West Shore Acquires Preserve at Essex Farms in Charleston and Surpasses 15,000 Units
West Shore, a fully integrated real estate investment firm with a specific focus on the acquisition and management of multifamily assets, announced its acquisition of The Preserve at Essex Farms in Charleston, South Carolina.
The...
Marcus & Millichap Facilitates $13.26M Sale of 28th Street Astoria Multifamily Property
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of a multifamily property in Queens, New York, for $13,262,500. The property...
The Michaels Organization Reveales New Affordable Senior Housing Community to Replace Ablett Village in...
The Housing Authority of the City of Camden (HACC), The Michaels Organization, and the New Jersey Housing and Mortgage Finance Agency (NJHMFA) cut the ribbon on the second of four phases in the $165...
Marcus & Millichap Sells Three-Property Multifamily Portfolio Steps Away from Central Park on 111th...
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of 111th Street Multifamily Portfolio in New York for $5,650,000.
The 111th Street...
Marcus & Millichap Sells 57-Unit Memorial Highway Apartments in North Miami for $9.75M
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Memorial Highway Apartments, in Miami, Florida for $9,750,000.
“Through Marcus & Millichap’s unique platform, we were able to attract buyers from all over the country to compete for the Memorial Highway Apartments. It was ultimately a local, first-time buyer who successfully closed on the transaction. We congratulate the seller on a successful investment and wish the buyer luck with this asset,” said Felipe Echarte, senior vice president investments.
Echarte, Evan Kristol, and Nicholas McAndrew, investment specialists in Marcus & Millichap’s Fort Lauderdale office, had the exclusive listing to market the property on behalf of the seller and secured the buyer, a private investor.
Located at 15201 Memorial Highway, the 36,050-square-foot, 57-unit multifamily building is situated between North Miami and North Miami Beach, in the Biscayne Gardens neighborhood.
The property is near Florida International University’s Biscayne Bay campus, Barry University, and just one mile from Jackson North Medical Center. Approximately 10 miles north of Downtown Miami sits Biscayne Gardens East, a large suburb with versatile rental options ranging from studio apartments to condos. Commuters appreciate...
Marcus & Millichap Sells Shovel-Ready Little Havana Multifamily Site 315 Urban Flats for $10M
Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of a fully approved development site, 315 Urban Flats, in Miami, Florida....
80-Unit Affordable Senior Housing Ilda’s Overlook Opens in Fairfax
Arlington Partnership for Affordable Housing (APAH), the Fairfax County Redevelopment and Housing Authority (FCRHA), and Fairfax County officials celebrated the opening of Ilda’s Overlook Senior Residences in Fairfax, Virginia providing 80 affordable homes for...
Greenpoint Landing Celebrates Opening of 22-Story Tower Offering 374 Affordable Apartments on Commercial Street...
Greenpoint Landing Associates, an affiliate of Park Tower Group, celebrated the opening of 35 Commercial Street, a 22-story brick tower in Greenpoint. The development offers 374 permanently affordable apartments, with 57 units designated for...
Agent PHL Brokers Multifamily Investment Sale on Cambridge Street in Philadelphia
On behalf of The Seller, Agent PHL has formally announced the sale and settlement of 1710 Cambridge Street in Philadelphia, Pennsylvania. The investment sale was brokered by Ryan McManus, principal of Agent PHL at...
Jefferson Apartment Group Delivers J. Ardin Luxury Multifamily Community in Greater Orlando
Jefferson Apartment Group (JAG) has delivered its second new development of 2024, J. Ardin at Apopka in the Greater Orlando area. The luxury multifamily community features 304 units in a picturesque, 16-acre lakefront setting.
“The...
ARK Homes For Rent Announces Acquisition of Two New Build-to-Rent Communities, Oak Haven and...
ARK Homes For Rent™, a leading single-family rental and build-to-rent (SFR/BTR) operator, announces the acquisition of two new BTR communities in Florida, Oak Haven and Ormond Grande.
Located in the sought-after Tampa suburb of Riverview,...
Governor Hochul Announces Completed Expansion of 70-Unit Manhattan Avenue Senior Apartments Development in Westchester...
Governor Kathy Hochul announced the completion of the 70-unit Manhattan Avenue Senior Apartments in the town of Greenburgh, Westchester County.
“The transformation of the Manhattan Avenue Senior Apartments will help seniors access safe, secure, and...
CIM Group Announces the Sale of Mason at Van Dorn Apartments in Alexandria Virginia
CIM Group announces it has sold Mason at Van Dorn, a 1,180-unit apartment community in Alexandria, Virginia.
The Washington Business Journal reported the sale to a partnership of Shoreham Capital and Bridge Investment Group Holdings,...
Lendlease’s New York Construction Group Completes Affordable Senior Housing Development Garden Towers in the...
Lendlease, a leading global real estate and investment management group, announced the completion of Garden Towers, an affordable senior housing community in the Bronx Morrisania neighborhood. Developed by Foxy Management, in partnership with HANAC,...
Oak Row Lands $181M Construction Loan for 2600 Biscayne Miami Office and Multifamily Tower
New York and Miami-based Oak Row Equities, led by Erik Rutter and David Weitz, has closed on a $181M construction loan from Bank OZK for 2600 Biscayne Boulevard, a 41-story Class AAA office and multifamily...