What happened, and who moved.
Dubai real estate sector saw $3.2bn of transactions and 3,531 sales last week, including luxury Jumeirah apartment
Marcus & Millichap closed the sale of 7203 Rubio Ave., a 30-unit multifamily property in the Lake Balboa neighborhood of Van Nuys. The property sold for $9.5 million or $316,667 per unit. Marcus & Millichap Capital Corporation (MMCC), a subsidiary of Marcus & Millichap, secured $6,223,000 in acquisition financing.…
Colliers completed the sale of The Ridge Apartments, located at 1718 West 55th Avenue in Merrillville, Indiana. Morgan Properties acquired the community. The sale was led by the Colliers team of Bryce Wetzel, Tyler Hague, Lauren Stoliar and Ryan Roegner, who represented the owner, Parkmont Group, a real estate…
Northmarq’s San Diego Debt + Equity team led by Conor Freeman and Aaron Beck arranged a $34-million refinance of Northwoods Apartments, a 324-unit garden-style multifamily community located at 1662 W. Arrow Hwy. in Upland. Northmarq arranged the permanent-fixed financing on behalf of the borrower through the firm’s…
JLL has closed the sale of Twelve 501 Apartments, a 336-unit multifamily community in Burnsville, Minnesota. JLL represented the seller, FPA Multifamily and secured the buyer, Osso Capital, marking their first-ever investment in Minnesota. The JLL Capital Markets team was led by Managing Director Josh Talberg,…
CBRE has arranged the sale of Langara, a 134-unit garden-style apartment and townhome community in Issaquah, Washington, for $55.1 million. CBRE represented the seller, JB Matteson, Inc., in the transaction. The buyer was not disclosed. Kyle Yamamoto, Eli Hanacek, Jordan Louie, and Natalie Kasper of CBRE’s Pacific…
Sundance Properties has sealed $25.6 million of construction financing to bring a multifamily development in Alpine, Wyo., across the finish line, Commercial Observer has learned. Izo Capital supplied the 24-month senior construction loan to fund the completion of Phase 1 of the developer’s planned the Flats at…
OHT Partners has begun construction of a 360-unit apartment complex called Park Row at 14192 Park Row Blvd. in Houston. OHT recently broke ground on another project, 5 miles to the west on Park Row Boulevard. Dubbed Park Row, it will have 11 three-story buildings, a clubhouse, a pet spa and a bike storage facility…
New Jersey developer Fadi Samaan has landed $23.5 million of U.S. Department of Housing and Urban Development (HUD)-backed debt to refinance a multifamily complex in Passaic, NJ., Commercial Observer has learned. Dwight Capital supplied the HUD 223(f) loan on the 104-unit Station at Passaic Phase II development,…
Technological features have long been viewed as attraction and retention tools for commercial properties. Now, there’s more to them. In addition to multifamily, mixed-use and hospitality end-users demanding advanced tech for a seamless living experience,...
A new company brings a new name. Two months after multifamily giants AvalonBay Communities and Equity Residential merged to form one of the country’s largest real estate companies — the total enterprise value is calculated at $71 billion — the two firms announced Friday that their new company will be called Vivmark…
Woodfield Development opened the doors to Tides at Palm Bay, a 318-unit, $100 million luxury apartment community in Palm Bay, Florida. Located at 2485 Port Malabar Blvd. NE Palm Bay, it features apartments in two five-story buildings & townhomes, alongside 19,000 square feet of commercial space. The development…
Waterton paid $128.11 million for Franklin’s Wyndchase Aspen Grove development, a high price to pay for a rental community. Despite the sale price, the Nashville Business Journal reports that the seller, Berkshire Residential Investments, lost money on the deal. Berkshire paid $138.1 million for the apartment…
CLIFTON, N.J. — Nashville-based brokerage firm Matthews has negotiated the $4.4 million sale of a portfolio of three contiguous mixed-use buildings totaling 14,500 square feet in the Northern New Jersey community of Clifton. The buildings at 233, 235 and 237 Dayton Ave. house one- and two-bedroom apartments in…
FOLSOM, CALIF. — USA Properties and Strand Financial has sold Talavera, a 293-unit apartment property in Folsom, located outside of Sacramento. New York-based Sentinel Real Estate acquired the property for an undisclosed price. Marc Ross, Eli Hanacek, Joe McNamara and Claire Holt of CBRE represented the sellers in…
