News

Riverwood Apartments
Investment SalesMidwestNewsWisconsin

CBRE Arranges Sale of Two Properties in Wisconsin for $10.1 Million

by Channing Hamilton

MAUSTON AND RACINE, WIS. — CBRE has arranged the sale of Riverwood Apartments and Biscayne Apartments, two multifamily properties totaling 112 units in Mauston and Racine, for $10.1 million. An Iowa-based multifamily investor and developer purchased the assets from an Iowa-based multifamily investor. CBRE’s Max Colby, Sean Beuche, Matson Holbrook, Patrick Gallagher and Gretchen Richards represented the seller. Riverwood Apartments is proximate to I-90 and minutes away from Decorah Lake. Built in 1994, the 32-unit property features a mix of one-, two- and three-bedroom floor plans. Biscayne Apartments is located …

Continue Reading
0 FacebookTwitterLinkedinEmail
Modera Liberty Row
Leasing & MarketingNewsNorth CarolinaSoutheast

Mill Creek Residential Begins Pre-Leasing at Modera Liberty Row in Charlotte, North Carolina

by Channing Hamilton

CHARLOTTE, N.C. — Mill Creek Residential has begun pre-leasing at Modera Liberty Row, a 239-unit community in the SouthPark neighborhood of Charlotte. The community is located at 7740 Liberty Row Drive on The Loop. Units come in studio, one-, two- and three-bedroom layouts. The average unit size is 1,100 square feet. The first move-ins are slated for June. Modera Liberty Row will offer amenities such as a pool, fitness center with a yoga studio, multiple clubrooms, four elevated courtyards, game room, golf simulator lounge, bocce ball courts, coworking spaces and …

Continue Reading
0 FacebookTwitterLinkedinEmail
Unnamed community
Investment SalesNew JerseyNewsNortheast

JLL Capital Markets Arranges $50 Million for Asset in Westampton, New Jersey

by Channing Hamilton

WESTAMPTON, N.J. — JLL Capital Markets has arranged $50 million in financing for a 275-unit community in Westampton. The unnamed community is situated roughly 25 miles east of downtown Philadelphia. Michael Klein and Gerard Quinn of JLL Capital Markets worked on behalf of the undisclosed borrower to secure the five-year, fixed-rate loan. An undisclosed life insurance company provided the financing. 

Continue Reading
0 FacebookTwitterLinkedinEmail
Millennium Crest
FinanceNewsTexas

Colliers Provides $55.9 Million in Construction Financing for Project in Denton, Texas

by Channing Hamilton

DENTON, TEXAS — Colliers Mortgage has provided a $55.9 million HUD-insured loan for the construction of Millennium Crest, a 245-unit project in Denton, about 40 miles northwest of Dallas. Millennium Crest will offer 20 studios, 155 one-bedroom units and 70 two-bedroom units. Planned amenities include a clubhouse, fitness center, pool, rooftop lounge and a dog park. Kevin Gould of Colliers Mortgage originated the debt, which carries a 40-year term and amortization schedule, on behalf of the developer, an entity doing business as Millennium Crest LP.

Continue Reading
0 FacebookTwitterLinkedinEmail
IllinoisInvestment SalesMidwestNews

Woodland Rental Properties Acquires 22 Units in Marion, Illinois

by Channing Hamilton

MARION, ILL. — A division of Woodland Rental Properties LLC, managed by Heartland Realty & Rentals Inc., has acquired 22 recently built apartments situated near downtown Marion, a city located roughly 120 miles southeast of St. Louis, Missouri. The company states that the deal is part of a larger strategic investment. Roman Basi and Jason Powell represented Heartland on an internal basis. The units will be available for leasing as they come online.

Continue Reading
0 FacebookTwitterLinkedinEmail
Kristi Nootens, Waterton (Courtesy of Waterton)
New YorkNewsNortheastPeople News

Waterton Adds Kristi Nootens as Senior Vice President

by Channing Hamilton

NEW YORK CITY — Waterton, an investor and operator headquartered in Chicago, has hired Kristi Nootens as senior vice president of development. In this role, Nootens will originate and structure both mezzanine/preferred equity and joint ventures in development deals. She will be based in New York City. Nootens will work with the company’s acquisition, construction management and research teams. She will also be responsible for Waterton’s development investment strategy. She will work with the firm’s Capital Markets team in order to originate multifamily debt investments, including senior loans and mezzanine …

Continue Reading
0 FacebookTwitterLinkedinEmail
Ocotillo Bay
ArizonaInvestment SalesNewsWestern

TGM Buys 296-Unit Community in Chandler, Arizona, for $90.5 Million

by Channing Hamilton

CHANDLER, ARIZ. — New York-based TGM has acquired Ocotillo Bay, a 296-unit community in Chandler, roughly 25 miles southeast of Phoenix. An undisclosed national fund manager sold the asset for $90.5 million.  Built in 1997, Ocotillo Bay offers features two pool areas with cabanas and barbecues; an outdoor lounge area with a bocce ball court, fireplace, barbecue and covered seating area; resident clubhouse with business center and TV seating area; and fitness center with weight training and cardio equipment, as well as a separate yoga/spin room. Asher Gunter, Matt Pesch, Sean …

Continue Reading
0 FacebookTwitterLinkedinEmail
Leasing & MarketingNewsOperationsPeople NewsTexas

Rebees Management Co. Hires Micah Hart as Chief Operating Officer

by Channing Hamilton

DALLAS — Rebees, a Dallas-based owner-operator of mixed-use properties, has hired Micah Hart as the new chief operating officer (COO) of Rebees Management Co. Hart will be based in Houston. Hart will oversee operations at Sugar Land Town Square, GreenStreet and Autry Park. He will also oversee the platform’s growth into the Henderson Avenue development in Dallas, along with various other projects. Finally, Hart will lead Rebees Management Co.’s strategic initiative to launch a multifamily property management platform. Previously, Hart held positions at Parkway, Midway, The Hanover Co. and PM …

Continue Reading
0 FacebookTwitterLinkedinEmail
Westmount Realty Capital
Investment SalesNewsTexas

Westmount Realty Capital Sells 164-Unit in Arlington, Texas

by Channing Hamilton

ARLINGTON, TEXAS — Dallas-based investment firm Westmount Realty Capital has sold a 164-unit complex in Arlington. Westmount at Forest Oaks was built on 7.4 acres in 1980. The garden-style property offers one- and two-bedroom apartments with an average size of 736 square feet. Amenities include a pool, playground and fitness center. Westmount bought the property in 2016 and undertook renovations. William Hubbard, Michael Ware, Taylor Hill, Drew Kile and Joey Tumminello of Institutional Property Advisors (IPA), a division of Marcus & Millichap, represented Westmount Realty Capital in the transaction. The …

Continue Reading
0 FacebookTwitterLinkedinEmail
Brian Soss, RangeWater Real Estate
GeorgiaInvestment SalesNewsPeople NewsSoutheast

RangeWater Names Brian Soss as Executive Managing Director of Acquisitions

by Channing Hamilton

ATLANTA —RangeWater Real Estate has named Brian Soss to the role of executive managing director of acquisitions. Soss will lead the Atlanta-based company’s acquisitions strategy, identifying and securing investment opportunities. Prior to joining RangeWater, he served as co-head of multifamily asset management for Starwood Capital Group. He also previously held key positions at MetLife Investment Management. Soss received a Bachelor of Arts in economics from the University of Vermont and a Master of Business Administration from Georgetown University’s McDonough School of Business.

Continue Reading
0 FacebookTwitterLinkedinEmail
Newer Posts
Older Posts
©2025 France Publications, dba France Media Inc.