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 […]
The Breeden Company Breaks Ground on $21 Million Expansion of The Village at Westlake Apartment Community in Richmond, Virginia
The Breeden Company Breaks Ground on $21 Million Expansion of The Village at Westlake Apartment Community in Richmond, Virginia VIRGINIA BEACH, VA – The Breeden Company, the nationally recognized Virginia Beach-based real estate development firm, announced today they have broken ground on a $21 million major expansion at The Village at Westlake Apartments in Richmond, […]
Alliance Residential Announces Opening of 280-Unit Broadstone Locklyn Luxury Apartment Community in Chic West Palm Beach Market
Alliance Residential Announces Opening of 280-Unit Broadstone Locklyn Luxury Apartment Community in Chic West Palm Beach Market WEST PALM BEACH, FL – Alliance Residential Company announced Broadstone Locklyn, located at 3590 Village Blvd, West Palm Beach, FL 33407, is now open for its first residents. The community includes 280 one-, two-, and three-bedroom apartment homes in […]
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 […]
Walker & Dunlop Completes Sale and Financing for Prime Houston Property
Walker & Dunlop Completes Sale and Financing for Prime Houston Property HOUSTON, June 8, 2022 — Walker & Dunlop, Inc. announced today that it completed the sale and structured acquisition financing for Flats at West Alabama, a 304-unit midrise apartment community located in Houston’s most premium neighborhood, River Oaks. Walker & Dunlop’s Ryan Epstein and Jennifer Ray represented the seller, Wood Partners, in the disposition of Flats at West […]
Multifamily Innovation® Advisory Council Turns Industry Blind Spots into Breakthrough Innovations Through Collaboration
Multifamily Innovation® Advisory Council Turns Industry Blind Spots into Breakthrough Innovations Through Collaboration SCOTTSDALE, AZ – The Multifamily Innovation® Advisory Council announced today its formal launch with approximately 1.5 million apartment units being represented. The council is on track to grow to north of 3 million units by end of year, with a focus of […]
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 […]
MZ Capital Partners Announces Sale of The Vantage Naperville Apartment Community
MZ Capital Partners Announces Sale of The Vantage Naperville Apartment Community 100 % Leased Newly Constructed Naperville Illinois Property Was Named NAIOP Multifamily Development of the Year NORTHBROOK, Ill., June 7, 2022 — MZ Capital Partners, developer of the Vantage Naperville Apartments at 1350 E Ogden in Naperville, Illinois, has announced the sale of the 100 % leased 112-unit, […]
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 […]
Gray Capital Purchases 122-Unit Apartment Property, the First Acquisition of 100M Multifamily Fund
Gray Capital Purchases 122-Unit Apartment Property, the First Acquisition of 100M Multifamily Fund INDIANAPOLIS, June 3, 2022 — Multifamily investment firm Gray Capital has closed on Stonybrook Commons, a 122-unit apartment community located on Indianapolis’s East side, built in 1991. Gray Capital’s plans for the property include interior renovations with updated flooring and appliances as well as other modernizations […]