Tuesday, November 26, 2024
Read the Digital Magazines Subscribe to the Newsletter

News

903 Peachtree in Atlanta
GeorgiaInvestment SalesNewsSoutheast

Waterton Acquires 32-Story 903 Peachtree in Midtown Atlanta

by Channing Hamilton

ATLANTA — Waterton has purchased 903 Peachtree, a 32-story apartment tower located at 903 Peachtree St. in Atlanta’s Midtown neighborhood. The seller and sales price were not disclosed, but Atlanta Business Chronicle reported that the asset traded for $118.6 million. 903 Peachtree features 427 apartment units, as well as 46,000 square feet of amenity space. Units come in studio, one-, two- and three-bedroom floor plans. The property also includes 7,843 square feet of retail space. Residents have access to outdoor amenities such as a rooftop pool and lounge area, grilling stations, private cabanas …

Continue Reading
0 FacebookTwitterLinkedinEmail
Common on Pine in Jersey City, New Jersey
Investment SalesNew JerseyNewsNortheast

Redwood Realty Advisors Arranges $6.6 Million Sale of Common on Pine in Jersey City, New Jersey

by Channing Hamilton

JERSEY CITY, N.J. — Redwood Realty Advisors has arranged the sale of Common on Pine, a 16-unit community located in the Bergen-Lafayette neighborhood of Jersey City. Recently completed in 2024, Common on Pine offers amenities such as a rooftop lounge, bike storage and a gym. The property also includes one ground-floor commercial space. The asset traded hands for $6.6 million. Steve Matovski represented the seller, 327 Communipaw LLC, and procured the buyer, an undisclosed long-term client of Redwood Realty Advisors.

Continue Reading
0 FacebookTwitterLinkedinEmail
ColoradoDevelopmentLeasing & MarketingNewsWestern

Thompson Thrift Opens 336-Unit Premier at West Park in Greeley, Colorado

by Channing Hamilton

GREELEY, COLO. — Thompson Thrift has opened Premier at West Park, a 336-unit complex in Greeley, roughly 60 miles north of Denver. Located at 3800 Centerplace Drive, Premier at West Park consists of 10 three-story buildings across 21 acres. Apartments come in one-, two- and three-bedroom layouts. Amenities include a clubhouse, pool, fitness center, outdoor game area, seating area with gas fire pits, dog park, pet spa with grooming station and pickleball court. The property also includes 133 detached garages. The first residents began moving in during the early summer …

Continue Reading
0 FacebookTwitterLinkedinEmail
Cantera in Carrollton, Texas
Investment SalesNewsTexas

Marcus & Millichap Brokers Sale of 172-Unit Cantera in Carrollton, Texas

by Channing Hamilton

CARROLLTON, TEXAS — Marcus & Millichap has arranged the sale of Cantera, a 172-unit property in Carrollton, roughly 20 miles north of Dallas. Touro Co. and Catalyst Equity Partners sold the community to Cantera CRG LLC for an undisclosed price. Wesley Racht, Joey Murry, Nick Fluellen and Bard Hoover of Marcus & Millichap’s Dallas office marketed the asset on behalf of the seller and procured the buyer.  Cantera is located at 1910 S. Josey Lane. Built in 1969, the complex consists of 12 buildings on a 6.2-acre parcel. Units come in one- and two-bedroom floor …

Continue Reading
0 FacebookTwitterLinkedinEmail
The Louisa in Portland, Oregon
Investment SalesNewsOregonWestern

JLL Capital Markets Arranges Sale of 242-Unit The Louisa in Portland, Oregon

by Channing Hamilton

PORTLAND, ORE. — JLL Capital Markets has arranged the sale and financing of The Louisa, a 242-unit community located at 123 NW 12th Ave. in Portland’s Pearl District. JLL worked on behalf of the undisclosed seller and procured the buyer, Guardian Real Estate Services and their capital partner. Additionally, JLL arranged the five-year, fixed-rate loan for the buyer. Ira Virden, Carrie Kahn and Frank Solorzano led the JLL Capital Markets investment and sales advisory team. Casey Davidson and Charlie Watson spearheaded the Debt Advisory team. The Louisa was constructed in 2005. The community …

