The Davenport development sold for $231,000 . "This addition to Nicol ' s growing Florida apartment portfolio continues our strategy to invest in well-located, amenity-rich communities in high barriers to entry markets," said Grant Nicol, Director of Finance, Nicol Investment. Breeden Construction, a nationally acclaimed multifamily builder, is pleased to announce they have been awarded the contract to serve as general contractor to develop Gravity 400 Apartments in Norfolk, Virginia, a luxury multifamily project owned by Marathon Development.The $45.8 million construction project includes development of 273 multifamily units as well as a fitness room and pool. Tags: Matthew Ferrari, Business, TruAmerica Multifamily, Atlanta-Sandy Springs-Marietta, GA, Tampa-St. Petersburg-Clearwater, FL. Passco Cos. has entered the Baton Rouge, La., multifamily market with the acquisition of two Class A communities totaling 552 units. With fundamentals stronger than ever before, the city's rental market is thriving. Luxury Orlando-area multi-housing community closes WC Smith sold the 2M Street luxury apartment building it developed in NoMa to Avanath Capital Management, Bisnow has learned. Nova Capital, a Los Angeles-based real estate capital advisory firm, has announced that it successfully arranged equity and debt financing for the development of Miles One 90, a planned 389-unit luxury multifamily property in Sachse, Texas, one of the most active submarkets in the Dallas-Fort Worth metroplex.. Nova Capital was exclusively engaged on behalf of the sponsor, newly formed Anthem . Luxury multifamily investment sales in Orange and Osceola ... Walker & Dunlop Completes Sale of Luxury Multifamily ... Trion Properties Enters Florida Market with Acquisition of ... San Antonio-based Embrey Partners, LLC is a diversified real estate investment company that owns, develops, builds, acquires and manages multifamily residential communities and commercial assets . "The pandemic has taught us all a lot about ourselves," said Galvin. Walker & Dunlop, Inc. announced today that it completed the $29,750,000 sale of 333 Central Avenue, a 70-unit, Class A multifamily property in Westfield, New Jersey, located approximately 15 miles . Luxury Living Chicago Realty. Multifamily . How the $1.2T Infrastructure Bill Impacts Multifamily. Verso Luxury Apartments is a multifamily deal of the year ... Walker & Dunlop (WD) closed a $255M sale of The Landmark South, a 631-unit, ultra-luxury multifamily property to JSB Capital.The property is perfectly poised to benefit from the. This is Trion's first property in Florida and its second within . BETHESDA, Md., Oct. 12, 2021 /PRNewswire/ -- Walker & Dunlop, Inc. announced today that it completed the $29,750,000 sale of 333 Central Avenue, a 70-unit, Class A multifamily property in . Seattle Luxury Multifamily Property Trades for $72.325MM. JPI, a national developer, builder and investment manager of Class A multifamily assets, has two new luxury multifamily communities to add to its list of active projects in the Dallas/Fort The 336-unit Broadstone Ingleside not only provides residents with an abundance of outdoor activities and amenities, it also continues the growth in North Charleston's Ingleside neighborhood. The Davenport development sold for $231,000 . JLL marketed the property on behalf of the seller, Venterra Realty. LAS VEGAS, NV - An affiliate of Walton Street Capital announced that it has acquired and recapitalized a 286-unit mid-rise community located at 3850 West Nevso Drive in West Las Vegas in partnership with The Calida Group. SEATTLE, Jan. 27,2021 - Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the sale of Modera Jackson, a . Walker & Dunlop, Inc. Oct 12, 2021, 20:54 ET. SAN ANTONIO, Dec. 16, 2021 /PRNewswire/ -- Standard at Legacy, a 323-unit multifamily community in . ORLANDO, Dec. 7, 2021 - JLL Capital Markets announced today that it has closed the sale of Falcon Square at Independence, a 379-unit, three-story, garden-style community in Winter Garden, Florida. Lake House, developed by OneEleven Residential and designed and built by FINFROCK, draws inspiration from the modern art-deco aesthetics of its Ivanhoe Village neighborhood in its exterior design, all while standing out as a new nine-story tower, rising above its neighbors on the shores of Lake Ivanhoe in downtown Orlando, Florida. The transaction closed on January 26th.) The luxury apartment building will feature more than 30,000 square feet of amenities. The occupancy rate went up to 96.9% in July 2021, surpassing