Sunday, May 19, 2024

Tag: Deal Boom

Apartment deals, mergers and acquisitions

Sumitomo Forestry & JPI

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...
640 Broadway

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...
Cottage Gardens

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...
Brooklyn, New York

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...
Frame Med Center

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...
Metro Parc North

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...
Riverbend Apartments Pool

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...
Graf St Apartments

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,...
Northgate Apartments

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 Westside

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...
Maven

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...
Portland OR

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...
Rayen Park

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...
Mountain View

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...

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