The Bascom Group has acquired The Ellison, a 294-unit apartment community at 9235 West Russell Road in the Summerlin/Spring Valley submarket of Las Vegas. The purchase price was $103,000,000, or $350,340 per unit. Newmark team members Lee Redmond, Nicholas Schroeder, Vincent Punzi, and Lowell Takahashi arranged debt financing for the acquisition, and AXA Investment Managers […]

American Capital Group and Clarion Partners have completed Enso Apartments, a 316-unit multifamily community located at 19630 40th Ave W in Lynnwood, Washington. The transit-oriented development sits within a federally designated Qualified Opportunity Zone and is walkable to the Lynnwood Link Light Rail Station, offering direct connections to Downtown Seattle and major employment centers across […]

Lincoln Avenue Communities (LAC) has broken ground on Landmark on Scioto, a 321-unit affordable housing community in Columbus, Ohio. The development is LAC’s first ground-up construction project in Ohio and will serve households earning up to 60 percent of area median income. “LAC is proud to partner with state and local leaders to deliver homes […]

Knightvest Capital announced the acquisition of Ardan, a 389-unit Class A high-rise in the West Village neighborhood of Uptown Dallas. Built in 2018, the community sits within a highly walkable corridor offering direct access to Uptown, Downtown, Knox/Henderson, and the Katy Trail. The deal expands Knightvest’s presence in Dallas’ urban core and reflects the firm’s […]

Wood Partners has closed on Alta Roosevelt, a 381-unit multifamily community in St. Petersburg, Florida, with ground breaking planned for May and delivery scheduled for April 2028. The centrally located, five-story development sits on 11.56 acres along Roosevelt Boulevard in the Gateway district, roughly 10 minutes north of downtown St. Petersburg. Alta Roosevelt was entitled […]