Apartment deals, mergers and acquisitions
Tag: Deal Boom
Next Wave acquires newly built luxury community in Phoenix for $25.5 million
Next Wave Investors, LLC (“Next Wave”) a private equity firm focused on value-add multifamily investments, acquired The Grove on Glendale, a new 56-unit luxury...
Interra Realty arranges $5.46 million sale of two-building apartment portfolio in Chicago’s South Shore...
Interra Realty, a Chicago-based commercial real estate investment services firm, announced the $5.46 million sale of two recently rehabbed rental properties in Chicago’s South...
Capitol Hill multifamily property close to light rail station sells for redevelopment
A multifamily property located at 228 11th Avenue East in Capitol Hill has been sold to a private developer for $3,300,000 ($430 per land...
Two-property 408-unit multifamily sale completed by Marcus & Millichap in Fort Worth
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of The...
RPH Multifamily Group of Marcus & Millichap sells multifamily asset at the highest price...
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Madison...
Langdon Street Capital adds Broadstone Crossing to its portfolio
JLL Capital Markets announced that it handled the sale of the 225-unit Broadstone Crossing Apartments (“Broadstone Crossing”) in Austin, Texas. JLL worked on behalf of...
Windemere Apartments in Raleigh sold for $26 million
JLL Capital Markets announced that it has closed the $26 million sale of the 168-unit Windemere Apartments in North Raleigh, North Carolina. JLL represented the...
Parc Station apartments near Fort Lauderdale purchased
JLL Capital Markets announced that it has closed the sale of Parc Station, a 336-unit Class A apartment community in Hollywood, Florida, part of...
Berkadia secures $10.25 million equity investment for Encore Multi-Family’s 208-unit development in Phoenix area...
Berkadia has sourced a capital partner for Encore Chandler, a 208-unit, class-A, multifamily development in Downtown Chandler between Dallas-based Encore Multi-Family and a Real...
Marcus & Millichap arranges the sale of a 4-unit apartment building
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of 6336...
Franklin Street brokers $18.8 million multifamily sale in South Florida opportunity zone
Franklin Street has arranged the sale of a 180-unit value-add apartment community in South Florida for $18.8 million, or $104,444 per unit. The community...
Financing arranged for pair of Fort Worth apartment communities
JLL Capital Markets announced that it has arranged financing for Hidden Lakes and The Ranch at Fossil Creek, apartment communities totaling 586 units in...
Kiser Group advises on $1.6 million Evanston, Illinois apartment property sale
Kiser Group, Chicago’s leading multifamily brokerage firm, advised on the sale of 820-822 Reba Place, a 12-unit multifamily property, in Evanston, Illinois. 820-822 Reba...
The RADCO Companies announces $59 million sale of Sunstone Palms in Tampa, Florida
The RADCO Companies (RADCO), one of the nation’s leading opportunistic real estate developers, announced the sale of Sunstone Palms, a 536-unit apartment community located...
$60 million construction financing secured for Sovereign at Town Center apartments
JLL Capital Markets announced that it has secured $60 million in non-recourse construction financing for Sovereign at Town Center, a luxury, garden-style multihousing community...