Tag: News
Interra Realty brokers largest year-to-date multifamily sale in Chicago’s West Rogers Park Neighborhood
Interra Realty, a Chicago-based commercial real estate investment services firm, today announced it brokered the sale of 6415-25 N. Richmond St., a 37-unit rental...
Mesa West Capital originates $40.875 million loan for multifamily acquisition in Henderson NV
Mesa West Capital has provided The ConAm Group with $40.875 million in short-term, first mortgage debt for the acquisition and repositioning of South Valley...
Levin Johnston successfully directs over $360 million in 1031 exchange transactions this year to...
Levin Johnston of Marcus and Millichap, one of the top multifamily brokerage teams in the U.S. specializing in wealth management through commercial real estate...
Greystar announces $2 billion final close for 10th U.S. Multifamily Value-Add Real Estate Fund
Greystar Real Estate Partners, LLC (“Greystar”), a global leader in the investment, development and management of high-quality rental housing properties, announced, on behalf of...
JLL closes $39.5 million sale of Northern New Jersey apartments
JLL announced today that it has closed the $39.5 million sale of Morris Crossing Apartments, a 123-unit, garden-style apartment community in Morristown, New Jersey. JLL...
192-unit, value-add apartment complex in Sierra Vista, AZ sells for $13,912,500
Montego Bay Apartments, a 192-unit complex located at 409 S. Lenzner Avenue in Sierra Vista, Arizona, has sold for $13,912,500. The seller was CW...
43-unit apartment community in downtown Phoenix’s Coronado Historic District trades for $7.5 million
CBRE has completed the sale of the 43-unit Coronado 137 apartment community in Phoenix. Equity Advantage, Inc., an Oregon-based 1031 exchange buyer acquired the...
JLL closes sale of Northwest Houston apartment community
JLL announced today that it has closed the sale of Steeplecrest, a 260-unit, garden-style apartment community in Northwest Houston’s Jersey Village submarket. JLL marketed the...
Cushman & Wakefield arranges $48.2 million sale for Brand Properties and Mariner Group
Cushman & Wakefield has arranged the $48.2 million sale of The Ellis, a 235-unit apartment community located in Savannah, Georgia. Robert Stickel, Taylor Bird...
JLL closes $58.85 million sale, $45.9 million financing of Maryland apartments
JLL announced today it has closed the $58.85 million sale and $45.9 million financing of Palette at Arts District, a 243-unit multihousing community located...
JLL arranges $38 million sale, $27.4 million financing of Echelon at Middletown
JLL announced today that it has closed the $38 million sale and arranged $27.4 million in financing for Echelon at Middletown, a 210-home, garden-style...
Gelt, Inc. sells 400-unit apartment property for $92 million after a three-year hold in...
Gelt, Inc., a Los Angeles-based real estate investment and asset management firm, is pleased to announce the $92 million sale of Westhills Apartment Homes,...
JLL closes sale of Charlotte apartment community
JLL announced it has closed the sale of Alta Prosperity Village, a recently completed, 292-unit apartment community in Charlotte, North Carolina. JLL marketed the property...
Franklin Street negotiates $14.8 million multifamily asset sale in Orlando MSA
Franklin Street has negotiated the sale of Bridgewater Pointe Apartments, a 100-unit rental community located in Melbourne, Fla., approximately 60 minutes southeast of Orlando. Darron...
Cushman & Wakefield brokers sale of Jacksonville’s Park Village to Navarino and Mayfair
Cushman & Wakefield has arranged the sale of Park Village Apartments, a 120-unit, garden-style multifamily community in the Jacksonville MSA. Executive Directors Mike Donaldson and Nick Meoli of Cushman & Wakefield’s...