Investment Sales

Interstate Equities Buys Bay Area’s The Dylan for $83.5M

by Lynn Peisner October 14, 2026

HERCULES, CALIF. — Hercules Development Partners has sold The Dylan in Hercules, 24 miles north of San Francisco, to Interstate Equities Corp. for $83.5 million. JLL arranged the sale on behalf of the seller as well as a $54.3 million Freddie Mac acquisition loan for Los Altos, California-based Interstate Equities. Completed in 2022, The Dylan is a five-story community comprising 217 market-rate units and 15 affordable units. Rent restrictions were not disclosed. The property features studios, one- and two-bedrooms and a lounge with a community kitchen; a sports lounge with …

October 14, 2026

Berkadia Investment Sales Midwest News Wisconsin

Berkadia Arranges Sale of Tivoli Green in Metro Milwaukee

by Lynn Peisner October 14, 2026

MOUNT PLEASANT — Berkadia has arranged the sale of and financing for Tivoli Green, a 458-unit luxury community in Mount Pleasant, 27 miles south of Milwaukee. The sales price was not disclosed, but Berkadia described the transaction as “one of the largest single-asset multifamily sales in the state’s history.” Wangard Partners was the seller, and the buyer is Illinois-based Santefort Real Estate Group. Wangard has been retained to provide third-party management services for the community. Pete Evans of Berkadia Chicago and Richard Evans of Berkadia Milwaukee led the transaction on …

October 14, 2026

Berkadia Finance Florida Investment Sales News Southeast

Berkadia Arranges Acquisition and ReFi Loans Totaling $36.7M for Three Florida Deals

by Lynn Peisner October 13, 2026

FORT LAUDERDALE, FLA. — Berkadia has arranged three loans for Fort Lauderdale-based Rental Asset Management (RAM) for three Florida properties. RAM obtained a $10.3 million acquisition loan for RAM Four Hialeah, a 54-unit community in Hialeah that was completed in August. The firm also has refinanced two assets: The Devonshire (36) units in Miami Springs with a $3.24 million Freddie Mac loan and Summer Lake Villas in New Port Richey with a $23.2 million Freddie Mac loan. The Devonshire was developed in 1964, and Summer Lake Villas was built in …

October 13, 2026

Investment Sales News Texas

Haven Housing Acquires The Evergrove at Crystal Village in Austin Suburb

by Lynn Peisner October 12, 2026

LEANDER, TEXAS — Haven Housing, the multifamily and affordable housing division of Los Angeles-based commercial real estate investor BH Properties, has acquired The Evergrove at Crystal Village, a 346-unit garden-style property in the Austin suburb of Leander. The seller and sales price were not disclosed. Located at 2090 Raider Way, The Evergrove was completed in 2024 and is located within Crystal Village, a master-planned, mixed-use development. The property was 92 percent occupied as of September. Situated on 15 acres, The Evergrove comprises a mix of one-, two- and three-bedroom apartments along …

October 12, 2026

Investment Sales New Jersey News Northeast

Pantzer Buys Transit-Oriented Community in New York City Metro for $79M

by Lynn Peisner October 12, 2026

WOODBRIDGE, N.J. — Prism Capital Partners and Northwestern Mutual have sold Avenue & Green in Woodbridge to Pantzer for $79 million. The property has been renamed The Point Woodbridge. JLL’s Jose Cruz, Mike Oliver, Steve Simonelli, Elizabeth DeVesty, Austin Pierce and CJ Anania arranged the sale on behalf of the seller. Avenue & Green was completed in 2021 and comprises 232 units, a resort-style pool, courtyard, grills and outdoor dining areas, fire pit, resident lounge, billiards, shuffleboard, a fitness center, demonstration kitchen, bike storage, coworking space and parking. The property …

October 12, 2026

Development Investment Sales News North Carolina Southeast

Alliance Residential Acquires Land for New Development in Charlotte

by Lynn Peisner October 9, 2026

CHARLOTTE, N.C.— Alliance Residential Co. has acquired a 3.4-acre parcel of land at 1306 Berryhill Road in Charlotte’s Enderly Park neighborhood. The Scottsdale, Arizona-based developer will construct Broadstone Enderly Park on the site, a 336-unit community slated for completion in 2028. Cline Design Associates is the architect, The John R. McAdams Co. is civil engineer, and MAD Studio Interiors provided interior design services. Units will range from 600 to 1,280 square feet complemented by such amenities as a clubhouse with a leasing center, fitness center, club room, game room and …

October 9, 2026

Investment Sales News Washington Western

RISE Properties Sells 366-Unit The Groves in Seattle Metro Area for $72M

by Lynn Peisner October 9, 2026

KENT, WASH. — RISE Properties has sold The Groves Apartments (366 units) in Kent to FPA Multifamily for $72 million. Institutional Property Advisors’ Philip Assouad, Giovanni Napoli, Ryan Harmon, Nick Ruggiero and Anthony Palladino represented the seller, which acquired the asset in 2019. During its hold, RISE renovated about 68 percent of the units and upgraded amenities and common areas. The property, which has been rebranded as ReNew Meridian, is about 30 miles south of Seattle and includes two- and three-story residential buildings and a clubhouse across 20 acres. It …

October 9, 2026

Investment Sales Midwest Missouri News

Colorado Investor Buys Whisper Hollow in Metro St. Louis

by Lynn Peisner October 8, 2026

MARYLAND HEIGHTS, MO. — Chicago-based Banner Real Estate Group has sold Whisper Hollow Apartments in Maryland Heights to Franktown, Colorado-based Monarch Investment and Management Group for an undisclosed sum. Northmarq’s St. Louis Investment Sales team, led by Dominic Martinez, Parker Stewart, Alex Malzone and Charlie McKee, arranged the sale. The 315-unit community at 12430 Whisper Hollow Drive is about 20 miles northwest of St. Louis. Developed in 1976 and renovated in 2018, the community features a pool, fitness center, dry sauna, business center with a coffee bar, clubhouse, game room …

October 8, 2026

Arizona Investment Sales News Western

IPA Brokers $47.8M Sale in Phoenix

by Lynn Peisner October 7, 2026

PHOENIX — Institutional Property Advisors (IPA) has arranged the sale of The Astor at Osborn, a 191-unit mid-rise community in Phoenix. The asset traded between two unnamed parties for the sum of $47.8 million. Completed in 2019, The Astor at Osborn has garage parking, a resort-style pool, fitness center, club room and outdoor grilling stations. Floor plans are available as studios, one-, two- and three-bedroom units, which feature stainless steel appliances and 10-foot ceilings. IPA’s Steve Gebing and Cliff David represented the seller and procured the buyer.

October 7, 2026

Berkadia Investment Sales Nevada News Western

Kennedy Wilson Sells Sagecliff in Nevada for $54.8M

by Lynn Peisner October 7, 2026

RENO, NEV. — Berkadia has arranged the $54.8 million sale of Sagecliff in Reno. Beverly Hills, California-based Kennedy Wilson was the seller, and Korda Group, a California-based family office, was the buyer, according to CoStar. Sagecliff (220 units) was built in 1997 and features a mix of one- and two-bedroom units averaging 941 square feet. The property’s amenity package includes a pool and hot tub, fitness center, clubhouse and detached garages. Kennedy Wilson invested approximately $2 million in capital improvements during its hold period, which began in 2021. Updates included …

October 7, 2026

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