the previous record of 96.5% in 2000 . The sale of Verso Luxury Apartments was a record for Polk County — and a bellwether of the types of multifamily properties that are in highest demand. BETHESDA, Md., Dec. 15, 2021 /PRNewswire/ -- Walker & Dunlop, Inc. announced today that it completed the $255,000,000 sale of The Landmark South, a 631-unit, ultra-luxury multifamily property . It focuses on buying, developing and managing real estate, and is centered around student and luxury multi-family housing, including condominiums. Austin Multifamily Report - Fall 2021. ORLANDO, Fla., Dec. 8, 2021 (SEND2PRESS NEWSWIRE) — Trion Properties, a private equity real estate firm based in West Hollywood, California and Miami, Florida specializing in multifamily investments, announced that it has acquired Patterson Court, a 384-unit luxury multifamily community in Orlando, Florida for $107.75 million. Walker & Dunlop Completes Sale of Luxury Multifamily Property in Westfield, New Jersey News provided by. Alliance Residential Co.'s new luxury multifamily development in North Charleston, South Carolina, is welcoming its first residents. Passco Companies, a privately held California-based commercial real estate company that specializes in real estate acquisition, development, and asset management throughout the U.S., has acquired two best-in-market luxury multifamily assets spanning 552 units in Baton Rouge, marking the firm's entrance into the Louisiana State Capital. Blog Post. Completed in 2020, the property consists of two connected towers featuring 438 beautifully designed rental units and approximately 31,000 rentable square feet of ground-floor retail. The city's common council reviewed a concept presented by David Decker of Decker Properties at its Sept. 7 . National. LMC Completes Development of 212-Unit Luxury Apartment Project in Suburban Chicago Posted on December 8, 2021 by Kristin Hiller in Development , Illinois , Midwest , Multifamily The Fynn rises . As of November, California-based Kartel Capital and Overland Park-based Cohen-Esrey . The company has developed over 8 million square feet of multifamily, office, industrial and mixed-use products throughout North Carolina and the Southeast and has an additional 2,000 multifamily units currently in the pipeline in the Carolinas. The luxury multifamily development is said to be Hines' first residential project in Oklahoma City following the development of office towers Devon Energy Center and BOK Park Plaza. SAN ANTONIO, Dec. 16, 2021 /PRNewswire/ -- Standard at Legacy, a 323-unit multifamily community in . Since 2016, Nicol Investment Company has acquired five multifamily assets in Florida, representing $330 million in total investment value. Records show fund affiliate of UBS Realty Investors sold the 6-story apartment building to American Landmark Apartments, a fast-growing multifamily owner-operator in the United States. Embrey Closes Sale in San Antonio, Texas, of Luxury Multifamily Property Standard at Legacy. Share this article. November 10, 2021. . It previously developed three major high-end . To learn more visit https://www.craigdavisproperties.com . And, rents in multifamily housing markets climbed 10% in 65 of the 150 largest metropolitan areas. This project marks the second Toll Brothers Apartment Living community in Orange County following the recent completion of Cameo . 10 December 2021. JLL marketed the property on behalf of the seller, Venterra Realty. (EDITOR'S NOTE: According to public documents, the property traded for $72.325 million. 10 December 2021. Located in Doral, one of South Florida's most . HOUSTON, TX - Venterra Realty recently celebrated the groundbreaking of its multi-family development project in Cypress, Texas. The loan helped facilitate the borrower's $135.2 million acquisition of Lyric Apartments, a 376-unit luxury multifamily property at 304 East Silverado Ranch . HUNTSVILLE, ALA. — Westbury, N.Y.