Category : Residential

JLL Capital Markets announced today that it has closed the sale of Avalon Green, a 617-unit, value-add multi-housing community located within Westchester County in Elmsford, New York.  JLL marketed the property on behalf of the seller, AvalonBay Communities, Inc. A joint venture between Harbor Group International, LLC and Azure Partners, LLC...

G.S. Wilcox & Co. is pleased to announce that it has arranged $60 million in financing for Print House, a 271-unit luxury apartment building in Hackensack, New Jersey. The 10-year term loan was arranged by President Gretchen Wilcox and Principals David Fryer and Al Raymond for the partnership made up...

S2 Capital, LLC (“S2”) today announced it has acquired a 14-property portfolio across Dallas-Fort Worth and Houston. The portfolio totals 4,455 units across 14 assets built in 1979-1987. S2, a national multifamily investor with more than $10 billion in transaction volume, is making this investment from its S2 Multifamily Value-Add...

Forbes Global Properties, a curated consumer marketplace of luxury homes and an invitation-only membership network of top real estate firms, is proud to welcome premier luxury real estate leader 2Seas Los Cabos to its prestigious ranks. Supported by a successful team of client-centered property specialists, 2Seas Los Cabos will exclusively represent the...

 JLL Capital Markets announced today that it has closed the $31.9 million sale of Solaris Lofts, a 72-unit, newly constructed, boutique multi-housing community located within the Bergen-Lafayette neighborhood in Jersey City, New Jersey. JLL marketed the property on behalf of the seller, PERE. Beachwold Residential LLC acquired the asset. Built in...

Slate Property Group today announced the $69.85 million acquisition and planned renovation of three multifamily properties located in Manhattan’s Chelsea neighborhood.  Slate — an owner, operator and developer of residential and commercial real estate in the New York metropolitan area — will fully renovate and reposition the buildings with condo-quality...

Capstone Apartment Partners has closed the $12.5 million sale of Ironworks: an 88-unit apartment community in Memphis, Tennessee. At $142,045 per unit, this transaction sets a record high price per unit in the 38105 zip code, which was previously $81,250 per unit. Capstone’s Luke Searcy, Adam Klenk, Tyler Mayo, and...

JLL Capital Markets announced today that it has been retained on an exclusive basis to arrange the sale of 103-105 West 105th St., two adjacent 5.5-story multi-housing properties located two blocks west of Central Park. The asking price is $8.35 million. Situated just off the corner of Columbus Avenue in...

Arch Companies is pleased to announce 100% of units have been sold at 550 Metropolitan Avenue. The property is a newly constructed boutique luxury residential condominium development in Williamsburg, Brooklyn. The project team included Arch Companies as the developer, Charisse Chassen of SERHANT as the sales agent, AB Architekten as...

Avanath Capital Management, LLC, a multifamily owner and operator that focuses on market rate and affordable housing, announces its recent acquisition of Yorba Linda Palms (“The Palms”), a 44-unit family-oriented multifamily community in Yorba Linda, California, for $11.1 million in an off-market transaction. According to Daryl Carter, Founder, Chairman and...