SACRAMENTO, CALIF. — DHI Hellenic Apartments L.P., a California-based limited partnership, has completed the renovation and rehabilitation of Hellenic Senior Apartments, an affordable senior’s housing property in the Pocket-Greenhaven area of Sacramento. Renovations included replaced roofs and siding, new energy-efficient systems and updates to common areas such as the clubhouse, leasing office and laundry facilities. All 70 units received new windows, sliding glass doors, energy-efficient appliances, dishwashers, modern kitchen cabinets and countertops. Fourteen units were upgraded to be fully ADA compliant, and several units received additional modifications to accommodate residents …
BOSTON — Marcus & Millichap has arranged the sale of the Fuller Street Portfolio, a 12-unit portfolio located in the Dorchester neighborhood of Boston. The portfolio consists of two six-unit buildings, as well as a vacant lot. The properties are located at 46-48 and 301-305 Fuller St. The communities are separately metered heat and electricity, off-street parking and on-site laundry facilities. Evan Griffith and Tony Pepdjonovic of Marcus & Millichap marketed the properties on behalf of the seller and procured the buyer. Both parties were private investors. The assets traded hands for …
DALLAS — SPI Advisory has acquired Winsted at White Rock, a 314-unit property located in the Lakewood neighborhood of Dallas. The garden-style community was built in 1996. The previous ownership partially renovated the property. SPI Advisory plans to fully renovate the remaining units, enhance common areas and amenities and finish installing washers and dryers in all units. This marks SPI Advisory’s 49th acquisition in the Dallas-Fort Worth metropolitan area since the company’s inception in 2014. The Dallas-based firm now owns and operates about 4,000 units across metro Dallas and approximately 8,000 …
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.
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 …
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 …
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 …
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.
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 …
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 …