A Williamson County apartment complex sold for $52.6 million. M3 Multifamily bought the Newport Station apartment development in Thompson’s Station. The seller was John Maher Builders. A division of Marcus & Millichap represented the seller in the deal.
Located at 1635 Bryson Cove, Newport Station opened in 2024. The complex sits on 13 acres and offers several three-story buildings with 192 units.
M3 Multifamily was formed in 2008. M3 has raised $135 million of investor equity and placed another $200 million of debt across a portfolio of seventeen multifamily communities totaling over 3,158 units. Current holdings include eleven properties located in Austin/Round Rock, Nashville and Tucson.
John Maher Builders has been a Spring Hill homebuilder for over 30 years.
An RK Investors-led team obtained an $81 million construction loan for Sutherland at Piper Glen, a 299-unit multifamily development underway in Charlotte’s Piper Glen neighborhood. The financing was provided by Western-Southern Life Insurance Company. The financing was arranged by Nate Sittema, Kristen Reilley and Elliott Voreis with CBRE’s Debt & Structured Finance team. Currently under...
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NAI Capital Commercial EVPs John S. Archibald and Guillermo Olaiz, alongside senior associate Stephen Lam of the Investment Services Group in the Pasadena office, represented the seller, Star Horizon, LLC, in the sale of ZK Plaza, a 41,586-square-foot office building in Pasadena. The property sold for $13,400,000, representing a 3.5% premium over asking. Located at...
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Berkadia announced the sale of Orchard Corners & Suites, a 139-unit, 264-bed, garden-style student housing property serving The University of Kansas in Lawrence, Kansas. Berkadia’s Student Housing and Kansas City investment sales teams collaborated to facilitate the transaction on behalf of the seller, Utah-based Redstone Residential. The Berkadia team included Senior Managing Directors Travis Prince...
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