News

Lindsey Manor Apartments in Kernersville, North Carolina
Investment SalesNewsNorth CarolinaSoutheast

Gindi Equities Sells Community in Kernersville, North Carolina, for $34 Million

by Channing Hamilton

KERNERSVILLE, N.C. — Gindi Equities has sold Lindsey Manor Apartments in Kernersville, 10 miles east of Winston-Salem, North Carolina, to an undisclosed buyer for $34 million. Located at 472 Lindsey St. near downtown Kernersville, Lindsey Manor Apartments consists of 222 units in one- two- and three-bedroom configurations.  Gindi Equities originally acquired the asset in October 2021 for $24.5 million. The company completed a series of renovations at the property, including updates to apartment interiors, complete reroofing, new dog park and grilling area and upgrades to the pool and playground. This transaction …

Continue Reading
0 FacebookTwitterLinkedinEmail
DevelopmentFloridaNewsPeople NewsSoutheast

Hillpointe Appoints Jamie Telchin as Vice President of Development

by Channing Hamilton

WINTER PARK, FLA. — Winter Park-based development and investment management firm Hillpointe has appointed Jamie Telchin to the position of vice president of development. In this role, Telchin will lead the development team for Hillpointe’s Pointe Grande for-rent and for-sale communities. Prior to joining Hillpointe, Telchin was senior managing director at Waypoint Residential, a developer and investment manager headquartered in Boca Raton, Florida. Additionally, he served as an executive vice president of development at LXR, an affiliate of The Blackstone Group. He received an MBA from the University of Colorado at …

Continue Reading
0 FacebookTwitterLinkedinEmail
Blankenbaker Crossings in Louisville, Kentucky
Investment SalesKentuckyNewsSoutheast

Morgan Properties Purchases Blankenbaker Crossings in Louisville, Kentucky, for $39 Million

by Channing Hamilton

LOUISVILLE, KY. — Conshohocken, Pennsylvania-based Morgan Properties has purchased Blankenbaker Crossings, a 236-unit property in Louisville, for $39 million. Built between 2005 and 2006, the garden-style community was 96 percent occupied at the time of sale. The new ownership plans to invest $2.1 million to add new amenities to the community, including a pickleball court, dog parks and Amazon package hubs. Additionally, units will be updated with kitchen and bath renovations, new washers and dryers and smart technology features. Craig Collins and Mike Kemether of Cushman and Wakefield brokered the …

Continue Reading
0 FacebookTwitterLinkedinEmail
Equinox Apartments in St. Anthony, Minnesota
Investment SalesMidwestMinnesotaNews

ARTISAN Capital Group, Eastham Capital Acquire 266-Unit Equinox Apartments in Suburban Minneapolis

by Channing Hamilton

ST. ANTHONY, MINN. ­— A partnership between ARTISAN Capital Group and Eastham Capital has purchased Equinox Apartments, a 266-unit property in St. Anthony, about 5 miles north of Minneapolis. Fannie Mae provided an undisclosed amount of financing for the acquisition. Built in 1974 on 17.5 acres, Equinox Apartments features a mix of 151 one-bedroom and 115 two-bedroom apartments. Each unit includes a walk-in closet and patio or deck. Amenities include a clubhouse with entertainment space, indoor and outdoor pools, a fitness center, grilling area, dog park, playground and detached parking …

Continue Reading
0 FacebookTwitterLinkedinEmail
Northbend apartments in Tempe
ArizonaDevelopmentNewsWestern

Construction Wraps on Northbend in Tempe

by Lynn Peisner

TEMPE, ARIZ. — McShane Construction and developers Banyan Residential and Milhaus have completed development of Northbend, a 310-unit property in Tempe. The garden-style community was designed by Todd & Associates, a Phoenix-based architecture firm. Northbend features a 4,300-square-foot clubhouse, a resort-style pool, a fitness center with a yoga studio, a courtyard with firepits and a dog park.

Continue Reading
0 FacebookTwitterLinkedinEmail
One Seven at Belleview Station in Denver
ColoradoFinanceNewsWestern

Trammell Crow, Cigna Secure $75 Million Refinance Loan for Denver Asset

by Lynn Peisner

DENVER — JLL Capital Markets has arranged a $75 million loan through a national life insurance company for Trammel Crow and Cigna. The joint-venture partnership will use the funds to pay off the original construction loan for One Seven at Belleview Station in Denver. The 250-unit, mixed-use property includes 7,062 square feet of retail. It opened in 2023 and is currently 69 percent leased. One Seven Belleview Station has a roof-top pool, remote work center, clubroom, wellness center, bike storage, pet spa and a theater room. Units are offered as …

Continue Reading
0 FacebookTwitterLinkedinEmail
District by Windsor in Denver
ColoradoInvestment SalesNewsWestern

JLL Arranges District by Windsor Sale in Denver

by Lynn Peisner

DENVER — GID has sold The District by Windsor in Denver to Chicago-based Mesirow Financial. Atlanta-based GID owns and operates approximately 55,000 units throughout the United States. The District by Windsor is a 276-unit property built in 2007. The sales price was not disclosed, but some media outlets are reporting the asset traded for $91 million. JLL represented GID and procured Mesirow Financial as the buyer. The District by Windsor, which consists of three buildings, features a resort-style pool, a fitness center and electric vehicle charging stations.

Continue Reading
0 FacebookTwitterLinkedinEmail
Villa Ladera in Dallas
Investment SalesNewsTexas

CBRE Brokers Sale, Arranges Financing in Villa Ladera Trade

by Lynn Peisner

DALLAS — Blue Ocean, a value-add and opportunistic investment firm based in Maryland, has acquired Villa Ladera in Dallas from an undisclosed seller. CBRE represented both parties in the deal. The price of the trade not disclosed. Villa Ladera is a 184-unit property developed in 1972. Blue Ocean is planning to renovate several units. The seller has owned the property since 2017. Features include controlled access, a playground, two laundry facilities and approximately 400 parking spaces. Villa Ladera was 96 percent occupied at the time of sale. Chris Deuillet and …

Continue Reading
0 FacebookTwitterLinkedinEmail
The Destino
Investment SalesNewsTexas

Marcus & Millichap Brokers Sale of Destino in Dallas Metroplex

by Lynn Peisner

GRAND PRAIRIE, TEXAS — Atlantic Multifamily has sold The Destino, 192-unit property in Grand Prairie to an undisclosed New York-based private investment company. The Destino was built in 2000 on 11 acres. Al Silva, senior managing director, and Ford Braly, senior vice president investments, of Marcus & Millichap’s Fort Worth office listed the asset on behalf of Atlantic Multifamily and secured the buyer. The 18-building, three-story, gated property features a pool, an outdoor kitchen, playground and dog park. The average unit size is 1,000 square feet.

Continue Reading
0 FacebookTwitterLinkedinEmail
SK Apartments in North Miami
FloridaInvestment SalesNewsSoutheast

Marcus & Millichap Closes $16.5 Million Sale in North Miami

by Lynn Peisner

MIAMI — Marcus & Millichap has brokered the sale of SK Apartments in North Miami. The asset, located at 14555 NE 145th St., was sold by an unnamed private investor for $16.5 million. Felipe Echarte, Evan Kristol and Nicholas McAndrew based out of Marcus & Millichap’s Fort Lauderdale office represented the seller. The property includes a mix of one- and two-bedroom units, averaging 645 square feet. According to Apartments.com, the building was constructed in 1963.

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