Tag: News
Interra Realty brokers $2 million sale of multifamily property in Melrose Park, Illinois
Interra Realty, a Chicago-based commercial real estate investment services firm, announced it brokered the sale of a 29-unit multifamily property in Melrose Park, Ill....
The Mogharebi Group arranges $50 million sale of 237-unit multifamily community in Central California
The Mogharebi Group (TMG) has brokered the sale of Oak View Apartments, a 237-unit garden-style multifamily community in Visalia, Calif., for $50 million. The...
New Jersey multihousing community secures $11 million financing
JLL Capital Markets announced that it has arranged $11 million in permanent financing for Rahway Plaza Apartments, a two-building, 288-unit high-rise apartment community located...
Single-Family construction slows in post-Covid hot markets
The big jump in single-family home building activity that occurred in the aftermath of the COVID-19 pandemic in large metro outlying counties and exurban...
ABI Multifamily brokers 59-unit Midtown apartment community for $21.5 million
ABI Multifamily, the leading multifamily brokerage and advisory services firm in the Western US, is pleased to announce the $21,538,462 / $365,059 per unit...
$99.5 million financing secured for Chicago trophy apartment tower acquisition
JLL Capital Markets announced that it has closed the $99.5 million financing of The Elle, a 496-unit, trophy, high-rise multihousing community in the South...
RADCO acquires Solis Reynolds Place in Atlanta; Multifamily property rebranded as Lyra by Radius
The RADCO Companies (RADCO), one of the nation’s leading opportunistic real estate developers, announced the acquisition of Solis Reynolds Place, a newly constructed 228-unit...
Institutional Property Advisors negotiates Tempe apartment property sale
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of La Serena, a 160-unit multifamily asset in Tempe, Arizona. “Located in...
Zillow’s hot housing takes for 2023
Midwestern markets will heat up, and more friends and family members will pool their money to buy homes together in 2023, as people look...
Trophy Northern Virginia multihousing community trades for $141 million
JLL Capital Markets announced that the $141 million sale of The Avant, a 359-unit, trophy multihousing community located in Reston, Virginia, has closed. JLL represented...
Age-restricted multihousing community in Central New Jersey trades for $29.9 million
JLL Capital Markets announced that it has closed the $29.9 million sale of Royal Pines at Marlboro, an 89-unit 55+ multihousing community in Englishtown,...
FCP partners again with Avanti Residential, acquiring Omnia on Thomas Apartments in Phoenix, Ariz....
FCP and joint venture partner Avanti Residential announce the $65 million acquisition of Omnia on Thomas, a 382-unit garden apartment community at 1645 E. Thomas...
Institutional Property Advisors brokers sale of Orange County multifamily asset
Institutional Property Advisors (IPA), a division of Marcus & Millichap, announced the sale of Foxborough Apartments, a 90-unit apartment complex in Orange, California. The...
JLL completes acquisition financing of ultra-luxury Downtown Los Angeles multihousing tower
JLL Capital Markets announced that it has arranged the acquisition financing for THEA at Metropolis, a 685-unit, ultra-luxury, high-rise multihousing community located in Downtown...
The Mogharebi Group brokers $11.25 million sale of 44-unit affordable housing community in Palm...
The Mogharebi Group (TMG) has brokered the sale of a 44-unit garden-style multifamily community in Palm Springs, Calif. for $11.25 million. The buyer of...
