Apartment deals, mergers and acquisitions
Tag: Deal Boom
JPI to be Acquired by Sumitomo Forestry America, Inc.
JPI, a leader in the development of Class A and attainable multifamily communities, and Sumitomo Forestry America, Inc. (“Sumitomo Forestry”), proudly announce the signing...
Acadia Realty Trust Secures $33M to Refinance a Luxury, Pre-War Loft Building in NoHo
JLL Capital Markets has arranged $33 million in financing for 640 Broadway, a renovated luxury, nine-story, pre-war loft building stretching a full city block...
Capstone Closes $13.5M Off-Market Sale of Cottage Gardens in Greensboro North Carolina
Capstone Companies has successfully facilitated the $13.5M off-market sale of Cottage Gardens, an apartment community in the Eastside Park submarket of the Greensboro, North...
Ariel Property Advisors Arranges Sale of Brooklyn Properties for Over $10M
Ariel Property Advisors announced it has closed two investment sales transactions in Brooklyn, including the sale of a mixed-use development site in Cobble Hill...
AHV Communities Announces Leasing Now Available for Frame Med Center in San Antonio Texas
AHV Communities, the leader in Built-for-Rent® single-family (SFR) and attached home rental communities, announced that leasing has commenced for Frame Med Center, its newest...
MG Developer and Baron Property Group Secure $18M Land Loan for Multifamily Development in...
MG Developer, now the most active developer in Hialeah and Coral Gables, announces it has secured an $18 million loan for its third transient-oriented...
SPI Advisory Acquires 164-Unit Apartment Community in New Braunfels, Texas
SPI Advisory and its partners finalized the acquisition of Riverbend Apartments (formerly known as “Hawthorne Riverside”), a 164-unit, Class A- institutional-quality apartment community built...
Berkadia Secures $72M in Construction Financing for Multifamily Property in Montana
Berkadia announced the construction financing secured for the second phase of the existing 19th & Graf Apartment Homes, a garden-style multifamily property in Bozeman,...
Kidder Mathews Sells 121-Unit Apartment Building for $19M in Seattle’s Northgate Neighborhood
Northgate Apartments, a former senior living facility totaling 121 units in Seattle, Washington sold Wednesday this week for $19M. The sale was fully marketed...
Capstone Brokers $18.9M Sale of Three-Property Portfolio in Hampton Roads Virginia MSA
Capstone Companies has closed an $18.9M portfolio sale consisting of three properties—Crossroads Townhomes (1974), Bently Apartments (1986), and Elkhart Apartments (1985)—in the Chesapeake and...
Evergreen-Residential Breaks Ground on 240-Unit Development Near Gainesville, Florida
Plantation, Florida-based Evergreen-Residential broke ground last month on Evergreen Westside, a 240-unit property across the street from Oaks Mall in Gainesville, Florida. FK Architecture...
Leasing Begins at Maven: a 200-Unit, 27-Story Tower in The Bronx
New York City-based real estate owner, developer and operator RXR has announced the start of leasing at Maven, a 27-story residential tower in the...
5,000 Unit Multifamily Addition Planned for Mall Redevelopment in Portland Oregon
Urban Renaissance Group (URG) and KKR Real Estate Finance Trust (KREF) have unveiled plans for the redevelopment of Lloyd Center, a 1.2M SF mall...
Standard Communities Acquires Six 100% Affordable Communities Totaling 407 Units in Los Angeles
Standard Communities, a leading national developer and investor in affordable and workforce housing, has led a public-private partnership that acquired six 100% affordable Section...
CPP Announces Acquisition of Affordable Housing Community in Albuquerque, New Mexico
Community Preservation Partners, a mission-driven affordable housing preservation developer has announced the acquisition and planned renovation of two developments in Albuquerque: Mountain View II...