American Landmark Apartments (American Landmark), one of the fastest-growing multifamily owner-operators in the country, has acquired the 234-unit Newport on the Lake and 250-unit Harbor View Apartments in Houston. The properties will undergo a combined $5.9 million capital improvements program and be renamed Lakefront Villas and The JaXon, respectively.

American Landmark Apartments (American Landmark), one of the fastest-growing multifamily owner-operators in the country, has acquired Alta Brighton Park, a 329-unit community in the Nexton community of Summerville, South Carolina, just north of Charleston. The project will undergo an $800,000 capital improvements program and will be renamed Elevate at Brighton Park.

This email address is being protected from spambots. You need JavaScript enabled to view it., This email address is being protected from spambots. You need JavaScript enabled to view it., This email address is being protected from spambots. You need JavaScript enabled to view it., and  This email address is being protected from spambots. You need JavaScript enabled to view it. of Northcap Commercial, are pleased to announce the recent sale of the Desert Inn Apartments for $2,700,000 ($75,000/unit). This sale consisted of 36 multifamily units built in 1963, located at 1075, 1089, 1107, and 1121 E. Desert Inn Road, in Las Vegas, Nevada.

SAN ANTONIO – JLL announced today that it has closed the sale of Tulane Apartments, a 64-unit apartment property in Brownsville, Texas.

Los Angeles, Calif. – Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the $2.25 million sale of a fully occupied, value-add 10-unit apartment property located at 3222 Hollydale Drive in Atwater Village, CA.   

SAN ANTONIO – JLL announced today that it has closed the sale of Castle Hills Townhomes, a 149-home, Class A, core-plus townhome community in San Antonio’s Castle Hills neighborhood.

This email address is being protected from spambots. You need JavaScript enabled to view it., This email address is being protected from spambots. You need JavaScript enabled to view it., This email address is being protected from spambots. You need JavaScript enabled to view it., and This email address is being protected from spambots. You need JavaScript enabled to view it. of Northcap Commercial, are pleased to announce the recent sale of Bluebird Mobile Home Park for $3,300,000 ($21,854/pad). This sale consisted of 151 mobile home pads spread over 13.33 acres, built in 1964 and 1978, located at 3920 N. Las Vegas Blvd., in Las Vegas, Nevada.

HOUSTON – Berkadia announces it has arranged the sale of The Everly, a 387-unit Class A multifamily community in Houston. Senior Managing Director Ryan Epstein, Director Jennifer Ray and Associate Director Scott Bray of Berkadia’s Houston office represented seller Embrey Partners, Ltd., a San Antonio-based diversified real estate, investment, development, construction and property management firm specializing in multifamily and commercial real estate. The buyer was Praedium Group, a privately held real estate investment firm based in New York.