Walker & Dunlop Completes $92 Million Sale of Luxury Multifamily Community in Miami’s Burgeoning East Little Havana Neighborhood
BETHESDA, Md., June 30, 2022 — Walker & Dunlop, Inc. announced today that it facilitated the $92,000,000 sale of First Apartments, a luxury mid-rise apartment community ideally situated less than one mile from both Downtown Miami and Brickell in up-and-coming East Little Havana. Completed in late 2021, the community reached 90% occupancy by January 2022, reflecting an extraordinary initial leasing velocity of nearly […]
Embrey to Expand Single-Family Rental Portfolio with Collection Champions Circle
SAN ANTONIO, June 30, 2022 — Embrey has closed on land for the company’s second single-family rental development project, Collection Champions Circle. Located in Fort Worth, Texas, the 22.9-acre property will feature 276 one- two- and three-bedroom duplex-style homes. Collection Champions Circle will be a master-planned community that provides the privacy and neighborhood feel of a single-family […]
Estrella at Kiest Affordable Housing Development by ZNE Capital and LeavenWealth closes on $3.0M Equity Investment from American South Fund Management
Estrella at Kiest Affordable Housing Development by ZNE Capital and LeavenWealth closes on $3.0M Equity Investment from American South Fund Management The acquisition and renovation of this 232-unit apartment community will help preserve the affordable housing stock in South Dallas DALLAS, June 29, 2022 — Funding has closed on the acquisition/renovation of Estrella at Kiest, a 232-unit apartment community […]
Orion Real Estate Partners Acquires 180-Unit Value-Add Apartment Complex in San Antonio, Texas
Orion Real Estate Partners Acquires 180-Unit Value-Add Apartment Complex in San Antonio, Texas SAN ANTONIO, June 28, 2022 — Los Angeles-based Orion Real Estate Partners (“Orion”) announced today that it has acquired Remington Ranch, a garden-style apartment community in San Antonio, Texas. Orion purchased the 180-unit apartment community in June 2022 and plans to invest approximately $2.6mm in interior and exterior improvements. […]
Michael Muller of Eastern Union Secures $83.8 Million in Financing for Two Multifamily Properties in Amherst, MA Area
Michael Muller of Eastern Union Secures $83.8 Million in Financing for Two Multifamily Properties in Amherst, MA Area NEW YORK, June 23, 2022 — Michael Muller, a senior managing director with Eastern Union, has arranged a total of $83.8 million in financing in support of The Boulders, a 256-unit, multifamily property in Amherst, MA, and Cliffside Apartments, a 280-unit property […]
Embrey Closes on Land Purchase For Luxury Multifamily Residences in Lakewood, CO
Embrey Closes on Land Purchase For Luxury Multifamily Residences in Lakewood, CO LAKEWOOD, Colo. , June 21, 2022 — Embrey has closed on the land purchase for Bel Aire, a 354-unit multifamily residential community located near Denver’s 40 West Arts District. About nine miles west of Denver, Bel Aire’s mid-century modern inspired architecture and interiors come equipped with two top floor […]
Aventon Companies Begins Construction on Luxury Apartment Community in Cary
Aventon Companies Begins Construction on Luxury Apartment Community in Cary CARY, N.C., June 20, 2022 — Aventon Companies, a prominent, vertically integrated multi-family developer with active projects throughout the mid-Atlantic and Southeast, announced it has broken ground on its second apartment community within the Raleigh-Durham–Chapel Hill metropolitan market. Aventon Kit Creek, located in the town of Cary, will be a […]
Embrey Closes on Land Purchase in Charlotte’s Lower South End
Embrey Closes on Land Purchase in Charlotte’s Lower South End SAN ANTONIO , June 16, 2022 — Embrey, a diversified real estate investment company based in San Antonio, has closed on a five-parcel assemblage totaling 4.5 acres of land in Charlotte, North Carolina. The firm plans to construct Southerly at LoSo, a high-end, 403-unit luxury apartment community, in the popular […]
Northmarq’s Phoenix Office Sells and Finances $92 Million Purchase of 288-Unit The Nolan Multifamily Community in Mesa, Arizona
Northmarq’s Phoenix Office Sells and Finances $92 Million Purchase of 288-Unit The Nolan Multifamily Community in Mesa, Arizona PHOENIX, AZ – Northmarq Phoenix’s Investment Sales team of Trevor Koskovich, Bill Hahn, Jesse Hudson, and Ryan Boyle represented the buyer, Rise48 Equity, LLC, in the $92 million purchase of The Nolan, a 288-unit multifamily community at […]
Vertical Street Ventures and Partners Acquire New Tucson Property
Vertical Street Ventures and Partners Acquire New Tucson Property TUCSON, Ariz., June 9, 2022 — Vertical Street Ventures (VSV) announced the acquisition of their fifth property in Tucson, Arizona. The acquisition marks the company’s 21st transaction in the Western United States, bringing the total VSV portfolio to $270 Million in assets under management. The 114-unit apartment complex, which will be rebranded to […]