Tag: News
FCP acquires 304-unit Park 35 Apartments in Decatur, Georgia for $40.5 million
FCP announces the $40.5 million acquisition of Park 35 Apartments, a 304-unit garden apartment community at 3529 Robins Landing Way in Decatur, GA. FCP has...
Institutional Property Advisors brokers sale and arranges financing for North Phoenix multifamily asset
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Brookfield, a 124-unit multifamily asset in Phoenix, Arizona. The property...
Florida multihousing development site sells for $9 million
JLL Capital Markets announced that it has closed the $9 million sale of an off-market, shovel-ready, 180-unit apartment development site in Sarasota, Florida. JLL represented...
The Mogharebi Group brokers $9.25 million sale of 92-unit multifamily community in Monterey County,...
The Mogharebi Group (TMG) has arranged the $9.25 million sale of Plaza Grande, a 92-unit multifamily community in Salinas, Calif. TMG represented the Monterey-based...
Institutional Property Advisors closes $64.65 million multifamily asset sale in Mesa
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Dana Park, a 222-unit apartment property in Mesa, Arizona. The...
iBorrow provides financing to support acquisition and strategic upgrades of student housing asset in...
iBorrow, a nationwide private direct lender for commercial real estate, has provided financing to Hawkwood Ventures LLC, a national commercial real estate investor, for the acquisition of a 140-bed, four-story student housing asset which serves students attending the University of...
Berkadia arranges $27.7 million in equity for GW Real Estate Partners to develop Class...
Berkadia announces it has sourced a joint venture equity partner for GW Real Estate Partners, a vertically integrated multifamily development and construction firm, to...
Trion acquires 160-unit community in Savannah, Georgia submarket for $38.45 million
Trion Properties, a multifamily investment sponsor and private equity real estate firm based in West Hollywood, California and Miami, Florida, has announced two key...
Leading Swiss investment firm Lurra Capital completes $42.5 million multifamily acquisition in Miami
Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of Blume Coral Gables, a 100-unit apartment community located in...
Capital Square acquires luxury multifamily community near Louisville for DST offering
Capital Square, one of the nation’s leading sponsors of tax-advantaged real estate investments and an active developer of multifamily communities, announced the acquisition of...
Weak report on construction employment in September
The latest Employment Situation Report from the Bureau of Labor Statistics stated that employment in apartment operations jobs was higher in September than reported...
Gortikov Capital arranges $141.4 million recapitalization for affordable multifamily portfolio in Santa Monica, California
Gortikov Capital announced that it has arranged a $141.4 million recapitalization of the Samo Apartments Portfolio, an 11-property, 399-unit affordable multifamily residential portfolio located...
NAA and NMHC statement on Biden Administration’s progress in implementing its Housing Supply Action...
The National Apartment Association (NAA) and National Multifamily Housing Council (NMHC) applaud today’s announcement by the Biden administration, emphasizing additional steps they are taking...
The Multifamily Group sells 32-unit multifamily asset in Austin
The Multifamily Group (TMG), a Dallas-based commercial real estate brokerage firm, announced this week that it had facilitated the sale of Elm Park Apartments,...
Institutional Property Advisors facilitates $73.25 million Las Vegas multifamily asset sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Monterra, a 344-unit multifamily property in Las Vegas, Nevada. The...
