Cities
JVM Realty Snags 6th Chicago Community
The company acquired a 115-unit luxury property in the suburb of Downers Grove, Ill.
North Los Angeles Community Trades for $35M
Constructed in 1964, the seven-building property changed hands at a per-unit price of roughly $375,000.
Interra Brokers Multifamily Deal in Chicago’s Kenwood Area
At $180,000, the price per unit is the highest paid for a property in this neighborhood in a decade.
Garden-Style Portland Community Trades for $34M
JLL Capital Markets Senior Managing Director Ira Virden and Senior Director Carrie Kahn worked on behalf of seller Pacific Urban Residential.
Construction Complete for Orlando Luxury Community
LeCesse Development Corp. broke ground on the 300-unit project in April 2018 using more than $40 million in financing.
JV to Develop Luxury Houston High-Rise
The 32-story tower will rise in the heart of Houston’s posh Museum District.
Praxis Capital Expands Atlanta Footprint With $41M Buy
With help from Berkadia, the company has become the new owner of two garden-style communities totaling 420 units.
Wood Partners Breaks Ground on Bay Area Community
The adaptive reuse project will give rise to a 372-unit luxury residential and retail property in Alameda, Calif.
Sherman Residential Grows San Antonio Presence
The firm picked up the 332-unit Savannah Oaks, situated 14 miles northwest of downtown.
Avanath Pays $34M for Affordable Denver Community
CBRE’s Spencer Hurst, Tim Flint, Taylor Froland, Dan Woodward, David Potarf and Matt Barnett represented the seller.