Thursday, April 25, 2024

Deal boom

Apartment deals, mergers and acquisitions

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...
The Arrowood Charlottesville

Griffin Capital Company and GW Real Estate Partners Break Ground on The Arrowood Charlottesville...

GW Real Estate Partners, a vertically integrated multifamily construction and development firm, along with joint venture partner Griffin Capital, announce the financing and construction of The Arrowood Charlottesville, a new Class A apartment community...
Hangar at Thunderbird

Decron Acquires Class A Multifamily Community Hangar at Thunderbird in Phoenix for $69M

Decron Properties has acquired Hangar at Thunderbird, a 266-unit gated luxury multifamily community located in Glendale, Arizona for $69 million. Decron acquired Hangar at Thunderbird for $260,000 a unit, far below the average cost of...
Aloft at the Glen Town Center

Daniel Management Group Announces New Management of Aloft at the Glen Town Center

Daniel Management Group, a Chicago-based real estate firm focused on multifamily investment and management, announces new management of Aloft at the Glen Town Center in Glenview, Illinois. “Aloft at the Glen Town Center is an...
140th Street

Marcus & Millichap Facilitates $12.6M Sale of Four Multifamily New York Properties on 140th...

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced the sale of a 109,157-square-foot portfolio of four buildings located on 140th Street in...
Sixteen30

Wingspan Development Announces Sale of Sixteen30, a 284-Unit Luxury Rental Community in Chicago’s Southwest...

Wingspan Development Group, a national development firm, announced the sale of Sixteen30, a Class A apartment community of 284 units it developed in Plainfield, Illinois, about 40 miles southwest of Chicago. Menomonee Falls, Wis.-based...
Westminster Village Arms

MassHousing Financing Announces $94M in Refinancing for the Preservation of Affordability and Substantial Property...

MassHousing announced that residents living at the 432-unit Westminster Village Arms in Lowell will have their affordable rents preserved for the long term and see approximately $20 million in property improvements as a result...
Laura Street Trio

Red Oak Capital Holdings Provides $6.3M to Refinance Jacksonville Adaptive Reuse of Laura Street...

Red Oak Capital Holdings, LLC has provided $6.3 million to refinance Laura Street Trio, a collection of assets in the core of Downtown Jacksonville, Florida. The structures, considered to be among the most significant and...
Tuscany at Gabriella Pointe

Frankel Family Trust Announces 760-Unit Luxury Apartment Community Tuscany at Gabriella Pointe Breaks Ground...

The Frankel Family Trust – a privately-owned, multifamily property developer and owner – came together with Gilbert Mayor Brigette Peterson as well as general contractor CHASSE Building Team and other community and business leaders...
Rêve at Avondale Station

Trilogy Investments Announces Construction for Build-To-Rent Community Rêve at Avondale Station Has Commenced

Trilogy Investment Company, a leader in Build-To-Rent (BTR) community development, announces that land development at Rêve at Avondale Station in Avondale, Arizona, is underway. The 107-home BTR community, developed in collaboration with Pinnacle Partners, is...
Bellfort Plaza Apartments

Avatar Financial Group LLC Provides $6.5M for Bellfort Plaza Apartments in Southeast Houston

Avatar Financial Group LLC, a Seattle-based national hard money bridge lender for commercial real estate, has provided $6.5 million in financing for the 154-unit Bellfort Plaza Apartments. The multifamily community is situated in the...
Obsidian Capital Partners

Starwood Impact Investors Closes Investment in Obsidian Capital Partners

Starwood Impact Investors, a return-driven investment platform managed by Starwood Capital Group that is dedicated to investing in commercial real estate opportunities controlled by underrepresented partners, announced it has completed its inaugural investment in...
Sunrise of Oceanside

Sunrise of Oceanside Celebrates New Contemporary Community Offering Personalized Care and Vibrant Lifestyle to...

Sunrise Senior Living, a pioneer in personalized senior living services, proudly announces the grand opening of its newest community, Sunrise of Oceanside, situated at 4845 Mesa Drive in Oceanside, California. With a rich legacy spanning...
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