-based The Kalikow Group and EYC Cos., which has offices in Charleston and Raleigh, has opened Anthem Luxury Rental Homes, a multifamily community in Huntsville . Residential Fund to acquire a luxury apartment complex in Las Vegas, according to information from Newmark, which arranged the debt.. Luxury Orlando-area multi-housing community closes. Walker & Dunlop is a leader in multifamily property sales, having completed $4.74 billion in property sales volume in the first half of 2021. The post JV Completes 360-Unit Miami Luxury Community appeared first on Multifamily Real Estate News. BETHESDA, Md., Nov. 18, 2021 /PRNewswire/ -- Walker & Dunlop, Inc. announced today that it structured $160,000,000 in financing for Sawyer Place, a recently-built, Class A multifamily building located in the burgeoning neighborhood of Yonkers, New York.Completed in 2020, the property consists of two connected towers featuring 438 beautifully designed rental units and approximately 31,000 . Park on Napoli, a Vintage Park -area Class-A apartment complex, has broken ground on its . The 336-unit Broadstone Ingleside not only provides residents with an abundance of outdoor activities and amenities, it also continues the growth in North Charleston's Ingleside neighborhood. News LaTerra Development Plans Luxury Renovation in West Hollywood The company has purchased the 42-unit multifamily asset, Terraces at La Cienega, and plans to implement a renovation plan with . A partnership between The Estate Cos. and PTM Partners has completed Soleste Grand Central, a 360-unit luxury community in Miami. BETHESDA, Md., Oct. 12, 2021 /PRNewswire/ -- Walker & Dunlop, Inc. announced today that it completed the $29,750,000 sale of 333 Central Avenue, a 70-unit, Class A multifamily property in The sale of Verso Luxury Apartments was a record for Polk County — and a bellwether of the types of multifamily properties that are in highest demand. ORLANDO, Fla., Dec 08, 2021 (SEND2PRESS NEWSWIRE) -- Trion Properties, a private equity real estate firm based in West Hollywood, California and Miami, Florida specializing in multifamily investments, announced that it has acquired Patterson Court, a 384-unit luxury multifamily community in Orlando, Florida for $107.75 million. Aventon Companies Launches Construction of 250-Unit Luxury Apartment Development in Booming Annapolis Metro Submarket ANNAPOLIS, MD - Aventon Companies, a prominent, vertically integrated multi-family developer with active projects throughout the mid-Atlantic and Southeast, announced it has begun construction on its latest apartment community in Annapolis, Maryland. Hines senior managing director Tom D'Arcy . . Walker & Dunlop (WD) closed a $255M sale of The Landmark South, a 631-unit, ultra-luxury multifamily property to JSB Capital.The property is perfectly poised to benefit from the. Blog Post. The initial site works at the project commenced in August this year with occupancy expected to start in early 2022. Contact Details . The multifamily firm has acquired 782 units in Atlanta and Tampa, Florida. Park on Napoli, a new 239-unit luxury apartment complex in northwest Houston, will open in fall 2022. DURHAM, N.C., Dec. 13, 2021 /PRNewswire/ -- National multifamily real estate development leader Wood Partners today announced the grand opening of its newest luxury residential community—Alta . ORLANDO, Fla., Dec. 8, 2021 (SEND2PRESS NEWSWIRE) -- Trion Properties, a private equity real estate firm based in West Hollywood, California and Miami, Florida specializing in multifamily . Posted on May 05, 2021. Multifamily deals accounted for 28 of the 51 transactions Avison Young noted in its Q2 roundup of sales in the region. The . A local real estate firm is bringing a luxury multifamily development to the Southside area. 10/3/2018. "Being at home with my daughters . The properties, the 276-unit Sweetwater Apartments and 276-unit . More. Lyric traded from The Bascom Group—a private equity firm that has completed over $19.1 billion in multifamily value-add transactions since . "These acquisitions exemplify Passco's long-term . Embrey Closes Sale in San Antonio, Texas, of Luxury Multifamily Property Standard at Legacy. Located in Charlotte, North Carolina's South End neighborhood, Hawk's 71 units are targeted at high-income, professional renters by choice who are looking for living spaces with high-end luxury finishes, much like those to which they are accustomed in homes and luxury hotels. BETHESDA, Md., Dec. 6, 2021 /PRNewswire/ -- Walker & Dunlop, Inc. announced today that it structured $36,000,000 in financing for , a 64-unit, luxury multifamily property located in the burgeoning . A 218-unit, 10-building luxury multifamily development could be coming to Oak Creek.. After 14 years at the helm as Co-Founder and Managing Director of Luxury Living Chicago Realty (LLCR), Amy Galvin announced today she's stepping into a new role with the company - Chief Culture Officer. Snell Properties Makes First Investment in Florida. JV Completes 360-Unit Miami Luxury Community The 170 townhomes are expected to come online . The deal breaks down to $234,050 per apartment. Walker & Dunlop, Inc. announced