Investment Sales

Ivy-Gates-Petersburg

PETERSBURG, VA. — Greencove Group has sold Ivy Gates in Petersburg, about 30 miles south of Richmond, Virginia, to CCM for $17.7 million. SYM Properties has been named manager of the community under the new ownership. Drew White, Carter Wood, Matt Straughan and Cole Carns of Berkadia Richmond arranged the sale on behalf of the seller. Located at 101 Ivy Lane, Ivy Gates features two- and three-bedroom tri-level townhome apartments ranging from approximately 1,369 to 1,677 square feet. Residences feature private entrances, patio areas, separate dining spaces, hardwood flooring and …

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Chicora-Apartments-Myrtle-Beach

MYRTLE BEACH, S.C. — Marcus & Millichap has arranged the sale of Chicora Apartments, a 34-unit community in Myrtle Beach. The asset traded for $3.6 million. Neither party to the transaction was named. Will Graves Jr., Ryan Lipomi and Carson Ford of Marcus & Millichap represented the seller. Built in 1963, the property is located at 501 38th Ave. North on a 1.9-acre lot. The community totals approximately 31,000 rentable square feet and includes one-, two- and three-bedroom apartments with an average unit size of 912 square feet.

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BETHESDA, MD. — Walker & Dunlop has hired Jack Hodgkins and Stacie Nekus to its Low-Income Housing Tax Credit (LIHTC) equity team. Hodgkins joins the Bethesda-based commercial real estate finance and advisory services firm as senior vice president and head of LIHTC credit, based in Denver. Nekus joins as senior managing director and head of business development for LIHTC investor relations, based in Pittsburgh. Hodgkins will lead LIHTC credit strategy and underwriting, while Nekus will lead business development efforts for Walker & Dunlop Affordable Equity’s LIHTC investor relations team.

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Nova-Central-Davie

DAVIE, FLA. — Berkadia has arranged the sale of and financing for Nova Central, a 140-unit property in Davie, about 11 miles west of Fort Lauderdale, Florida.  Jaret Turkell, Omar Morales and Yoav Yuhjtman of Berkadia South Florida led the transaction on behalf of the seller, Robbins Property Associates of Tampa, Florida. The property sold to Denver-based McDowell Properties. Josh Finley of Berkadia Atlanta and Matt Robbins of Berkadia Boca Raton, arranged an undisclosed amount of acquisition financing.

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Forest-Pointe-Lake-Bluff

LAKE BLUFF, ILL. — Marquette Cos. has acquired Forest Pointe in Lake Bluff, a village located on Chicago’s North Shore. Marquette also will manage the 236-unit property at 29533 Waukegan Road. The sales price and seller were not disclosed. Forest Pointe’s one- and two-bedroom apartments are situated in seven three-story buildings with a clubhouse and leasing center at the hub of the community. Marquette is planning to renovate unit interiors and update amenity offerings with a new grilling area, seating area with a fire pit and pergola and a dog …

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Tempo-at-Riverpark-Oxnard

OXNARD, CALIF. — JLL Capital Markets has secured an acquisition loan for approximately $55.8 million for Hines’ purchase of Tempo at Riverpark in Oxnard. Tempo at Riverpark is located at 450 Forest Park Blvd. in the Riverpark master-planned community. Residents live within walking distance of The Collection at Riverpark, a 650,000-square-foot retail center anchored by Whole Foods and Target. The property was built in 2016 and was 95.7 percent occupied as of December 2025. Amenities include a 24-hour fitness center, pool and hot tub, resort-style cabana seating, resident lounge with …

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1755-N-Damen-Chicago

CHICAGO — Interra Realty has arranged the $7.34 million sale of a 13-unit, mixed-use building in Chicago’s Bucktown neighborhood. Interra Senior Managing Partner Joe Smazal and Director Mark Dykstra represented the buyer, Stocking Urban, LLC, led by Nicholas Stocking. Smazal and Dykstra also represented the confidential seller in the off-market deal. All residential units were fully occupied at the time of sale. The property features three two-bedroom, five three-bedroom and two four-bedroom layouts. In addition to the residential units, the building includes three commercial spaces, two of which were occupied …

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Corner-63-Seattle

SEATTLE — CBRE has arranged the $59.3 million sale of Corner 63 Apartments in Seattle’s Roosevelt neighborhood. Eli Hanacek, Kyle Yamamoto and Natalie Kasper of CBRE’s Pacific Northwest multifamily team represented the seller, High Street Residential, the residential subsidiary of Trammell Crow Co., in the transaction. The buyer’s identity was not disclosed. Located at 6300 9th Ave. NE, Corner 63 is a seven-story, mid-rise community completed in 2023. The property offers a mix of studio, one- and two-bedroom units. Amenities include a rooftop terrace, fitness center, coworking lounge, dog run …

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Drew-McWilliams-Greysteel

NEW YORK CITY — Greysteel has hired Drew McWilliams to lead affordable housing advisory and transaction efforts in New York and other regional markets. He will provide investment sales, debt and structured finance services as well as preservation and tax-credit syndication counsel to owners, developers and institutional investors. McWilliams joins Greysteel from New York City-based Ariel Property Advisors where he served as associate director.

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Forty649-North-Hills-El-Paso

EL PASO, TEXAS — Hamilton Point Investments has sold Forty649 North Hills in El Paso. JLL represented Hamilton Point, and the buyer’s identity was not disclosed. The asset, located at 4649 Loma Del Sur Drive, was 93.3 percent occupied when the deal closed. JLL’s team was led by Steven Hahn Jr., Art Barnes and William Jennings. The 345-unit Forty649 North Hills, developed in 2009, is comprised of 42 two-story buildings. Amenities include a resort-style pool, fitness center, clubhouse, dog park and covered parking.

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