Embrey Acquires Second Apartment Community in the Greater San Antonio Area
SAN ANTONIO , Nov. 2, 2022 /PRNewswire/ — A 252-unit multifamily property, Gardens at West in San Antonio, Texas, has been acquired by Embrey, a diversified real estate investment company. The property, built in 1995, will be rebranded to The Hayden on West Ave. The company’s nationally recognized and award-winning Embrey Management Services will take over property management. The […]
NNG Capital Acquires $9.2M Apartment Complex In GA
DLC, Oct. 27, 2022 /PRNewswire/ — NNG Capital Fund has announced the closing of the acquisition of a 120-unit multifamily property “The Summit Apartments” in Macon, GA for over $9M. The 15-building apartment complex acquisition recently completed by NNG Capital Fund expands its footprint into new markets, as the company builds up on recession resilient and income producing assets in its […]
Lerner Acquires Parc at Gatlin Commons in Port St. Lucie, Florida
ROCKVILLE, Md., Oct. 31, 2022 /PRNewswire/ — Lerner Enterprises of Rockville, Maryland has acquired Lerner Parc at Gatlin Commons, previously Parc at Gatlin Commons, located in Port St. Lucie, Florida. This class-A multifamily garden community is comprised of 200 apartments and 5,935 square feet of luxurious amenity space in Port St. Lucie, Florida. The building spans a total of 201,000 residential square […]
Security Properties Acquires 624 Yale in Seattle, WA
SEATTLE, Oct. 26, 2022 /PRNewswire/ — On October 21, 2022, a joint venture between Security Properties and STARS REI purchased 624 Yale, a trophy type-one midrise style multifamily property located in Seattle’s South Lake Union neighborhood for $104,000,000. This will be the second asset for this partnership, following the acquisition of Augusta Apartments in the University of Washington’s University District back in 2019. Security Properties now owns […]
Belpointe PREP, LLC Acquires New Opportunity Zone Property in Storrs, Connecticut
GREENWICH, Conn., Oct. 25, 2022 /PRNewswire/ — Belpointe PREP, LLC (NYSE American: OZ) (“Belpointe OZ” or the “Company”), a publicly traded qualified opportunity fund, announced today that it has completed the acquisition of 1750 Storrs Road, Storrs, Connecticut (“1750 Storrs”). 1750 Storrs is a 19-acre development site located near the University of Connecticut in Storrs (“UCONN”), where the Company anticipates building a […]
Newly Branded North Hill Apartments in Virginia Beach Unveils Upgrades to Provide Luxury Living Experience for Dog Lovers, Fitness Enthusiasts, Beach Devotees, Art Appreciators + More
VIRGINIA BEACH, Va., Oct. 18, 2022 /PRNewswire/ — North Hill Apartments in Virginia Beach is unveiling its multi-million-dollar improvements to both the property and the resident experience. The exciting upgrades will create standout shared amenity spaces indoors and out, as well as revamped two-bedroom apartment residences that embody elevated coastal living. Biking distance to the beach and just minutes […]
Capital Square Acquires Multifamily Community Near Huntsville for DST Offering
HUNTSVILLE, Ala., Oct. 20, 2022 /PRNewswire/ — Capital Square, one of the nation’s leading sponsors of tax-advantaged real estate investments and an active developer of multifamily communities, announced today the acquisition of FarmHaus Apartments, a 324-unit Class A multifamily community located in the Huntsville suburb of Madison, Alabama. The community was acquired on behalf of CS1031 FarmHaus Apartments, DST, which seeks […]
Stoneweg U.S. LLC Acquires 178-Unit Apartment Community JRG Lofts in Cincinnati, OH; Expanding its Geographic Footprint in the Midwest
ST. PETERSBURG, Fla., Oct. 18, 2022 /PRNewswire/ — Stoneweg U.S. LLC (Stoneweg US) a real estate firm specializing in multifamily acquisitions and developments, today announced the acquisition of JRG Lofts, a 178-unit, mixed-use, apartment community in Mainstrasse Village, a national historic district in the Cincinnati, OH MSA. The acquisition further expands the company’s geographic footprint in the Midwest, which accounts […]
Brazos Residential Closes Twelfth Transaction of 2022 with Acquisition of Two Property Portfolio in Southwest Fort Worth, Texas
DALLAS, Oct. 12, 2022 /PRNewswire/ — Brazos Residential, LLC, a Dallas-based real estate private equity firm specializing in multifamily investments, announces the acquisition of a two-property portfolio in Benbrook, TX, marking the firm’s twelfth transaction in 2022. 334-unit portfolio in one of the most affluent communities in the DFW metroplexTweet this The 334-unit portfolio consists of two 1980’s-built communities—Clear Fork Trail, […]
Aline Capital closes $71 million in deal volume in Greenville, SC for the month of September
GREENVILLE, S.C., Oct. 6, 2022 /PRNewswire/ — Aline Capital’s Capital Markets team is pleased to announce the closing of over $71mm in deal volume in their hometown of Greenville, SC for the month of September. The deals comprised of three transactions and included both debt and equity placement. Scott Williams, JD Lehman, Sammy Lortz, and Garett Todd of the Capital Markets Team all […]