Bell Partners has purchased a 319-unit apartment community located in North Bethesda, Maryland. Formerly known as Pallas at Pike & Rose, the property was acquired from Federal Realty Investment Trust in December 2025 on behalf of the Company’s Growth and Income Fund and will be renamed Bell at the Pike. Eastdil Secured served as the...
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Kayne Anderson Real Estate and Mill Creek Residential have acquired land and begun development of Modera Allston, a 240-unit, Class A multifamily community located in the Allston neighborhood of Boston. The six-story project is being developed through a joint venture between the two companies. “Modera Allston builds on our longstanding success developing multifamily communities in...
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The New York City Housing Development Corporation, The New York City Department of Housing Preservation and Development, Wells Fargo Bank, Wells Fargo Community Investment Holdings and developer BRP Companies have closed on $303 million in construction financing for Archer II, a 22-story, 353,000 square-foot, 400-unit mixed-income housing development located at 163-25 Archer Ave. in Downtown...
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Sares Regis sold two Dallas multifamily communities to Dinerstein Cos. The two multifamily communities, Heights at Park Lane and Mirasol Park Lane, are adjacent to each other. Making up 571 units, the Heights at Park Lane has 325 units, and Mirasol Park Lane has 246 units. Sares acquired both assets in late 2021. Multihousing News...
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Stockdale Capital Partners acquired Avant at Fashion Center, a 335-unit apartment community at 555 Galleria Way in Chandler. It sold for $109 million, or $307,042. The property was 94% occupied at the time of the transaction. Starlight Capital was the seller. Starlight paid $84 million for the rental asset in 2018. The property was constructed...
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KKR acquired a Phoenix-area senior housing portfolio for $112.3 million. PGIM sold the two properties, totaling 285 units. Commercial Edge reports that JLL Real Estate Capital issued two Freddie Mac loans totaling $69.9 million for the deal. JLL Seniors Housing Capital Markets represented the seller and secured the financing for the buyer. One of the...
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CESM sold Emerson at Well Branch in Pflugerville, a project it developed in 2023. Commercial Edge reports the 352-unit property was acquired by Hamilton Point with the help of a $75 million acquisition loan from KeyBank. The community comprises 35 two-story buildings across a 43-acre site, enclosing apartments with one- to three-bedroom layouts ranging from...
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Avison Young has been tapped to market Laguna Vista, an ±80-acre mixed-use waterfront development site located on Biscayne Bay at 17777 Old Cutler Road in the Palmetto Bay submarket of Miami, Florida for sale. Avison Young says the fully entitled site is one of the largest contiguous redevelopment opportunities in Miami-Dade County. The property is...
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