenue NW a 190,385-square-foot, Class B office building in Washington,...
BR Apartments LLC Completes $42M Acquisition of Blue Ridge Apartment Homes in Midland Texas
BR Apartments LLC purchased residential property, Blue Ridge Apartment Homes, for $42 million. Located in the Midland, Texas, the residential community was acquired on...
Marcus & Millichap Facilitates Sale of 120-Unit Apartment Community Serena Vista in Arlington Texas
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Serena...
Goodegg Investments Announces Acquisition of 250-Unit Multifamily Asset Crowne Club Apartments in Winston-Salem North...
Goodegg Investments, an award-winning commercial real estate investment firm in San Francisco, California, is pleased to announce the acquisition of Crowne Club Apartments –...
Peach Hill Capital and RK2 Property Group Acquire Savannah Apartment Community Georgetown Crossing for...
Peach Hill Capital, in a joint venture with RK2 Property Group, has acquired Georgetown Crossing, a 168-unit Class B garden-style multifamily community in Savannah,...
Lion Enters Charlotte Market with Off-Market Multifamily Property Acquisition of The Apartments at Radbourne...
Lion Real Estate Group, LLC ("LREG"), a Dallas-based real estate investment and asset management firm focused on acquiring value-add and opportunistic multifamily properties, purchased...
The Multifamily Group Completes the Sale of 80-unit Stepping Stone Apartments in San Antonio
The Multifamily Group (TMG), a Dallas-based commercial real estate brokerage firm, announced the facilitation of the B-Class Stepping Stone Apartments sale in San Antonio....
Class A apartments in high-supply markets outpace Class B on year-over-year rent growth
Although it might defy conventional wisdom, Class A apartments in high-supply markets are outperforming upper tier Class B assets on year-over-year rent...
Bender Companies Expands Illinois Footprint with Acquisition of Haven Woodridge, to be Renamed Edgewood...
Bender Companies, a vertically integrated multifamily investment firm, announced its acquisition of Haven Woodridge, located at 8109 IL-53, Woodridge, Illinois. “We’re excited to get to...
Class B is the place to be, say analysts
Class B apartment properties outperformed their luxury siblings in 2023, and most analysts expect they will continue outperforming in 2024. Berkadia concluded...