Tag Archives: Multifamily News

Brazos Residential Expands North Carolina Footprint With $41 Million Acquisition of 376-Unit Wilson Woods Townhome Community

WILSON, NC – Brazos Residential, a Dallas-based real estate private investment firm specializing in multifamily investments, announced the $41M acquisition of the Wilson Woods Townhomes located in Wilson, NC. The transaction marks the firm’s tenth acquisition in 2022. Constructed in 1974, Wilson Woods Townhomes is situated on an expansive 31 acres at 1706 Vineyard Dr. […]

Monument Capital Management Acquires its Eighth Multi-Family Community in the Minneapolis Area 

The 192-unit acquisition is the first for Monument’s newly launched Opportunity Fund V    Minneapolis, MN  –  Monument Capital Management, an A-Rod Corp company and one of the country’s premier fully integrated real estate investment firms, announces it has acquired Talus, a 192-unit multifamily community in Plymouth, MN, just west of Minneapolis.     The purchase price was not disclosed. This property […]

American Landmark Acquires Cabana 99th Apartments In Arizona’s “Antique Capital”

   The 286-unit community is the company’s second acquisition in Arizona this year PHOENIX – American Landmark Apartments, one of the fastest-growing multifamily owner-operators in the country, announces it has acquired Cabana 99th, a brand new, 286-unit apartment community located in Glendale, Ariz., just outside the Phoenix metropolitan area. The property has been renamed “The […]

American Landmark Acquires Cabana 99th Apartments In Arizona’s “Antique Capital”

   The 286-unit community is the company’s second acquisition in Arizona this year PHOENIX – American Landmark Apartments, one of the fastest-growing multifamily owner-operators in the country, announces it has acquired Cabana 99th, a brand new, 286-unit apartment community located in Glendale, Ariz., just outside the Phoenix metropolitan area. The property has been renamed “The […]

EDEN Multifamily Adds Tyler Heckaman as Director of Land Acquisition

Executive brings substantial experience sourcing large-scale development opportunities to premier developer   MIAMI, FL – Sept. 16, 2022 – Leading developer EDEN Multifamily, the joint venture formed by Jay Jacobson and Jay Massirman, made a key new hire with the arrival of Tyler Heckaman as Director of Land Acquisition. Based in Miami, Heckaman is responsible […]

Subtext and Brinkmann Constructors Break Ground for 307-Unit LOCAL Midtown Multifamily Development in Nashville’s Midtown Area

NASHVILLE, TN – Subtext, a St. Louis-based integrated real estate development company, and Brinkmann Constructors, a St. Louis-based national general contractor, held an official groundbreaking ceremony for LOCAL Midtown, a 15-story multifamily project in Midtown Nashville. LOCAL Midtown is expected to be completed and open for leasing in 2024. Located at 1904 Hayes Street, the […]

Coastal Ridge Real Estate to Develop Build-for-Rent Master Planned Community Featuring 230 Homes in Fast Growing Central Ohio Market

COLUMBUS, OH – Coastal Ridge Real Estate, a national multifamily investment, management, and development firm, announced that they are continuing the expansion of their Stillwell brand with a new project in Central Ohio. The firm will build 230 build-for-rent ( BFR ) homes at Jerome Village, a master-planned community developed by Nationwide Realty Investors. Jerome […]

Quarterra Multifamily Announces Topping Off at 303-Unit Cormac Mixed-Use Community in Charleston’s Growing Upper Peninsula District

CHARLESTON, SC – Quarterra Multifamily (QMF), a subsidiary of Lennar Corporation and a vertically integrated multifamily apartment builder, developer, and asset manager along with investment partner Cresset Real Estate Partners, announced it has topped off Cormac, a mixed-use apartment community on Charleston’s upper peninsula, in the rapidly growing North Morrison “NoMo” neighborhood. Cormac represents the […]

MG Properties Expands Arizona Portfolio With $107 Million Acquisition of 289-Unit Apartment Community in Phoenix Submarket of Chandler

PHOENIX, AZ – MG Properties, a private San Diego-based real estate investor, owner, and operator has purchased 2150 Arizona Ave South Apartments l for $107 million. Rebranded as 2150 Apartments, this Chandler submarket of Phoenix boasts some of the most robust multifamily fundamentals in the metro due to its proximity to multiple job corridors, one […]

Lynd-Topaz Joint Venture Sells Jacksonville Apartment Community for $66 Million

Lynd Acquisitions Group (LAG), a division of the Lynd Group, and its JV partner Topaz Capital, sold a 444-unit value-add multifamily asset in Jacksonville for $66 million just three years after acquiring it for $35.15 million.     The partnership invested approximately $5 million updating both living spaces and common areas. They renovated approximately 75% […]