Tag: News
$17.4 million sale of multihousing community in Milwaukee
JLL Capital Markets announced that it has closed the $17.4 million sale of Freshwater Apartments, a 76-unit, mixed-use apartment building in the Harbor District...
Franklin Street arranges $34 million sale of value-add multifamily property on Florida’s East Coast
Franklin Street has arranged the sale of Paradise Cay Apartments, a 197-unit, 216,466-rentable-square-foot multifamily property in Melbourne, Florida, for $34 million, or $172, 588...
The Hoffman Company brokers 18-acre parcel in Riverside, California, for mixed-use development
The Hoffman Company, recently brokered the sale of a 482-unit apartment project on approximately 18 acres, part of a larger 35-acre mixed-use development called...
TruAmerica Multifamily acquires ~1,500 apartment units
In three separate transactions TruAmerica Multifamily has closed on five suburban apartment communities representing nearly 1,500 units. The assets are located in Orlando, Fla.,...
JLL secures $585 million financing for mixed-use development in Boston
JLL’s Capital Markets group announced that it has arranged $585 million in construction financing for a mixed-use project consisting of 580,905 square feet of...
Cushman & Wakefield arranges sale of Seleno at Bridge Street
Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of Seleno at Bridge Street, a 244-unit multifamily property located...
Joint Venture of PCCP, LLC and Grand Peaks acquires newly developed two-property multifamily portfolio...
A joint venture of PCCP, LLC and Grand Peaks has acquired a two-property multifamily portfolio totaling 696 units—both of which completed construction earlier this...
Odyssey Properties Group continues bullish Florida expansion with acquisition of two multifamily communities totaling...
Odyssey Properties Group, a multifamily investment sponsor and private equity real estate firm based in Los Angeles, has acquired two multifamily communities in Florida...
Decron Properties acquires 216-unit multifamily property in Phoenix Metro for $91 million
Decron Properties has acquired The Wyatt, a 216-unit garden-style apartment community in the Phoenix submarket of Gilbert, Arizona, for $91 million. It is the...
Marcus & Millichap negotiates the sale of a 65-unit multifamily complex for $11.65 million
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of City...
$75 million in refinancing secured for Long Beach multihousing community
JLL Capital Markets announced that it has arranged the $75 million refinancing for The Landing at Long Beach, a 206-unit garden-style apartment community in...
JLL’s Valuation Advisory group expands multihousing practice with addition of Nik Bex
JLL’s Valuation Advisory group announced that it has hired Nik Bex, MAI, as Executive Vice President in its Chicago office. Bex will focus on...
Cushman & Wakefield arranges sale of Mobile 625 Portfolio
Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of three Mobile multifamily communities that comprise the Mobile 625...
ECI Group announces $625 million portfolio refi
ECI Group has closed a $625 million refinance of a 13-asset portfolio of multifamily assets through Goldman Sachs Bank USA, fueling ECI’s reinvestment in...
NMHC and NAA statement on Biden Administration plan to increase housing supply
The National Multifamily Housing Council (NMHC) and National Apartment Association (NAA) applaud the Biden administration for continuing to recognize the nation’s critical shortage of...
