Apartment deals, mergers and acquisitions
Tag: Deal Boom
The Dermot Company purchases The Addison in Downtown Brooklyn
JLL Capital Markets has closed the sale of The Addison, a two-building, 271-unit luxury apartment rental property with three ground-floor retail spaces located at...
Cushman & Wakefield arranges sale of Hilltop Apartments at Daytona
Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of Hilltop Apartments at Daytona, a 128-unit apartment community located...
ZMR Capital enters Las Vegas market with $38.5 million acquisition of multifamily community
ZMR Capital has acquired Sunridge, a 216-unit multifamily community in Las Vegas, for $38.5 million, marking the Florida-based multifamily investment firm’s entry into the...
Avanath Capital Management expands Southern California footprint with acquisition of a 44-unit family-oriented multifamily...
Avanath Capital Management, LLC, a multifamily owner and operator that focuses on market rate and affordable housing, announces its recent acquisition of Yorba Linda...
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...