Company Acquisitions
NEW YORK – Berkadia announces it has secured programmatic equity from a global institutional investor to finance Indiana-based The Sterling Group’s recapitalization of three apartment communities located in North Carolina, South Carolina and Tennessee.
BOYNTON BEACH, Fla. (November XX, 2022) – Berkadia announces it has secured a $93.6 million loan to refinance two multifamily communities located in Palm Beach County: Advenir at Banyan Lake and Advenir at La Costa, both vintage garden-style multifamily assets located in Boynton Beach, Fla. Senior Managing Director Charles Foschini and Managing Director Chris Apone of Berkadia Miami secured the financing on behalf of Advenir, a multifamily and single-family rental community developer and operator based in Aventura, Fla.
SAN ANTONIO, TX- (October 25, 2022)- Lynd Acquisitions Group (LAG), a division of The Lynd Group, has acquired another apartment community in San Antonio, recently closing on the 344-unit Parc 410 in the Leon Valley submarket. The acquisition price was not disclosed. Lynd plans on investing $6 million in renovating units and common areas, and performing deferred maintenance.
Addition of KW Property Management & Consulting makes Group first community associations management company with leading positions on both sides of the Atlantic
Addition of KW Property Management & Consulting makes Group first community associations management company with leading positions on both sides of the Atlantic
The 623-unit The Lofts at Twenty25 are located at the intersection of the Buckhead and Midtown submarkets
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
Continental Realty Corporation (“CRC”),a real estate investment and management company, in partnership with Brown Advisory, a global private and independent investment management and strategic advisory firm, have announced the closing of Core Multifamily Fund, LP (the “Partnership”), for which approximately $146 million in private equity funds were raised. Since 2012, CRC has raised $850 million in equity across five real estate funds focused on multifamily and retail investments. Through the various funds, CRC has acquired approximately $1.5 billion worth of retail and multifamily assets. Approximately 70% of the $850 million raised has been placed, with another 10% of equity allocated to deals currently under contract.
