Monthly Archives: June 2022

MacKenzie brokers sale of Baltimore City warehouse – new apartments planned

MacKenzie Commercial Real Estate Services, LLC has brokered the sale of 600 South Caroline Street, a 50,000 square foot warehouse building situated between the Harbor East and Fells Point sections of Baltimore City to Chasen Companies for $10 million. The Meyer Seed Company, a three-generation, family-run seed and garden supply operations that dates back to […]

Texas-Based Real Estate Investment Group Acquires Three Large Multifamily Communities Totaling 600-Units in San Antonio

SAN ANTONIO, TX – DJE Texas Management Group (DJE), a vertically integrated real estate investment and management company based in San Antonio, has closed on The DJE North Portfolio. The North Portfolio contains 600 apartment units throughout three apartment communities in North Central San Antonio. The properties are located at: 12221 Blanco Road, 7302 University […]

FCP and VaultCap Partners Complete Acquisition of 200-unit Huntington Meadows Apartment Community in Austin, Texas

AUSTIN, TX – FCP and VaultCap Partners announce the acquisition of Huntington Meadows apartments, a 200-unit multifamily property at 7000 Decker Lane in Austin, Texas. Huntington Meadows is the first acquisition in Austin for both FCP and VaultCap and was sourced through an off-market opportunity based on an existing relationship. Terms of the transaction were […]

Greystone Appoints Hafize Gaye Erkan as CEO

Founder and CEO Steve Rosenberg to continue to serve as the Executive Chair Further expansion of core commercial, multifamily real estate lending and capital markets business to come alongside entrance into new financial service sectors Greystone, a leading national real estate finance company, announced today that the Company has appointed Hafize Gaye Erkan as its […]

Parkview Financial Provides $22.5 Million Loan for the Redevelopment of Former American Red Cross Building into Mixed-Use Project in Birmingham, AL

New York, NY – Parkview Financial announced today it has provided a $22.5 million loan to EPT Holdings, LLC for a mixed-use redevelopment project located at 2225 3rd Avenue North in Birmingham, AL. Built in 1947, the five-story property has been shuttered since 1999 when it was vacated by the American Red Cross. It is […]

Mayfair and Navarino Enter Huntsville Market With $17.5 Million Acquisition of Cambridge Court and Windsor Apartment Communities

HUNTSVILLE, AL – The Kirkland Company announced the sale of The Windsor, an 88-unit complex, and Cambridge Court, a 64-unit complex, both located in the heart of Huntsville, Alabama. The combined purchase price for both properties is approximately $17,500,000. The properties are comprised of studio, one-bedroom and two-bedroom apartments. “Windsor and Cambridge are a perfect […]

Freshwater Investments Expands Its Footprint With $26.5 Million Acquisition of Hanover Apartments in Portland, Oregon Submarket

BEAVERTON, OR – Freshwater Investments has acquired 84-unit Hanover Apartments in Beaverton, Oregon for $26.5 million. Built in 1998, an ideal vintage for value-add strategy, the property is comprised of good size 1-, 2- and 3-bedroom apartments with an average unit size of 918 square feet. Ideally located within Beaverton, one of Portland s most […]

MAXX Properties Announce The Acquisition of 261-Unit The Ridge Luxury Apartment Community in Submarket of Sandy, Utah

SANDY, UT – MAXX Properties announced the acquisition of The Ridge, a 261-unit, 4-story luxury apartment community near Sandy Utah. The Ridge boasts commanding views of the Wasatch and the Oquirrh mountain ranges. The Ridge offers modern one-, two-, and three-bedroom apartments. These luxury homes were built in 2018 and feature tech-forward amenities and a […]

Hamilton Zanze Completes Disposition of 320-Unit Hunter’s Chase Apartment Community in Metropolitan Richmond Submarket

RICHMOND, VA – San Francisco-based real estate investment firm Hamilton Zanze announced the sale of Hunter’s Chase Apartments in the desirable Chesterfield County submarket of Richmond, Virginia. The group purchased the property in 2017. During their ownership, Hamilton Zanze completed a successful unit renovation campaign, an office and gym renovation, landscaping improvements, siding replacement and […]

$51.25M financing secured for three multi-housing properties in Florida

MIAMI, FL – JLL Capital Markets announced today that it has closed $51.25 million in acquisition financing for a three-property multi-housing portfolio in Gainesville, Florida. JLL represented the borrower, American Commercial Realty Corp., to secure the three-year loan through Trez Capital, one of Canada’s largest non-bank commercial real estate lenders that is helping to build better communities […]