Marcus & Millichap announced the sale of a 134-unit multifamily portfolio in Berwyn and Maywood, Illinois. “This transaction highlights the continued demand for multifamily assets in western Cook County, where investors remain attracted to strong suburban fundamentals and convenient access to Chicago,” said Sam Antreasian, director of investments. “By acquiring 134 units across five buildings...
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Campus Village Apartments, a 41-unit apartment community located at 925 E. 18th Avenue in Ellensburg, Washington, has sold for $4.5 million. Kidder Mathews Vice President Max Frame of the Simon Anderson Multifamily Team represented the seller in the transaction. The buyer is a Moses Lake-based investor expanding into the Ellensburg market. The sale followed an...
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Starlight Investments has completed the first phase of The Parklands build-to-rent project in southeastern England. The opening phase of the project in Dartford, Kent delivered the first 58 rental homes across two residential buildings as part of a 231-suite master-planned development. The project marks the latest expansion of the Toronto-based firm’s U.K. residential platform, which...
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The Dinerstein Cos. and PGIM closed on an $81 million refinancing loan for Atlas Peakview, a 330-unit multifamily community in Centennial. Mesa West Capital funded the loan in a deal arranged by Walker & Dunlop. Multihousing News reports that Atlas Peakview was delivered in 2025 and has since reached 85 percent occupancy. The project previously...
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Waterton has sold Mirasol Apartment Homes, a 400-unit asset in Las Vegas, for $87 million. Tishau Holdings Properties acquired the property. Multihousing News reports Mirasol Apartment Homes, formerly Camden Tiara, previously traded as part of a $140.2 million portfolio deal in 2019 that also included Fairways on Green Valley, a 320-unit community in Henderson, Nev....
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Pictured above (clockwise, from upper left corner): Ivy Zelman (Zelman), Dallas Tanner (Invitation Homes), Steven DeFrancis (Cortland), Ryan Marshall (PulteGroup) Housing is impacted by a variety of forces, from affordability and interest rates to questions of supply. However, beneath the noise, the industry’s future will be less about today’s market cycle and more about long-term...
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A public-private partnership led by Harmony Housing Affordable Development Inc. (HHAD), Gilbane Development, and F7 International Development, comprising Raleigh Community Partners, has capitalized Chapanoke, a $93 million, 200-unit affordable project in Raleigh. Multihousing News reports financing included Low-Income Housing Tax Credit equity provided by Greystone Real Estate Capital, private construction and permanent financing from Greystone...
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Baron Property Group announced the closing of a $226.5 million refinancing for Metro Parc, the mixed-use development with rental residences, amenities and retail in Hialeah. Madison Realty Capital and Yellowstone Real Estate provided the refinancing. The financing replaces the project’s construction loan and serves as a bridge to permanent financing. Ben Suky arranged the financing. Designed by Modis Architects, the...
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