Deals
Akelius Shells Out $56M for Historic Multifamily Community
The company acquired a six-building multifamily property in Brooklyn for $56.5 million, following a competitive bidding process.
Marcus & Millichap Sells Amenity-Rich Residential Community for $22M
The Tampa property features controlled-access entry, 925 parking spaces, laundry facilities, an onsite leasing office, clubhouse, a fitness center, a spa, two swimming pools, a car care center, a playground and a running track.
Meridian Capital Arranges $218M for Large NJ Buy
Capital One Multifamily Finance provided the acquisition financing for the purchase of nearly 1,500 multifamily units in Piscataway and Wayne, N.J.
CPP Begins Renovation on 205 Affordable New Mexico Homes
The company teamed up with Western States Housing and the U.S. Dept. of Agriculture to renovate six affordable housing communities in New Mexico.
Capital 8 Group Makes First Foray in Indiana
Tikijian Associates arranged the sale of a 130-unit multifamily community in northwest Indianapolis.
Modern Multifamily Community in Fast Growing Market Sells for $25M
Maxus Properties acquired the 250-unit residential property in Macon, Ga., which was built in 2014 and offers modern wellness and business amenities.
HFF Secures Development Financing for Tomlin Investments’ Massive Community Green Meadows
The master planned community Green Meadows gets initial development financing, thanks to HFF.
Hanover Co. Unloads Ultra-Luxury Boston Asset
The 398-unit Hanover CambridgePark is located in Boston’s booming Kendall Square neighborhood.
Greysteel Markets Value-Add Community in Northeast D.C.
The two-building community sits in an area which is seeing rising rents and a significant pipeline of new and renovated properties in both the multifamily and retail sectors.
Santa Ana Asset Acquired Following Successful Lien Removal
The acquisition hinged upon the successful removal of the lien.