Apartment deals, mergers and acquisitions
Tag: Deal Boom
IMG announces South Carolina portfolio expansion
Investors Management Group, Inc. (IMG) has expanded its South Carolina multifamily portfolio with the acquisition of The Whitley Apartments in the city of Central....
Portland smart-home startup IOTAS sells to security giant ADT
Home security company ADT has purchased Portland startup IOTAS, whose technology adapts smart-home features for apartments buildings.
IOTAS’ technology enables renters to control lights, thermostats,...
Interra Realty brokers $28 million multifamily sale on Chicago’s North Side
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the $28 million off-market sale of 944-54 W. Grace St., an...
Tower 16 Capital Partners announces the sale of Loramont on Thomas Apartments in Phoenix,...
Tower 16 Capital Partners has sold Loramont on Thomas Apartments, a 180-unit multifamily project in Phoenix, Arizona for $32.1 million. The property was purchased...
RXR secures $105 million from Rialto Capital Management to refinance Westchester apartment building
JLL Capital Markets announced that it has arranged $105 million in refinancing for RXR Realty’s 360 Huguenot, a 280-unit high-rise apartment building with ground-floor...
FCP and VaultCap Partners acquire Huntington Meadows Apartments in Austin, Texas
FCP and VaultCap Partners (VaultCap) announce the acquisition of Huntington Meadows apartments, a 200-unit multifamily property at 7000 Decker Lane in Austin, Texas. Huntington...
Institutional Property Advisors brokers multifamily asset sale in Mesa
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Talise, a 388-unit multifamily property in Mesa, Arizona. The asset...
Institutional Property Advisors closes $91 million North Phoenix multifamily asset sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Azura Apartments, a 387-unit apartment asset in Phoenix, Arizona. The...
Institutional Property Advisors brokers two-property multifamily portfolio sale in North-Central Utah
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of a two-property, 282-unit multifamily portfolio in Clearfield, Utah. The properties...
Next Wave sells 216-unit multifamily community in Las Vegas
Next Wave Investors, LLC (Next Wave) a private equity firm focused on value-add multifamily investments, recently sold Spanish Oaks, a 216-unit garden-style multifamily community...
PCCP, LLC provides $22.7 million preferred equity position for the development of a 201-unit...
PCCP, LLC has provided a $22.7 million preferred equity position to Breslin Realty Group and Fields Grade Development for the ground-up development of The...
Marcus & Millichap brokers $9.8 million sale of 61-unit multifamily property in Chicago’s Hyde...
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced it has brokered the...
Institutional Property Advisors negotiates Tucson apartment asset sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Equinox on Prince, a 114-unit multifamily asset in Tucson, Arizona....
Sale of student housing community near University of Illinois closes
JLL Capital Markets announced that it has closed the sale of and arranged acquisition financing for Illini Tower, a student housing community located near...
TruAmerica Multifamily acquires 156-home apartment community near Washington State capital for $54 million
TruAmerica Multifamily has acquired The Dakota, a 156-unit garden-style apartment community in Lacey, Wash., a suburb of Olympia for $54 million. The 15-year-old institutional...
