Tag: News
Stonebridge acquires 242-unit Durham, NC apartment community for $56 million
StoneBridge Investments of Washington, DC, has acquired Haven at Patterson Place, a 242-unit rental apartment community in Durham, NC, for $56.2 million. Howard Jenkins...
ABI Multifamily brokers 21-unit South Scottsdale multifamily apartment community for $7 million
ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $7,000,000 / $333,333 Per Unit...
$37 million in refinancing secured for a multihousing portfolio in Florida
JLL Capital Markets announced that it has arranged refinancing in the aggregate amount of $37 million for a four-property, 460-unit multihousing portfolio located in...
Haven Realty Capital surpasses $1.1 billion in build-to-rent portfolio value
Haven Realty Capital, one of the most active investor/operators of build-to-rent (BTR) communities in the United States, has surpassed $1.1 billion in controlled BTR...
FCP announces $56.2 million sale of Haven at Patterson Place apartments in Durham, North...
FCP announces the sale of Haven at Patterson Place apartments in Durham, NC for $56.2 million. The 242-unit apartment community was acquired by FCP in...
American Landmark acquires Charlotte apartments
American Landmark Apartments, one of the fastest-growing multifamily owner-operators in the country, announces it has acquired the Delaney Apartments in Concord, a suburb to...
Stepp Commercial completes $6.3 million sale of a 16-unit apartment property in the 4th...
Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $6.3 million sale of a 16-unit apartment property located...
January apartment market conditions show improvement
Apartment market conditions generally improved according to the National Multifamily Housing Council’s Quarterly Survey of Apartment Market Conditions for January 2022. The Market Tightness...
Middleburg Communities welcomes Heath Flowers as Chief Technology Officer
Middleburg Communities welcomes Heath Flowers as Chief Technology Officer, with overall responsibility for technology operations and strategies for the company. His primary responsibilities include...
SB Real Estate Partners acquires Bloom 24 Apartments in Phoenix for $34.2 million
SB Real Estate Partners (SBREP) has acquired Bloom 24, a 114-unit garden style multifamily community in Phoenix, Arizona for $34.2 million. While recently selling two...
Kiser Group brings The Mabel Exchange to market in Edgewater
Kiser Group, Chicagoland’s leading multifamily brokerage firm, presents the sale of The Mabel Exchange. Located at 5920 N. Ridge Avenue, The Mabel Exchange is...
Marcus & Millichap arranges the sale of a 14-unit apartment building in Lisle, Illinois
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research, and advisory services, announced the sale of 1014...
Institutional Property Advisors brokers Fort Worth multifamily asset sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Alexan Summit, now known as The Drake on Summit, a...
$23.2 million in refinancing secured for a multihousing community near Albany
JLL Capital Markets announced that it has arranged a $23.2 million refinancing for Elm Estates, a 197-unit multihousing community located near Albany in Selkirk,...
CBRE arranges sale of 304-unit multifamily community in Milford, MA for $87 million to...
CBRE announced that it has arranged the $87 million sale of Rolling Green Apartments, a 304-unit garden style apartment community, located at 1 Rolling...