RED OAK, TEXAS — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has negotiated the sale of Emerson at Red Oak, a 306-unit apartment community in Red Oak, a southern suburb of Dallas. Built in 2023, the property offers one-, two- and three-bedroom units with an average size of 904 square…
WEST CALDWELL, N.J. — CBRE has arranged a $30.7 million loan for the refinancing of The Vail, a 92-unit apartment building in West Caldwell, about 25 miles outside of New York City. The Vail offers a mix of studio, one- and two-bedroom units, 20 percent of which are reserved as affordable housing, that feature…
CHICAGO — Skender has begun construction on the 500 N. Michigan Ave. adaptive reuse project, which will convert the 400,000-square-foot office tower into 320 apartment units on Chicago’s Magnificent Mile. The project team includes Connecticut-based Commonwealth Development Partners and GREC Architects. Completion…
Scott Everett’s embattled S2 Capital avoided giving up control of a Plano apartment with a June sale. The multifamily syndication firm offloaded Hathaway at Willow Bend Apartments, a 229-unit complex at 2525 Preston Road, the Dallas Business Journal first reported. The property was scheduled to be sold at July’s…
Despite flexing a life of nouveau riche excess and boasts of never taking losses, Dallas-based Tie and Shiloh Booner Lasater were reportedly losing investors money hand-over-fist and leaving residents in derelict apartments. Tie Lasater, who bills himself as the “World’s No. 1 Capital Closer” and tours the globe…
FOLSOM, CALIF. — USA Properties and Strand Financial has divested of Talavera, a 293-unit apartment property in Folsom. New York-based Sentinel Real Estate acquired the asset for an undisclosed price. Marc Ross, Eli Hanacek, Joe McNamara and Claire Holt of CBRE represented the sellers in the deal. According to…
SEATTLE — Nordic Partners Investments has acquired Monticello, a 107-unit apartment property located at 415 Boren Ave. in Seattle’s First Hill neighborhood, for an undisclosed price. Built in 1957, Monticello spans 42,342 net rentable square feet. Dylan Simon, Jerrid Anderson and JD Fuller of Kidder Mathews’ Simon…
Essex Property Trust used its second-quarter earnings report to disclose it had fully resolved the closely watched antitrust claims tied to RealPage’s rent-setting software, absorbing a multimillion-dollar charge that briefly obscured otherwise strengthening operations across its West Coast apartment portfolio.…
Blackstone’s residential platform LivCor is testing buyer appetite for one of Alameda’s largest apartment communities, marketing the 615-unit Summer House with a naturally occurring affordable housing conversion or a continued value-add renovation as the two paths forward. Summer House Apartments, a 1966-vintage,…
New York-based Sentinel Real Estate Corp. closed on the $102.5 million purchase of Folsom’s 293-unit Talavera Apartments, landing the largest local multifamily transaction of the year in a market where deal volume and pricing have both cooled. Sentinel closed escrow July 20 on Talavera, a market-rate community at…
FORT LAUDERDALE, FLA. — Affiliated Development has received a $74 million construction loan for the development of The Cove, a 376-unit, mixed-income multifamily project located on the northwest corner of Sunrise Boulevard and Federal Highway in Fort Lauderdale. Pacific Life Insurance Co. provided the loan for the…
BIRMINGHAM, ALA. — Dobbins Group along with general contractor Capstone Building Corp., both locally based, have completed construction of Colina Hillside in Birmingham. The 475-unit property was designed by Williams… The post Dobbins Group, Capstone Building Corp. Complete Development of Colina Hillside in…
NEW YORK CITY — Eastman Residential and Triangle Capital Group have acquired a three-property portfolio of former student housing communities that will be converted to conventional multifamily assets. JLL arranged… The post JV Secures $38.4M to Acquire Three Former Student Housing Properties appeared first on…
BATON ROUGE, LA. — JLL Capital Markets has arranged a $42.8 million loan to refinance Bend on Bluebonnet, a 301-unit luxury community at 10231 Bluebonnet Blvd. in Baton Rouge. TWG… The post JLL Arranges $42.8M Refinancing for Bend on Bluebonnet in Baton Rouge appeared first on Multifamily & Affordable Housing…
LYNNWOOD, WASH. — Weidner Apartment Homes has sold A’Cappella Apartment Homes in Lynnwood for $112 million. The Puget Sound Business Journal identifies Pacific Urban Investors as the buyer. Kyle Yamamoto,… The post Weidner Sells Puget Sound Asset for $112M appeared first on Multifamily & Affordable Housing Business .
