Kiser Group Brokers South Chicago Multifamily Sales
Noah Birk and Aaron Sklar have facilitated the sale of a four-building portfolio and three other multifamily assets.
Torchlight Investors, Hampshire Properties Snag MD Asset
Milestone Apartments has 576 units in 27 buildings spread across 32 acres of land. The new owners are planning a value-add strategy that will include various upgrades.
San Diego Community Changes Hands in All-Cash Transaction
Located in the Little Italy neighborhood, the 40-unit luxury community traded for $21.3 million. The asset includes a 2,475-square-foot ground floor retail space.
Manhattan High Line Portfolio Commands $28M
Cushman & Wakefield represented the seller, while JLL secured acquisition financing on behalf of the buyer. The four contiguous buildings comprise 26 apartments and four ground-floor retail units.
Marcus & Millichap Brokers MN Property Sale
Evan Miller of the company’s Minneapolis office and the firm’s national group sold The Hillcrest Apartments in South St. Paul.
Quad Property Group Enters SC Multifamily Market
The company plans to invest in extensive renovations of Grandeagle’s 152 units and amenities.
JLL Hires Midwest Multifamily Services Expert
Matt McCune is an investment sales professional with more than 10 years of experience. In his new role as senior vice president, he will advise on multifamily asset sales around central Ohio.
OC Community Changes Hands in 1031 Exchange
An Avison Young team brokered the sale of Sundance West Apartment Homes. The buyer assumed an existing loan with Chase Bank.
VA Property Trades for $51M
Hasta Capital acquired The Residences at City Center, a 291-unit transit-oriented apartment community in Manassas Park. HFF’s investment advisory team represented the seller.
Multifamily Value-Add Trades in Phoenix
A partnership between Thomas Pride International and Ecohouse Real Estate purchased Phoenician Villa Apartments, a seven-building asset comprising 93 units.