Monthly Archives: July 2022

S2 Capital Acquires Major Multifamily Portfolio Totaling Fourteen Properties with 4,455-Units in Dallas-Fort Worth and Houston Markets

DALLAS, TX – S2 Capital announced it has acquired a 14-property portfolio across Dallas-Fort Worth and Houston. The portfolio totals 4,455 units across 14 assets built in 1979-1987. S2, a national multifamily investor with more than $10 billion in transaction volume, is making this investment from its S2 Multifamily Value-Add Fund 1. Terms of the […]

Monument Capital Management (MCM) Launches Fifth Workforce Housing Fund; Target is $100 Million, the Firm’s Largest Fund-to-Date

Often realizing IRR’s of 30 percent, MCM, soon to celebrate its 10th anniversary, looks to continue realizing compelling returns through its proprietary investment model    MIAMI – Monument Capital Management (MCM), an A-Rod Corp company and one of the country’s premier fully integrated real estate investment firms, has announced the launch of Monument Opportunity Fund V, the latest of the […]

New Affordable Housing Coming to Los Angeles with $72 Million in Financing from Greystone Affiliate, America First Multifamily Investors, L.P.

Tax-Exempt and Taxable Bonds Finance Significant Portion of Construction Costs for 200-Unit Building Greystone affiliate, America First Multifamily Investors, L.P. (NASDAQ: ATAX) (“ATAX”), today announced that it has purchased $72 million in tax-exempt and taxable mortgage revenue bonds for the acquisition of land and construction of a 200-unit seniors affordable housing property in Los Angeles. […]

Continental Realty Corporation acquires St. Marys Apartments in Raleigh for $36.5 million

Baltimore-based real estate investment and management company Continental Realty Corporation (CRC) has purchased its seventh multifamily community in North Carolina with the recent $36.5 million acquisition of 800 St. Marys Apartments, located at 800 St. Marys Street in the Glenwood South neighborhood of downtown Raleigh. Developed in 2020 by Selwyn Property Group and Southeast Apartment […]

Mill Creek Announces Groundbreaking of 793-Unit Modera Academical Village Mixed-Use Apartment Community in South Florida

DAVIE, FL – Mill Creek Residential, a leading developer, owner-operator and investment manager specializing in premier rental housing across the U.S., announced it has broken ground on Modera Academical Village, a contemporary mixed-use apartment community in the western Broward County market. The community, which will be developed in two phases in conjunction with equity partner […]

TGM Acquires Third Multifamily Apartment Community in Northern Virginia Market With 576-Unit TGM Bull Run in Manassas

MANASSAS, VA – TGM announced the acquisition of TGM Bull Run, a garden style apartment community with 576 units in Manassas, VA. The& Northern Virginia property was completed in 2001 and is located on approximately 35 acres, with its leasing office and clubhouse situated at 11212 Chatterly Loop. The 100% market-rate garden apartment community is […]

Housing Trust Group Appoints Mario Robaina to Chief Financial Officer

Housing Trust Group (HTG), an award-winning multifamily developer and one of the nation’s top affordable housing developers, is pleased to announce the appointment of Mario Robaina II as Chief Financial Officer. Mario was promoted from Vice President of Finance to the new role. As CFO, he will be responsible for accounting, budgeting and forecasting, strategic […]

Berkadia Arranges Sale of Brand-New Class AA Luxury Apartment Community in Central Florida

Middleburg Real Estate acquired Indigo Champions Ridge in Davenport, Florida   Berkadia announces it has arranged the sale of Indigo Champions Ridge, a brand-new, 300-unit luxury Class AA garden-style apartment community strategically located in-between the greater Orlando and Tampa metropolitan areas. Managing Director Brett Moss, Associate Director Tyler Swidler, Senior Managing Director Cole Whitaker, and […]

Landmark Properties and ACRE Complete 350-Unit The Cove at Covington Town Center Apartment Community in Atlanta Submarket

COVINGTON, GA – Landmark Properties announced it has started leasing The Cove at Covington Town Center, its luxury Class-A apartment community in Covington, Georgia. The 350-unit, market-rate property was developed in partnership with ACRE, a global real estate private equity firm, and is part of Covington s 131-acre mixed-use master planned community, Covington Town Center. […]

Continental Realty Group and GTIS Partners Complete Sale of Two Multifamily Communities Totaling 496-Units in Phoenix and Denver

DENVER, CO – Denver-based Continental Realty Assets, a subsidiary of Continental Realty Group, and GTIS Partners, a global real estate investment firm that manages $4.7 billion in gross assets with a focus on residential and industrial investments, announced the completion of two joint-ventures between the firms with the sale of 240-unit San Palmas Apartments in […]