today that it completed the $255,000,000 sale of The Landmark South, a 631-unit, ultra-luxury multifamily property. Completed in 2021, the Property features a mix of studio, one-, and two-bedroom apartments that are currently 96% leased. :: News from eNewsChannels Beztak Properties announced today that Town Court, the latest community in the company's luxury multifamily apartment portfolio, has opened in West Bloomfield and is ready for move-ins. Luxury amenities of the property include a resort-style pool with gazebos, state-of-the-art fitness center with a yoga studio, outdoor community lounge areas with barbeques, fireplaces and yard . JSB Capital Group has bought the 631-unit Landmark South in Doral, Fla., for $255 million. Luxury Orlando-area multi-housing community closes. When fully built out, the site will host a 336-unit community complete with an 8,600 square foot clubhouse, resort-style pool, outdoor lounge, fitness center, package lockers, "WeWork" style workspaces and more, with the first units to be delivered in Q3 of 2022. eNewsChannels NEWS: -- Trion Properties, a private equity real estate firm based in West Hollywood, California and Miami, Florida specializing in multifamily investments, announced that it has acquired Patterson Court, a 384-unit luxury multifamily community in Orlando, Florida for $107.75 million. Walker & Dunlop structured $160,000,000 in financing for Sawyer Place, a recently-built, Class A multifamily building located in the burgeoning neighborhood of Yonkers, New York. Jackson Chen - December 10, 2021. By Christine Serlin. Multi-Housing News Online . California-based Avanath purchased the building at 2 M St. NE for $103 . A multi-phase apartment development soon will further contribute to burgeoning Midtown multifamily construction. ORLANDO, Dec. 7, 2021 - JLL Capital Markets announced today that it has closed the sale of Falcon Square at Independence, a 379-unit, three-story, garden-style community in Winter Garden, Florida. JRK Property Holdings Acquires 5 Communities for $390M. The seller of the upscale asset is an affiliate of AECOM-Canyon Partners, the developer of the community . Toll Brothers Apartment Living, with partner EJF Capital, has broken ground on Rafferty, a 223,569-square-foot mixed-use multifamily development in Santa Ana, California. Newmark [1] announced that it has arranged the $135.2 million sale, $359,575 per unit and $91.4 million financing of Lyric Apartments, a luxury, 376-unit multifamily community in the high growth area of Las Vegas, Nevada's Silverado Ranch submarket. Alliance Residential Co.'s new luxury multifamily development in North Charleston, South Carolina, is welcoming its first residents. Austin December 1, 2021. 10/3/2018. AUSTIN, Texas, Dec. 2, 2021 /PRNewswire/ -- Wood Partners, a national leader in multifamily real estate development, today announced the groundbreaking of its latest luxury residential community—Alta Blue Goose—located in Austin, Texas.The community is scheduled to officially open by the end of 2022 with pre-leasing expected to begin in late 2022. The 30-story market-rate apartment building is located in the heart of downtown Minneapolis on Nicollet Mall Read More. Craig Davis Properties It is the first large-scale ground-up Opportunity Zone property to . Completed in March 2021, Novē at Knox is a 19-story, 310-unit Class A luxury multifamily complex in the Knox/Henderson district near Downtown Dallas, Texas within walking distance to high-end entertainment, dining, and shopping venues. The company has added more than 1,500 units to its portfolio. The Opus Group ® Announces Completion of 365 Nicollet, Luxury Multifamily Apartments, in Minneapolis, Minnesota. Harbert Realty Services closed on a new development that will feature 120 units with state-of-the-art . News Luxury Apartment Towers in Manhattan Trade for $850M . Central Station on Orange, a 279-unit luxury multifamily project at 60 W Amelia St., sold for $65.3 million. The 30-story market-rate apartment building is located in the heart of downtown Minneapolis on Nicollet Mall Read More. ORLANDO, Fla., Dec. 8, 2021 (SEND2PRESS NEWSWIRE) — Trion Properties, a private equity real estate firm based in West Hollywood, California and Miami, Florida specializing in multifamily investments, announced that it has acquired Patterson Court, a 384-unit luxury multifamily community in Orlando, Florida for $107.75 million. The firm was also the top provider of capital to the U . Share this article. 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