Friday, April 19, 2024

Deal boom

Apartment deals, mergers and acquisitions

Eagle Pointe Apartments

Gantry Secures $40.5M Permanent Financing for Eagle Pointe Apartments in Albany Oregon

Gantry, the largest independent commercial mortgage banking firm in the U.S., has secured a $40.5 million permanent loan to retire construction financing for the recently completed and now stabilized class-A apartment project Eagle Pointe...
Arcadia Gardens

Cushman & Wakefield Advises Sale of 76-Unit Arcadia Gardens Apartments in Phoenix for $14.75M

Cushman & Wakefield announced the firm has brokered the sale of Arcadia Gardens, a 76-unit apartment community in Phoenix, Arizona. The asset was acquired by CSLC Housing Acquisitions for $14.75 million, the seller was an...
Sylvan Woods Evesham

Pre-Leasing is Now Open for Sylvan Woods Evesham Active Adult 55+ Apartment Community in...

Sylvan Woods Evesham, the area's first Active Adult 55+ apartment community, is under construction and is now accepting preleases for residents. "Sylvan Woods Evesham is designed with resort-style amenities, ample social options and the space...
Oradell Apartments

SAGE Announces Sale of 24-Unit Garden-Style Apartment Complex Oradell Apartments in New Jersey

SAGE Investment Real Estate Advisors has announced the sale of a 24-unit garden-style Oradell Apartments in Oradell, New Jersey for an undisclosed price. The firm’s partners and co-founders Greg Pine and Steve Tragash managed the...
The Evergrove

Leon Capital Announces Pre-Leasing for The Evergrove Apartments in North Austin

Leon Multifamily is thrilled to announce pre-leasing for its newest highly anticipated luxury residential community The Evergrove exquisite apartment homes, located just north of Austin in Leander, Texas will begin this spring. "We are excited...
Homestead at Boulder City

The Bascom Group Picks Up 72-Unit Senior Housing Property Homestead at Boulder City in...

The Bascom Group LLC has acquired Homestead at Boulder City, a 72-unit, senior housing property in Boulder City, Nevada, for $3.05 million or $42.4k per unit. Homestead at Boulder City sits on 6.39 acres, has...
Gardens Vista Apartments

Vista Residential Partners Receives City of Palm Beach Gardens Approval for New Luxury 221-unit...

Vista Residential Partners, a national multifamily development firm headquartered in Atlanta, Georgia received City of Palm Beach Gardens, Florida, approval for luxury 221-unit multifamily development, to be known as Gardens Vista Apartments. Located at the...
Covenant Gardens

Covenant Gardens Senior Apartments Affordable Housing Project Coming Soon to Southeastern Memphis

Christian Church Homes (CCH), in collaboration with New Covenant in Christ Ministries, Inc. (NCIC), is proud to announce the launch of the Covenant Gardens Senior Apartments project. This groundbreaking venture marks a significant stride...
Alta Westinghouse Townhomes

Wood Partners Breaks Ground on Alta Westinghouse Townhomes Near Austin Texas

Wood Partners, a national multifamily real estate development leader, proudly announces that construction is underway at Alta Westinghouse Townhomes in the Austin MSA. Located at 3225 Westinghouse Road, between the major arteries of IH-30 and...
Ebtide

CBRE Trades 12-unit Ebtide Apartments in Costa Mesa for $5.75M

CBRE arranged the sale of a 12-unit multifamily property, Ebtide, in Costa Mesa for $5.75 million to a private investor. The selling price represents $753 per square foot and over $479,000 per unit. It...
Stella at Five Points

Upcoming 325-unit Stella at Five Points Apartments Spotlights Artistry in Huntsville Alabama

Set to open this summer, Stella at Five Points, a four-story, 325-unit mixed-use building, is the first development of its kind in Huntsville, Alabama’s Five Points neighborhood. Zac Gibbs, executive vice president of development at...
National Equity Fund

NeighborWorks Capital and National Equity Fund Announce LIHTC Equity Fund to Empower Partner Organizations

NeighborWorks Capital, a national non-profit Community Development Financial Institution (CDFI), has partnered with National Equity Fund (NEF), a leading non-profit multifamily, affordable, real estate investment manager, to launch the NeighborWorks Capital Equity Fund. "The idea...
Edge at Donaghey

Cushman & Wakefield Arranges Sale & Financing of The Edge at Donaghey Apartment Community

Cushman & Wakefield announced that the commercial real estate services firm has arranged the sale and financing of The Edge at Donaghey, a 120-unit and 432-bed apartment community located at 530 S Donaghey Avenue...
The Lodge at Mallard's Landing

Northmarq Secures $35M Refinance of 147-unit Senior Living Community The Lodge at Mallard’s Landing...

Stuart Oswald, senior vice president/managing director of Northmarq’s Seattle office arranged the $35 million refinance of The Lodge at Mallard's Landing. The Lodge at Mallard's Landing is a 147-unit private pay independent living, assisted living...
Village at San Tan

Vertical Construction Begins on Village at San Tan Apartment Community Near Phoenix

Empire Group of Companies announces the beginning of vertical construction at Village at San Tan, located on the Southeast corner of Gantzel Road and Combs Road in San Tan Valley, Arizona. “Due to a variety...
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