Continue Reading
0 FacebookTwitterLinkedinEmail
Stonemeadow Farms in Bothell, Washington
Investment SalesNewsWashingtonWestern

JLL Capital Markets Arranges $93.1 Million Sale of Stonemeadow Farms in Suburban Seattle

by Channing Hamilton

BOTHELL, WASH. — JLL Capital Markets has arranged the sale of Stonemeadow Farms, a 280-unit community located at 23028 27th Ave. SE in Bothell, roughly 20 miles northeast of Seattle. LaSalle Investment Management sold the property for $93.1 million. David Young, Corey Marx and Chris Ross led the JLL Capital Market’s investment and sales advisory team representing the seller. The buyer was not disclosed. Stonemeadow Farms was constructed in 1999. The garden-style community consists of 20 buildings on a 29.1-acre site. Amenities include a fitness center, clubhouse with a kitchen …

Continue Reading
0 FacebookTwitterLinkedinEmail
CaliforniaCompany NewsInvestment SalesNewsOperationsPeople NewsWestern

Colliers Appoints Christian Prelle as Executive Vice President, Head of Office Agency

by Channing Hamilton

SAN JOSE, CALIF. — Colliers has appointed Christian Prelle as executive vice president and head of office agency at the firm’s San Francisco Bay Area brokerage. In this role, Prelle will expand Colliers’ office agency practice and lead strategic initiatives to enhance the company’s market position in the Bay Area. Prior to joining Colliers, Prelle served as executive managing director at Newmark, where he led the Palo Alto office for 6 years and oversaw roughly 55 brokers and staff.

Continue Reading
0 FacebookTwitterLinkedinEmail
Aldercrest Apartments in Seattle
Investment SalesNewsWashingtonWestern

Northmarq Brokers $13.1 Million Sale of Aldercrest Apartments in Seattle

by Channing Hamilton

SEATTLE — Northmarq has arranged the sale of Aldercrest Apartments, a 47-unit community located at 303 10th Ave. in Seattle’s First Hill district. An entity doing business as 303 10th Ave LLC purchased the property for $13.1 million. Tyler Smith, Steve Fischer, Joe Kinkopf, Brendan Greenheck, Taylor Wymna and Matt Johnson of Northmarq’s Seattle Multifamily Investment Sales team represented the undisclosed seller in the deal. Aldercrest Apartments was built in 1999. The property offers studio, one- and two-bedroom floor plans. Apartments feature nine-foot ceilings, bay windows and in-unit washers and …

Continue Reading
0 FacebookTwitterLinkedinEmail
Lux on Main in Carrollton, Texas
Investment SalesNewsTexas

Cushman & Wakefield Arranges Sale of 352-Unit Lux on Main Apartments in Metro Dallas

by Channing Hamilton

CARROLLTON, TEXAS — Cushman & Wakefield has brokered the sale of Lux on Main, a 352-unit community in Carrollton, approximately 20 miles north of Dallas. RPM Living purchased the asset from Nimes Real Estate for an undisclosed price. Asher Hall and Grant Raymond of Cushman & Wakefield represented the seller in the deal. Lux on Main was constructed in 2019. The community offers studio, one- and two-bedroom units. Amenities include a pool, wellness center, resident lounge and a business center. The property also features 4,095 square feet of fully leased …

Continue Reading
0 FacebookTwitterLinkedinEmail
Kensington Crossing in Fredericksburg, Virginia
Investment SalesNewsSoutheastVirginia

The Milestone Group Acquires Two Communities Totaling 676 Units in Fredericksburg, Virginia

by Channing Hamilton

FREDERICKSBURG, VA. — The Milestone Group has acquired two apartment communities totaling 676 units in Fredericksburg, a city situated roughly 60 miles south of Washington, D.C., and 60 miles north of Richmond, Virginia. The communities included in the sale were Kensington Crossing (476 units) and Magnolia Falls (200 units). The Milestone Group assumed the existing loans for both communities and plans to upgrade common areas and amenities. The previous owner fully renovated the interiors at both properties. The seller and sales price were not disclosed.

Continue Reading
0 FacebookTwitterLinkedinEmail
Newer Posts
Older Posts
©2024 France Publications, dba France Media Inc.