Northmarq’s Phoenix Office Sells and Finances $92 Million Purchase of 288-Unit The Nolan Multifamily Community in Mesa, Arizona
Northmarq’s Phoenix Office Sells and Finances $92 Million Purchase of 288-Unit The Nolan Multifamily Community in Mesa, Arizona PHOENIX, AZ – Northmarq Phoenix’s Investment Sales team of Trevor Koskovich, Bill Hahn, Jesse Hudson, and Ryan Boyle represented the buyer, Rise48 Equity, LLC, in the $92 million purchase of The Nolan, a 288-unit multifamily community at […]
Vertical Street Ventures and Partners Acquire New Tucson Property
Vertical Street Ventures and Partners Acquire New Tucson Property TUCSON, Ariz., June 9, 2022 — Vertical Street Ventures (VSV) announced the acquisition of their fifth property in Tucson, Arizona. The acquisition marks the company’s 21st transaction in the Western United States, bringing the total VSV portfolio to $270 Million in assets under management. The 114-unit apartment complex, which will be rebranded to […]
Hamilton Zanze Buys Multifamily Community in Houston Metro
Hamilton Zanze Buys Multifamily Community in Houston Metro HOUSTON, June 7, 2022 — San Francisco-based real estate firm Hamilton Zanze (HZ) has acquired the 200-unit Park at Waterford Harbor Apartments in Kemah, Texas. This represents HZ’s 26th acquisition in Texas. The community, built in 1996, is 29 miles southeast of Downtown Houston, which has become a headquarters hub for several Fortune 500 companies including Phillips […]
Capital Square Acquires Multifamily Community in Knoxville, Tennessee, for DST Offering
Capital Square Acquires Multifamily Community in Knoxville, Tennessee, for DST Offering The acquisition is on behalf of a Delaware statutory trust investment offering that seeks to raise $52.8 million in equity from accredited investors KNOXVILLE, Tenn., June 6, 2022 — Capital Square, one of the nation’s leading sponsors of tax-advantaged real estate investments and an active developer of multifamily communities, announced […]
Agent PHL Brokers 75-Unit Investment Sale in Philadelphia for $21,338,000
Agent PHL Brokers 75-Unit Investment Sale in Philadelphia for $21,338,000 PHILADELPHIA, June 2, 2022 — On behalf of The Buyer and The Seller, Agent PHL / Compass Commercial has formally announced the sale and settlement of Kensington Courts Flats in Philadelphia, Pennsylvania. The off-market sale was brokered by Ryan McManus, Principal of Agent PHL / Compass Commercial, in […]
Houston Multifamily Community with Significant Value-Add Potential Trades Hands via Walker & Dunlop
Houston Multifamily Community with Significant Value-Add Potential Trades Hands via Walker & Dunlop HOUSTON, June 1, 2022 — Walker & Dunlop, Inc. announced today that it completed the sale of Parc at Champion Forest, a 232-unit, garden-style apartment property located in Houston, Texas. Built in 2000, the community provides the buyer with an excellent opportunity to implement a greater value-add […]
Titan Development and Aberg Property Company Joint Venture Breaks Ground on ‘The Trailhead at Chisholm Trail Ranch,’ a Luxury Multifamily Project in Dallas-Fort Worth
Titan Development and Aberg Property Company Joint Venture Breaks Ground on ‘The Trailhead at Chisholm Trail Ranch,’ a Luxury Multifamily Project in Dallas-Fort Worth 284-unit complex in the Chisholm Trail Ranch development will offer high-end amenities and access to many employment and leisure opportunities FORT WORTH, Texas, May 31, 2022 — Titan Development (“Titan”) and Aberg Property […]
Aegon Asset Management Closes First Deal in ESG-Centric Venture
Aegon Asset Management Closes First Deal in ESG-Centric Venture CHICAGO, May 26, 2022 — Aegon Asset Management (Aegon AM) is pleased to announce the successful completion of an equity investment for Canopy Villa Apartments, the first asset within its $600 million ESG-centric equity venture with Taurus Investment Holdings LLC (Taurus) to acquire value-add multifamily assets and considerably reduce the energy consumption and […]
Toll Brothers Apartment Living® and CrossHarbor Capital Partners Announce Joint Venture to Develop 501-Unit Rental Community in Washington, DC
Toll Brothers Apartment Living® and CrossHarbor Capital Partners Announce Joint Venture to Develop 501-Unit Rental Community in Washington, DC FORT WASHINGTON, Pa., May 16, 2022 — Toll Brothers, Inc. (NYSE: TOL), the nation’s leading builder of luxury homes, through its Toll Brothers Apartment Living® rental division, and CrossHarbor Capital Partners have announced a new joint venture to develop 113 […]
Aventon Companies Breaks Ground on Newest Apartment Development in Orlando
Aventon Companies Breaks Ground on Newest Apartment Development in Orlando Aventon Opal will Continue to Meet the Demand for Luxury Housing in a Booming Market ORLANDO, Fla., May 20, 2022 — Aventon Companies, a prominent, vertically integrated multifamily developer with active projects throughout the mid-Atlantic and Southeast, announced it has begun construction on its fourth apartment community […]