Wednesday, May 15, 2024

Tag: Deal Boom

Apartment deals, mergers and acquisitions

22501 Hawthorne Boulevard

CBRE arranges $21 million sale of 22501 Hawthorne Boulevard in Torrance, California

CBRE announced the sale of 22501 Hawthorne Boulevard, a 3.82-acre redevelopment site in Torrance, California, to Intracorp Homes, for $21 million. The CBRE team of...
2543 N California

Interra Realty brokers sale of mixed-use building in Chicago for $6.1 million

Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the $6.1 million sale of a 16-unit mixed-use building in Chicago’s...
Highgate at Livingston

Class A Livingston New Jersey multihousing development secures $49.7 million construction loan

JLL Capital Markets announced that it arranged a $49.7 million construction loan for Highgate at Livingston (Highgate), a 169-unit, mid-rise, Class A, luxury apartment...
Rivers Senior

Avanath Capital Management acquires 120-unit affordable senior housing community in West Sacramento

Avanath Capital Management LLC, a multifamily owner and operator that primarily focuses on affordable and workforce housing, announces that it has acquired Rivers Senior,...
Longitude 81 Apartments

ECI Group acquires 260-unit Longitude 81 Apartments in Estero, Florida

ECI Group (ECI) announces the acquisition of Longitude 81 Apartments, a 260-unit, upscale apartment community at 11221 Everblades Parkway in Estero, Florida. Built in...
The Iris

$55.18 million refinancing secured for suburban apartment complex

JLL Capital Markets announced that it has arranged $55.18 million cashout refinancing for The Iris, a 276-unit, garden-style apartment complex in the Denver suburb...
Irving School Apartments

$3.65 million sale of historic multihousing community in Duluth, Minnesota closes

JLL Capital Markets announced that it has closed the $3.65 million sale of Irving School Apartments, a historic, 44-unit, 1895-built multihousing community located in...
129 S. Olive Street

CBRE arranges sale of 14-unit multifamily townhome community in Downtown Anaheim, Calif., for $5.9...

CBRE announced the sale of a 14-unit multifamily community in Anaheim, Calif., to a private investor for $5.9 million, marking one of the highest...
Vista Pointe

190-unit value-add multihousing portfolio trades in Silicon Valley

JLL Capital Markets announced that it closed on the sales of three value-add, garden-style multihousing assets in Silicon Valley, including the 72-unit Appletree in...
3301 N Sheffield Ave

Interra Realty brokers $5.45 million sale of Lakeview apartment building in Chicago

Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the $5.45 million sale of a 10-unit mixed-use apartment building in...
GroveParc Townhomes

JLL secures $38 million construction financing for GroveParc Townhomes in Tampa MSA

JLL Capital Markets announced that it arranged $38 million in construction financing for GroveParc Townhomes, a 190-unit, Class A build-to-rent development located in Wesley...
Highland Chateau

$8 million sale of multihousing community in Duluth, Minnesota closes

JLL Capital Markets announced that it has closed the $8 million sale of Highland Chateau, a 60-unit, 1972-built multihousing community located in the high-demand...
Courtyard Apartments at La Pat Place

CBRE arranges sale of 30-unit multifamily community in Westminster, California

CBRE announced the sale of a 30-unit multifamily community in Westminster, Calif., to a private investor for $10 million.  CBRE’s Executive Vice President Dan Blackwell...
1113 Avenue O

GFI Realty trades Brooklyn 23-unit multifamily building for $3.250 million

GFI Realty Services, LLC announced the $3.250-million sale of 1113 Avenue O, a multifamily building comprised of 23 units located in the Midwood section of Brooklyn....
Rancho Coronado Condominiums

Marcus & Millichap arranges $6.4 million refinancing for multifamily property in Imperial Beach, California

Marcus & Millichap Capital Corporation (MMCC), a leading provider of commercial real estate capital markets financing solutions, arranged a $6,400,000 loan for the refinancing...

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