Tag: News
Multihousing community refinanced for $16 million in Jacksonville, Florida
JLL Capital Markets announced that it has arranged a $16 million refinancing for Canopy Place, a 150-unit, townhome-style multihousing community in Jacksonville, Florida. JLL worked...
Fastest home building activity continues in suburban, exurban communities
Residential construction continued to shift toward the suburbs and lower-cost markets, and this trend is especially pronounced within the multifamily sector, according to the latest Home...
FCP expands Atlanta footprint with $116 million investment in three apartment acquisitions totaling 808...
FCP has announced its acquisition of three Atlanta-area apartment communities within the past three weeks, marking the company’s fourth, fifth and sixth Atlanta apartment investments...
Cushman & Wakefield arranges $41.25 million sale on behalf of Coastline Management Group Inc....
Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of Parc Place Villas, a 300-unit apartment community located...
ABI Multifamily brokers South Glendale 276-unit multifamily apartment community for $42 million
ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $42,000,000 / $152,174 Per Unit...
Decron Properties acquires multifamily community in Tempe for $106.5 million
Decron Properties continued its rapid expansion into the Phoenix MSA with its acquisition of Broadstone Grand, a 300-unit multifamily community in Tempe Arizona for...
Residential construction spending continues to rise
The Census Bureau’s report on construction spending shows that the value of residential construction put in place in July was up 27 percent year-over-year. Improvements...
Avison Young arranges the sale of The Gallery, a 10-unit mixed-use property in Laguna...
Avison Young announced it has arranged the sale of The Gallery, a 10-unit mixed-use property located at 326-336 North Coast Highway in Laguna Beach,...
Cushman & Wakefield arranges multifamily sale on behalf of Hudgins Companies and Maverick Development...
Cushman & Wakefield announced the commercial real estate services firm has arranged the sale of Wilder, a 381-unit apartment community located in Austin, Texas. John...
Cushman & Wakefield represents SBD Tradewinds, L.P. in $19.6 million sale
Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale of Shoreline Apartments, a 206-unit apartment community located in...
Institutional Property Advisors closes two Phoenix multifamily asset sales
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sales of The District at Fiesta Park, a 321-unit multifamily asset in...
American Landmark acquires 338-unit transit-oriented apartment community near University of North Carolina at Charlotte
American Landmark Apartments, one of the fastest-growing multifamily owner-operators in the country, announces it has acquired V& Three, a 338-unit apartment community built in...
Tower 16 Capital Partners acquires two multifamily properties in Phoenix for $78.5 million
San Diego-based Tower 16 Capital Partners has acquired two properties across two separate transactions totaling 508 units in Phoenix, Ariz., for a total of...
5815 N. Sheridan sells for $43 million to TLC Management
Kiser Group, Chicago’s leading multifamily brokerage firm, represented both the buyer, TLC Management and seller, Greenstone Property Group, in a $43 million, 188-unit off-market...
Thayer Manca Residential acquires new Washington state property
Thayer Manca Residential (TMR) has purchased Woodbury Apartments, their newest multifamily property in Olympia, Washington. TMR purchased the 127-unit property for $38,500,000. With a $2.3m...
