Marcus & Millichap arranged the sale of Nine-Eighteen Apartments, a 32-unit multifamily property in Anaheim. The property sold for $7.1 million, or $221,875 per unit. “Nine-Eighteen Apartments presented a compelling opportunity to acquire a well-located multifamily asset with scale and long-term upside in the Anaheim market,” said Tyler Leeson, executive managing director investments. “The property’s strong...
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A joint venture of Saber-Hightower, Rafferty Real Estate and Eagle Realty Group has begun construction on The Ibex at Ridge Hill, a 17-story, 282-unit rental building at Ridge Hill, the open-air lifestyle center in Yonkers. Bank OZK is providing construction financing for the $140-million project. The building will include 28 affordable units. First units are...
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Erland Construction has partnered with long-time client Nordblom Company on a new multifamily residential community, Vantage, in Dedham, MA. Working in collaboration with Stantec, Erland will construct a 218,000-square-foot, four-story wood- and steel-frame building with 155 apartment units. Built to align with Dedham’s stringent energy code standards, Vantage will include a fitness center, resident lounge,...
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The Greater Baltimore Committee (GCB) plans to launch a new Funders’ Consortium in November as part of its work with Enterprise Community Partners to develop a strategic investment framework. The initiative aims to align capital with a pipeline of projects and ultimately create a $100 million private fund to drive large-scale investment in Baltimore’s most...
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Trent University has lined up a $384M financing package backed by the Building Ontario Fund, HOOPP and Knightstone Capital Management to deliver nearly 1,400 student beds in Peterborough, bringing institutional capital into one of the university’s largest infrastructure projects. The two-building development at Trent’s Symons Campus, 1600 West Bank Dr., will total about 722K SF...
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Optima Living and its investment partners have acquired five seniors living and continuing-care communities in the Calgary area, adding more than 1,000 suites to a Western Canadian portfolio that has expanded sharply this year. The five communities were acquired from The Brenda Strafford Foundation. Financial terms were not disclosed. Optima partnered on the acquisition with...
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Private Pension Partners is making its first move into Ontario with the acquisition of a 1.89-acre Aurora development site where it plans a 132-unit purpose-built rental project. P3 acquired the property at 50 Industrial Parkway N., also identified in municipal records as the 180-182 Centre Cres. development site, in a deal that closed Sept. 17....
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OHT Partners broke ground on The Barton, a 402-unit multifamily community on more than 60 acres in Southwest Austin. Located at 8956 W. State Highway 71, The Barton will feature a mix of three-story garden-style buildings and two-story townhomes with more than 40 acres designated as green space. Design features include large floor plans, private yards and...
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Central CA Commercial | California
Recckio Real Estate & Development
Northgate Real Estate Group
California
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