Apartment deals, mergers and acquisitions
Tag: Deal Boom
Tower 16 Capital Partners announces the sale of IVilla Garden Apartments for $30 million...
Tower 16 Capital Partners has sold IVilla Garden Apartments, a 214-unit multifamily project in Phoenix, for $30 million. The property was purchased by Tower...
IMG acquires third San Antonio area apartment community in 2021
Investors Management Group (IMG), a California-based real estate investment and asset management firm, has acquired Heights at Converse, a 200-unit apartment community built in...
Foulger-Pratt to develop 343-unit apartment community in Bethesda, Maryland
Foulger-Pratt based in Potomac, Md. will develop The Rae at Westlake at 10401 Motor City Drive adjacent to Westfield Montgomery Mall in Bethesda, Md....
Luxury Orlando-area apartment community sells
JLL Capital Markets announced that it has closed the sale of The Q at Maitland, a 129-unit luxury apartment community in Maitland, Florida, in...
Franklin Street arranges $56 million sale of 517-unit St. Petersburg, Florida multifamily community
Franklin Street has arranged the sale of Osprey Pointe Apartments, a 517-unit, garden-style multifamily community in St. Petersburg, Florida, for $56 million, or $108,317...
MassHousing closes approximately $19 million in financing for the second phase of the transformative...
MassHousing has closed on approximately $19 million in affordable and workforce housing financing to Trinity Financial, Inc., which is developing the 111-unit Phase Two...
$110 million sale for Mallory Square in Maryland completed
JLL Capital Markets announced it closed the $110 million sale of Mallory Square, a 365-unit mid-rise apartment community with 1,600 square feet of retail, located...
Institutional Property Advisors negotiates Texas Hill Country multifamily asset sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Riverhaus Creekside, a 281-unit multifamily asset located within the Town...
$27.5 million refinancing arranged for multihousing community near St. Louis, MO
JLL Capital Markets announced that it has arranged a $27.5 million refinancing of Promenade at New Town*, a 225-unit multihousing community in the St....
Levin Johnston directs acquisitions of three Bay Area properties totaling $68.25 million on behalf...
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...
FCP announces sale of River Crossing at Roswell in Atlanta, Georgia
FCP announces the sale of River Crossing at Roswell in Atlanta, GA. The 312-unit community was acquired by FCP as River Trace Apartments in August...
ABI Multifamily brokers Northwest Phoenix 166-unit multifamily apartment community for $26.7 million
ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $26,726,000 / $161,000 Per Unit...
JLL closes sale of Germantown, Maryland multihousing property
JLL Capital Markets announced it closed the sale of The Point at Germantown Station, a multihousing property located across 40 acres in Germantown, Maryland....
Stepp Commercial completes $4.05 million sale of 11-unit apartment property in Fourth Street /...
Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $4.05 million sale of a newly renovated 11-unit apartment...
Institutional Property Advisors brokers $69.1 million Central Phoenix multifamily sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Level at Sixteenth, a 240-unit, mid-rise apartment community in the...