MORRISTOWN, N.J. – JLL announced today that it has closed the sale of The Peaks of Nanuet, a 504-unit apartment complex in the suburb of Nanuet, Rockland County, New York.

CHICAGO – JLL announced today that it has closed the $17.7 million sale and $12.95 million in acquisition financing for a three-property student housing portfolio totaling 294 beds steps from Missouri State University in Springfield, Missouri.

Los Angeles, Calif. – Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $1.7 million sale of Oak Street Bungalows, a five-unit apartment property located at 2444 Oak Street in Santa Monica, CA. The property is near the beach and the world-famous Santa Monica Pier.

CHICAGO – JLL announced today that it has closed the $47.55 million sale of The Vue at Pinnacle Park, a 285-home, Class A apartment community located in Fitchburg, Wisconsin, a suburb to the south of Madison.

Berkadia announces it has secured $18.75 million in acquisition financing for Axiom Apartments, a 202-unit multifamily community in Charlotte. Senior Director Brad Williamson of Berkadia’s Miami office and Senior Managing Director Mitch Sinberg of Berkadia’s Boca Raton office arranged the financing on behalf of One Real Estate Investment (OREI), a real estate investment and asset management firm based in Miami.

Bergen/Passaic Counties, November 14, 2019 – Long considered one of the highest-barrier-to-entry multi-family investment submarkets in the state, the Bergen/Passaic County apartment-property corridor continues to live up to its enduring reputation, according to Gebroe-Hammer Associates. While for-sale product remains scarce – and the investor pool abundant – the firm’s market specialists have recorded a total of $154.3+M in sales encompassing over 839 units since midyear.

PHOENIX – JLL announced today it has closed the $75 million sale and arranged $57.2 million in acquisition financing for Indigo Palms, a 432-unit, garden-style multi-housing community in Phoenix, Arizona.

HOUSTON – JLL announced today that it has closed the sale and arranged acquisition financing for Champions Woods Apartments, a 186-unit, garden-style multi-housing community in Northwest Houston.