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News
Investor Pays $18.1M for Multifamily Apartment Community Near Milwaukee Wisconsin
1+ week, 3+ day ago (177+ words) Yield PRO Greysteel, a national commercial real estate investment services firm, arranged the $18.1 million sale of Cudahy Commons, a 142-unit multifamily property at 2810 E. Edgerton Avenue in Cudahy, Wisconsin, a submarket of Milwaukee. Greysteel represented the seller, a private investor. Peak…...
Tishman Speyer's TS Plus Acquires Rise a 376-Apartment Community in Anaheim
1+ week, 3+ day ago (374+ words) Tishman Speyer acquired the 340,000-square-foot residential property on behalf of its TS Plus fund. The purchase was financed in part by an $88 million loan through Freddie Mac. Completed in 2020 and currently 95 percent leased, Rise offers luxury apartments ranging from studios…...
Dominium Acquires Land for Terrell Family Apartments, Bringing 250 New High-Quality Affordable Homes to Dallas-Fort Worth Metro
1+ week, 4+ day ago (334+ words) Terrell Family Apartments Yield PRO Dominium, a leading national affordable housing owner, developer and manager, announced today the acquisition of land for Terrell Family Apartments, a new affordable housing community in Terrell, Texas. Located on Rose Hill Road, the development…...
Related-Led Joint Venture Breaks-Ground on 494-Unit Luxury Multifamily Boca Raton Apartment Community
2+ week, 1+ day ago (164+ words) Related Group, PEBB Enterprises and BH Group have begun work on Broken Sound Residences, a 494-home luxury residential community that marks the first milestone in the transformation of the former Office Depot corporate campus in Boca Raton. Once complete, the…...
CP Capital Acquires 200-Unit Garden-Style Multifamily Apartment Community in Athens Georgia
2+ week, 1+ day ago (184+ words) Yield PRO CP Capital has purchased Ascent Athens, a 200-unit garden-style community in Athens, Ga. Hilltop Residential was the previous owner of the asset. Developed by Westplan Investors, Ascent Athens came online in 2020 on a 24-acre site. In December of…...
Greystar Acquires Master-Planned Mixed-Use Multifamily Development Project Parcel in Fredericksburg Virginia
2+ week, 1+ day ago (162+ words) Greystar has acquired a 34.2-acre land parcel in Fredericksburg, Va., with plans to build a master-planned community. The company paid $27 million for the site, in a transaction brokered by S.L. Nusbaum Realty Co. The development parcel, dubbed Ulmanor Farm, is located…...
Fogelman Acquires The Ovilla a Luxury 288-Unit Multifamily Community in Dallas
3+ week, 3+ day ago (109+ words) Yield PRO Built in 2023, The Ovilla features apartment homes ranging from 600 to 1,351 square feet with rental rates starting at $1,715 per month. The recently acquired property is 95% occupied and will be managed by Fogelman. The capital improvement plan includes clubhouse and…...
Simon | Anderson Multifamily Team Arranges Sale of SEDU Apartment Building in Seattle's Capitol Hill Neighborhood
3+ week, 3+ day ago (271+ words) Vitality on Howell, a five-story modern apartment building located at 1420 E. Howell Street in Seattle’s Capitol Hill neighborhood, has sold. Jerrid Anderson, Jack Shephard, Matt Laird, and Matt Johnston of Kidder Mathews’ Simon | Anderson Multifamily Team represented the seller, a private…...
CAPREIT Acquires Bethesda Hill Apartments
3+ week, 3+ day ago (418+ words) Yield PRO CAPREIT, a fully integrated real estate operating company responsible for the ownership and management of more than $6 billion of multifamily assets in the U.S. announced it has acquired Bethesda Hill, a garden-style community approximately 10 miles north of Washington, D.C. The…...
Nearly 200 of Eventual 435 Apartment Homes Delivered in Prince George's County Maryland
3+ week, 5+ day ago (780+ words) Yield PRO A joint venture between St. John Properties, Inc. and Somerset Companies LLC has delivered the first phase of Melford Mansions, a luxury multifamily community within Melford Town Center in Bowie, Maryland. The initial delivery includes four, five-story buildings…...