Friday, April 19, 2024

Deal boom

Apartment deals, mergers and acquisitions

Briarcliffe Apartments and Townhomes

Eastham Capital Provides Equity for 308-Unit Residential Community in Lansing, Michigan

Eastham Capital, a private equity real estate firm dedicated to providing superior, risk-adjusted returns to investors through the transformation of undervalued multifamily real estate, has partnered with Chicago-based Bender Companies, a multifamily owner-operator, in...
The James

Archway Equities and Virtú Investments Acquire Luxury Apartment Community in San Jose, California for...

A joint venture of Archway Equities and Virtú Investments has acquired The James, a 190-unit Class A Apartment Community in downtown San Jose, California for $74.25 million. The James represents Archway’s second significant multifamily investment...
Elements Apartments

$42.7m Construction Take-Out Financing Secured for Multi-Housing Development on the California Central Coast

JLL Capital Markets announced today that it has arranged the $42.7 million pre-TCO construction take-out financing for Elements Apartments, a 167-unit multi-housing community located in Santa Maria, California. JLL represented the borrower, The Vernon Group,...
Sheridan Ridge Townhomes

Affordable Colorado Apartments to Introduce Profit Sharing and Other Wealth Building Features for Renters

Enterprise Community Partners announced today that Sheridan Ridge Townhomes and Willow Green Townhomes, located just outside Denver Colorado and owned by Archway Communities, are the first investments of the Renter Wealth Creation Fund, an...
Nineteen01

TruAmerica Finalizes $103M Purchase of Apartment Complex in Santa Ana, California

TruAmerica Multifamily, a national, institutionally-focused multifamily investment firm, expanded its Southern California portfolio with the $102.9 million purchase of Nineteen01, a 264-unit apartment asset in Santa Ana, CA. The Class A property, which was...
Harbordale Residences

Marcus & Millichap Sells $2.6 Million Multifamily Property

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of Harbordale Residences in Fort Lauderdale, Florida. The property sold for...
Windrift Apartments

Eagle Property Capital Acquires Orlando Apartment Community

Eagle Property Capital Investments acquired Windrift Apartments, a 288-unit apartment community located in Orlando, Florida for an undisclosed amount. Berkadia arranged financing through Fannie Mae. With this acquisition, EPC expanded its footprint in the Orlando...
The Mark at Weatherford

Nova Capital Secures $55.85 Million in Financing for a Multifamily Community in Weatherford, Texas

Nova Capital, a Los Angeles-based real estate capital advisory firm, has secured a combined $55.85 million in financing on behalf of Darwin German Real Estate, a full service real estate investment firm that specializes...
Kelby Farms

Marcus & Millichap Brokers $84.75 Million Multifamily Asset Sale in Raleigh-Durham North Carolina

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of Kelby Farms, a 277-unit multifamily property in Durham, North Carolina....
Gowanus

Ariel Property Advisors Arranges Sale of Gowanus Development Site for $29.5 Million

Ariel Property Advisors has arranged the sale of a 421a vested, mixed-use development site offering 101,852 buildable square feet at 125 3rd Street in the Gowanus neighborhood of Brooklyn for $29.5 million ($290 /BSF)....
Beals Street Brookline

Marcus & Millichap Brokers the $5 Million Sale of Greater Boston Apartments

Marcus & Millichap, a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of Beals Street Apartments, a nine-unit apartment property located at 10...
The Wildwood Apartments

Sale of Newly Built Multi-Housing Community in Houston MSA Closes

JLL Capital Markets announced today that it has closed the sale of and arranged the financing for The Wildwood Apartments, a 300-unit, newly developed, institutional, Class A multi-housing community located in the Houston suburb...
Bainbridge Cary

The Bainbridge Companies Opens Bainbridge Cary in North Carolina

The Bainbridge Companies, a fully-integrated family of real estate companies who engage in virtually every step of the real estate process, from development and construction, acquisition and disposition, to asset management and third-party property...
Dallas Texas

Institutional Property Advisors Leads Multifamily Brokerage Sales in Dallas-Fort Worth

Institutional Property Advisors, a division of Marcus & Millichap, has closed 15 multifamily asset sales valued at $860 million with $1.6 billion currently under contract or in escrow in Dallas-Fort Worth (DFW) to date...
Tavalo Tradition

Berkadia Arranges $37.5M in Acquisition Financing for Tavalo Tradition

Berkadia announces it has arranged the acquisition financing for Tavalo Tradition, a 216-townhome build-to-rent community located on one of the last developable parcels of land within the Tradition Master Planned Community in Port St....
Yield PRO