Apartment deals, mergers and acquisitions
Tag: Deal Boom
$60 million financed for Seattle multihousing development
JLL Capital Markets announced that it has arranged $60 million in construction financing for Gridline Apartments, a multihousing development currently under construction in Seattle,...
Berkadia arranges sale of brand-new trophy garden community in Orlando Metro Area
Berkadia announces it has arranged the sale of Alta Winter Garden, a 250-unit Class AAA trophy garden multifamily community in the Winter Garden submarket...
New best-in-class Nashville multihousing development sells
JLL Capital Markets announced that it has closed sale of Accent Edgewood, a 236-unit, Class A, mid-rise, lease-to-core multihousing asset in the Wedgewood-Houston neighborhood of...
Universe Holdings acquires second multifamily property in Ventura, California for $14.55 million
Universe Holdings has acquired Woodland Manor, a multifamily community in Ventura, Calif., in an off-market transaction for $14.55 million. Built in 1969, the property...
Institutional Property Advisors negotiates $260 million multifamily asset sale in Scottsdale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of The Moderne, a 369-unit mid-rise multifamily asset in Scottsdale, Arizona...
Newmark arranges sale and financing of 210-unit value-add multifamily property in East Austin, Texas
Newmark has completed the sale and financing of The Sofia Apartments, a 210-unit value-add multifamily property located minutes from downtown Austin, Texas. The property...
$19.45 million in financing secured for Maryland multihousing community
JLL Capital Markets announced that it has arranged the $19.45 million in acquisition financing for River Bay Townhomes, a 173-unit, value-add multihousing community in...
Newmark announces $70.5 million multifamily sale in one of Nashville’s fastest-growing suburbs
Newmark announces the $70.5 million sale of Reserve at Oakleigh—a 246-unit, 2017-built multifamily community located in Antioch, Tennessee. Newmark Executive Managing Directors Vincent Lefler...
Two-building mixed-use portfolio in New York’s East Midtown fetches $41.5 million
JLL Capital Markets has announced the $41.5 million sale of 959-961 Second Ave. and 246 East 46th St., a 105-unit, two-building portfolio in the...
iBorrow provides $20 million in financing for acquisition of 232-unit multifamily property in Dallas,...
iBorrow, a nationwide private direct lender for commercial real estate, has provided a $20 million loan to support the acquisition of a 232-unit garden-style multifamily...
TruAmerica Multifamily acquires 230-unit apartment community in Austin, Texas
TruAmerica Multifamily has acquired Cannon Oaks, a 230-apartment home community located just seven miles from downtown Austin. Completed in 2003, Cannon Oaks is located at...
$372.6 million in financing secured for Arizona and Texas multihousing properties
JLL Capital Markets announced that it has arranged refinancing in the aggregate amount of $372.6 million for a 10-property, 2,549-unit multihousing portfolio located across...
Institutional Property Advisors completes Eastside Seattle luxury apartment asset sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Bentley House, a condo-quality apartment property in Issaquah, Washington. “Seattle’s Eastside...
CP Capital US to develop ‘NOVEL Independence Park’ in Tampa, Florida with Crescent Communities
CP Capital, a highly disciplined U.S. real estate manager specializing in multifamily investments, announced a joint venture with Crescent Communities, a nationally recognized, market-leading...
Dominium acquires Willow Creek Apartments in Mount Juliet
Dominium, a leading national affordable housing owner, developer and manager, announced today that it has acquired Willow Creek Apartments in Mount Juliet, Tennessee, a...
