Greensboro, NC - Berkadia announces it has arranged $25.775 million in acquisition financing for Waterford Place, a 240-unit multifamily community in Greensboro, North Carolina. Senior Managing Director Mitch Sinberg, Associate Director Matthew Robbins and Senior Analyst Abigail Beauchamp of Berkadia’s Boca Raton office secured the loan on behalf of a joint venture between New York-based GMF Capital and Eminent Capital, a real estate investment firm based in Lakewood, New Jersey.

Irvine, CA – Avison Young announced today the $7.5 million sale of Rockvale Apartments, a 34-unit, multifamily property located at 333 N. Rockvale Avenue in Azusa, CA (Los Angeles county). 

130-bed assisted living and memory care community in Naples sold on behalf of Prevarian Senior Living 

Houston, TX – Co-Founders and Principals Matt Wilson and Jack Franco of Newport Real Estate Partners, LLC, a newly launched real estate firm that is focused on the acquisition and repositioning of value-add multifamily properties, announced today they have completed the firm’s first acquisition. The property, which is called The Fountains at the Bayou, is a 460-unit apartment community in Houston, TX. It was acquired off-market from the seller, Houston-based Nitya Capital. 

212-home, mid-rise Eitel Apartments features a downtown location and stunning views of Loring Park

Ridge Capital Investors, LLC and Contrarian Capital Management, LLC have acquired a250-unit, suburban Sacramento, CA apartment community for $33 million.  

HOUSTON – JLL Capital Markets announced today that it has closed the sale of The Beacon at Buffalo Pointe, a recently completed, 281-unit, Class A+ apartment community near the Texas Medical Center.

Kiser Group, Chicago’s leading multifamily brokerage firm, recently brokered two condominium deconversions in Oak Park, Illinois. Regency Terrace Condominiums, a 56-unit condo deconversion located at 922 North Blvd, sold for $8,805,000. Kiser Group Broker Andy Friedman and Director Matt Halper represented the seller The Regency Terrace Condominium Association, and Marco Cesario represented the buyer Goldman Investments. Clarence Court, a 26-unit deconversion located at 628 Harrison St., sold for $3,600,000. Kiser Group’s Friedman and Halper represented the buyer Redpoint Capital Management and seller Clarence Court Condominium Association.