Thursday, April 25, 2024

Deal boom

Apartment deals, mergers and acquisitions

Vero Beach Apartments

Marcus & Millichap Facilitates $2.35M Sale of Vero Beach Apartments

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of Vero Beach Apartments in Vero Beach, Florida, for $2,350,000. “The Vero Beach...
The Jayne

CIM Opens Affordable Apartment Complex The Jayne in LA’s West Adams Neighborhood

CIM Group has opened The Jayne, a 69-unit, six-story apartment building with six units designated as affordable and approximately 5,453 square feet of ground-floor retail. The Jayne is an infill housing development bringing new apartments...
Alameda

The Housing Authority of the City of Alameda Announces Construction Has Commenced for The...

The Housing Authority of the City of Alameda (AHA) is pleased to announce that over 100 new affordable homes are coming to the City of Alameda via two new housing developments (The Estuary I...
Firefly Park

Wilks Development and Frisco EDC Announce Partnership for Firefly Park to Bring 1,970 Rental...

Wilks Development and Frisco Economic Development Corporation signed a development agreement that launches Phase One of construction and development for Firefly Park. The project is a 242-acre mixed-use, master-planned development including 159 acres owned by...
Bergen Circle

The Michaels Organization and MassHousing Announce the Extensive Renovation of the 201-Unit Bergen Circle...

Mayor Domenic Sarno, The Michaels Organization, and MassHousing celebrated the completion of extensive renovations at the 201-unit Bergen Circle housing community in Springfield, Massachusetts. Michaels, which had taken over ownership and management of the Bergen...
Sagebrush Apartments

The Michaels Organization Hosts Ribbon Cutting for New Affordable Multifamily Community Sagebrush Apartments in...

Fort Lupton Mayor Zo Hubbard yesterday joined executives from The Michaels Organization, the Colorado Housing and Finance Agency, and the Colorado Department of Local Affairs, as well as Fort Lupton residents to celebrate the...
Marshall Street Landing

CVS Health Invests $19.2M in Affordable Housing Development Marshall Street Landing Near Denver Colorado

CVS Health® (NYSE: CVS) announced it has invested $19.2 million through Boston Financial to build 85 new affordable housing units known as Marshall Street Landing in Arvada, Colorado. Made possible through the company's collaboration with...
James Bon Apartment

Cushman & Wakefield Advises Sale of James Bon Apartment Community in Popular Seattle Urban...

Cushman & Wakefield announced the firm has arranged the sale of the James Bon Apartments, a freestanding three-story multifamily building plus basement located in the popular urban hub of 85th and Greenwood in north...
Mark-Taylor Residential

Mark-Taylor Residential Announces Brand-New Multifamily Communities in the Greater Phoenix Area

Mark-Taylor Residential (MTR) proudly announces management of three communities that combine the best of luxury, convenience and its signature feeling of home. The M (pictured above) is a Lower North Valley luxe mid-rise community in...
Alexander Park

JLL Represented a Latin American Joint Venture on Their First Build-to-Rent Acquisition Alexander Park...

JLL Capital Markets announced that it helped arrange a credit facility for Alexander Park, a newly built, 95-unit, build-to-rent townhome community in Kissimmee, Florida. JLL worked on behalf of the borrower, a joint venture between CFB...
REVA

ANF Group Celebrates Topping Out of REVA in Fort Myers Florida

ANF Group, a full-service construction firm providing construction management, general contracting, development, and design-build services to the South Florida market, celebrates the topping out of REVA, a 255-unit gated luxury multifamily community located on...
Watershed

New Evergreen Impact Housing Fund, GMD Development Project Watershed Brings 145 Affordable Housing Units...

The Evergreen Impact Housing Fund (EIHF) and GMD Development are pleased to announce the grand opening of the Watershed apartment community. The units are designed to be affordable to families earning 50-60% of King County's...
Euclid Villas

Community Preservation Partners Acquires 42-Unit Affordable Housing Project Euclid Villas in El Centro California

CPP (Community Preservation Partners) has acquired Euclid Villas, a 42-unit multifamily property in El Centro, California, with plans to renovate and retain the asset as an affordable housing project. The acquisition was made in partnership with...
LaTerra

LaTerra Burbank Will Deliver a 573-unit Mixed Use Multifamily Property to Northern Los Angeles

Burbank’s vibrant downtown core is evolving as a sought-after mixed-use environment with the coming addition of close to 1,000 housing units and hotels from LaTerra Development, LLC. These new LaTerra Burbank developments are part...
52 at Park

Lincoln Avenue Communities Breaks Ground on Affordable Housing Development 52 at Park in Orlando

Lincoln Avenue Communities (LAC), a mission-driven acquirer and developer of affordable housing, broke ground on the future site of 52 at Park in Orlando, Florida during a ceremony with LAC leaders, local lawmakers and...
Yield PRO