Interbud-Lublin przez spółkę zależną - Apartments Inwestycje kupił za ok. 5,1 mln zł netto grunt w centrum Lublina o łącznej powierzchni ok. 0,12 ha. Działka jest zabudowana budynkami mieszkalnymi.
CBRE arranged the sale of 901 Ocean Ave., a 28‑unit coastal multifamily investment property located along Santa Monica’s Ocean Avenue corridor. The property sold for $23.46 million to a private local investor, with the buyer also assuming approximately $2.4 million in transaction-related obligations, bringing the…
Marcus & Millichap announced the sale of a 134-unit multifamily portfolio in Berwyn and Maywood, Illinois. “This transaction highlights the continued demand for multifamily assets in western Cook County, where investors remain attracted to strong suburban fundamentals and convenient access to Chicago,” said Sam…
YSA Investments, an entity controlled by a former arms dealer and the inspiration for the 2016 film War Dogs, Efraim Diveroli, filed for Chapter 11 bankruptcy in Delaware in the middle of a multistate fight over control of a more than 25-property portfolio. The...
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Michael Shah’s Delshah Capital is back at it again with another multi-address, multifamily acquisition. The real estate private equity and asset management firm paid Quality Capital USA $36.9 million for five residential buildings just west of Central Park on Manhattan’s Upper West Side, according to property…
Campus Village Apartments, a 41-unit apartment community located at 925 E. 18th Avenue in Ellensburg, Washington, has sold for $4.5 million. Kidder Mathews Vice President Max Frame of the Simon Anderson Multifamily Team represented the seller in the transaction. The buyer is a Moses Lake-based investor expanding…
Hudson Investing has secured $52.1 million in acquisition financing for Maple Knoll Apartments, a 300-unit garden-style multifamily complex just outside Indianapolis, Ind., Commercial Observer can first report. Torchlight Investment provided the equity, while Northmarq structured the full capital stack for the…
X Capital has started work on a mixed-use development in Melissa, just outside McKinney. The Dallas Business Journal reports the company is bringing new retail and office space to the fast-growing city. And apartments may be down the road. Infrastructure work has begun on the first phase of Melissa Park Village, a…
Waterton has sold Mirasol Apartment Homes, a 400-unit asset in Las Vegas, for $87 million. Tishau Holdings Properties acquired the property. Multihousing News reports Mirasol Apartment Homes, formerly Camden Tiara, previously traded as part of a $140.2 million portfolio deal in 2019 that also included Fairways on…
The Dinerstein Cos. and PGIM closed on an $81 million refinancing loan for Atlas Peakview, a 330-unit multifamily community in Centennial. Mesa West Capital funded the loan in a deal arranged by Walker & Dunlop. Multihousing News reports that Atlas Peakview was delivered in 2025 and has since reached 85 percent…
FORT WORTH, TEXAS — Newmark has arranged the sale of Centreport Lake, a 452-unit apartment community in East Fort Worth. Built on 24 acres in 2008, the property offers one-, two- and three-bedroom apartments with an average unit size of 946 square feet. Amenities include two pools, a dog park, business center and…
This is an announcement from AvalonBay Communities' Investor Relations, published July 30, 2026, regarding the naming of the combined entity resulting from a merger between Equity Residential and AvalonBay, which will be called Vivmark Residential. The item is classified as a deal announcement covering the U.S. multifamily and capital markets sectors.
