Olive Tree Affordable Housing Enters Into North Carolina Market with Acquisition of Multifamily Community in Wilmington
— The acquisition of the 429-unit, affordable community, The Life at Lakeside Villas, formerly known as Village at Greenfield Apartments, expands Olive Tree’s operations to 9 states and represents the firm’s first property in North Carolina — WILMINGTON, N.C., Jan. 26, 2023 /PRNewswire/ — Olive Tree Affordable Housing, the affordable housing affiliate of Olive Tree Holdings, a mission driven private investment company with a focus […]
Capital Square Acquires 396-Unit Parkland Apartment Community in Affluent Suburban Miami Market of Parkland, Florida
MIAMI, FL – Capital Square, one of the nation’s leading sponsors of tax-advantaged real estate investments and an active developer of multifamily communities, announced the acquisition of Parkland Apartments, a 396-unit Class A multifamily community in the affluent Miami suburb of Parkland, Florida. The community was acquired on behalf of CS1031 Parkland Apartments, DST. “Parkland […]
The Martin Group Acquires 170-Unit Anton Edge and Alice House Apartment Communities in Sought-After Oakland Neighborhoods
OAKLAND, CA – The Martin Group and STARS REI announced the acquisition of two apartment properties located in Oakland, California. The partners closed on the acquisition of Anton Edge, a brand-new 91-unit luxury apartment complex located in the heart of Oakland’s Pill Hill neighborhood. The partners also closed on the recapitalization of Alice House, a […]
Harbor Group International Grows Miami Footprint with Acquisition of Newly Built 420-Unit Oak Enclave Miami Apartment Community
MIAMI, FL – Affiliates of Harbor Group International, a privately owned international real estate investment and management firm, announced the acquisition of Oak Enclave Miami, a newly developed, 420-unit, mid-rise multifamily community in Miami Gardens, Fla. The community adds to HGI’s growing Miami portfolio, marking the eighth property under HGI’s ownership in Miami-Dade County, comprising nearly […]
37th Parallel Properties Surpasses $1 Billion in Transactions, Adds to Houston Presence with 291-Unit Community Acquisition
RICHMOND, Va., Jan. 25, 2023 — 37th Parallel Properties (“37th Parallel”) today announced 2022 transaction volume of $300 million, bringing their historical transaction totals to 10,000 units representing over $1 billion in value. The firm’s most recent transaction was Grand Reserve, a 291-unit, 2013-built community in Katy, one of the strongest submarkets in Houston. The asset was acquired off-market by 37th Parallel on behalf […]
Wood Partners Breaks Ground on Nature Inspired Community in Aurora, Colorado: Alta Addison
AURORA, Colo., Jan. 24, 2023 — Wood Partners, a national leader in multifamily real estate development, announced today the groundbreaking of a new project in Aurora, Colorado under the working name Alta Addison. With construction currently underway, the community is set to start pre-leasing at the end of 2023 and open in early 2024. Located adjacent to E-470 at […]
Cantor Fitzgerald Announces the Sale of Rivertop Apartments in Nashville, Tennessee
NEW YORK, Jan. 19, 2023 — Cantor Fitzgerald, L.P. (“Cantor Fitzgerald”1) announced the sale of Rivertop Apartments in Nashville, Tennessee. The sale was facilitated on behalf of investors in Rivertop Apartments, resulting in a total return of 137% of their aggregate original investment and an internal rate of return of 12% over the approximately three-year hold period.2 Completed […]
Harbor Group International Acquires 932-Unit The Pavilions Apartment Community Located in Popular Hartford Submarket of Manchester
MANCHESTER, CT – Affiliates of Harbor Group International, a privately owned international real estate investment and management firm, announced the acquisition of The Pavilions, a 932-unit, garden-style multifamily community in Manchester, Conn., a Hartford suburb. The property was acquired through a joint venture partnership between HGI and Cammeby’s International Group. HGI and Cammeby’s will assume all loan obligations […]
CEP Multifamily’s Workforce Housing Fund Acquires 97-Unit Cascade Meadows Apartment Community in Burlington, Washington
BURLINGTON, WA – CEP Multifamily CEP) announced their acquisition of Cascade Meadows, a 97-unit apartment community in Burlington, WA. Cascade Meadows is the third acquisition for CEP’s Workforce Housing Fund, a core-plus multifamily investment fund launched in early 2022 by the vertically integrated Everett-based firm. This acquisition grows CEP’s existing portfolio to 1,509 ;units. The acquisition […]
Landmark Properties and Manulife Investment Management Partnership to Develop 890-Bed Student Housing Community in Connecticut
STORRS, CT – Landmark Properties, a fully-integrated real estate firm specializing in development, construction, investment management, and operation of high-quality residential communities, has formed a new build-to-core joint venture with Manulife Investment Management. The partnership will focus on developing and operating residential properties in targeted markets throughout the United States and has pre-identified several potential […]