Developer Raimundo Onetto has been weaning leasing incentives for new tenants at his 296-unit Crest apartment building. “We saw a shift in the market since the end of last year,” said Onetto, who leads Coconut Grove-based Alta Developers. The building is 95 percent leased, he said. “We have been trying to recapture…
Baron Property Group announced the closing of a $226.5 million refinancing for Metro Parc, the mixed-use development with rental residences, amenities and retail in Hialeah. Madison Realty Capital and Yellowstone Real Estate provided the refinancing. The financing replaces the project’s construction loan and serves…
A public housing agency has emerged as the buyer of one of the Peninsula’s newest luxury apartment communities, acquiring the 74-unit Azara in San Mateo for $54.75 million as institutional demand for high-quality Bay Area multifamily continues to intensify. The Housing Endowment and Regional Trust of San Mateo…
SAN FRANCISCO — Sares Regis Group of Northern California, along with an institutional equity partner, has sold the 195-unit Celeste Apartments in South San Francisco to Bell Partners on behalf of its Bell Growth & Income Fund investors. The buyer will rename the asset, located at 401 Cypress Ave., to Bell South…
LA MESA, CALIF. — Marcus & Millichap has brokered the $12.5 million sale of Guava Gardens, an affordable seniors housing property in La Mesa. Los Angeles-based Positive Investments was the buyer. Built in 1986, the property totals 81 units, with 40 studio apartments and 41 one-bedroom apartments. Residences are…
GREEN BAY, WIS. — Marcus & Millichap Capital Corp. (MMCC) has arranged $16.5 million in construction financing for Common Place Phase II, a 91-unit multifamily property with a first-floor retail unit located within walking distance of Lambeau Stadium at 670 Mike McCarthy Way in Green Bay. Robert Bhat of MMCC…
PLYMOUTH, MINN. — JLL Capital Markets has brokered the sale of Medicine Lake Apartments, an 81-unit community situated along Medicine Lake in Plymouth. Built in 1977, the four-story property features 12 private boat slips and floor plans averaging 948 square feet. Amenities include a fitness center, sauna, outdoor…
NEW YORK CITY — Marcus & Millichap has brokered the $7.5 million sale of a multifamily property in the Times Square submarket of Midtown Manhattan. The two-building, 12,675-square-foot property at 140-142 W. 46th St. houses six market-rate apartments, five rent-stabilized apartments and a 5,200-square-foot vacant…
CENTRAL ISLIP, N.Y. — Greystone has provided a $16 million Fannie Mae DUS (Delegated & Underwriting Servicing) loan for the refinancing of Coventry Village, a 94-unit multifamily property in the Long Island community of Central Islip. Built in 1975 and renovated in 2011, Coventry Village is a two-building,…
BIRMINGHAM, ALA. — Dobbins Group has delivered Colina Hillside, a 475-unit apartment community located at 1121 Colina St. in Birmingham. Capstone Building Corp. served as the general contractor for the project, which comprises one-, two- and three-bedroom apartments across multiple four- and five-story buildings.…
ANAHEIM, CALIF. — Marcus & Millichap has negotiated the $12.3 million sale of Villa Samoa, a 46-unit apartment complex located at 2856 West Lincoln Ave. in West Anaheim. Tyler Leeson and Matthew Kipp of Marcus & Millichap’s Orange County office represented the undisclosed seller in the transaction. The buyer’s…
FONTANA, CALIF. — CBRE has brokered the sale of Cambria Villa Apartments, a 50-unit community at 1531 West Rialto Ave. in Fontana, about 7 miles west of San Bernardino. Eric… The post CBRE Brokers $12.3M Sale of Cambria Villa in Fontana, California appeared first on Multifamily & Affordable Housing Business .
HOUSTON — OHT Partners has broken ground on Park Row, a 360-unit community at 14192 Park Row Blvd. in Houston. Situated on 14 acres, Park Row will be comprised of… The post OHT Breaks Ground on Park Row in Houston appeared first on Multifamily & Affordable Housing Business .
ROCKLEDGE, FLA. — McDowell Housing Partners (MHP) has begun construction of Ekos at Rockledge Park, a $38.2 million, 100-unit affordable housing community in Rockledge. The property’s one-, two- and three-bedroom… The post McDowell Housing Partners Breaks Ground on $38.2M Affordable Housing Community in Rockledge,…
LOUISVILLE, KY. — Woda Cooper Cos. along with Goodwill Kentucky have begun development of Opportunity Village, a four-story, 76-unit affordable housing community on the Norton Healthcare Goodwill Opportunity Campus in… The post Woda Cooper Cos. Breaks Ground on Opportunity Village in Louisville, Kentucky appeared…
Two local buyers snagged Northside apartment buildings last week for a combined $60 million, public records show. In one sale, the influential Wirtz Family offloaded a long-held property to a pair of local investors for $34 million and in the other, local firm Becovic Chicago bought a property for $26 million from…
This is a news article published by EdgeProp Malaysia in July 2026 reporting on Kerjaya Prospek Property's serviced apartment development pipeline valued at RM2 billion, supported by a 60-acre landbank. The article covers the multifamily sector in Malaysia, specifically in Kuala Lumpur.