Property Acquisitions and Dispositions
Frisco, Texas - American Landmark Apartments (American Landmark), one of the fastest-growing multifamily owner-operators in the country, has acquired Four Corners Apartments, a 390-unit garden style asset in Frisco, Texas. Completed in 2019, the community is considered a “best in class”” AAA quality asset.
Naples, Fla. - Berkadia announces it has arranged a $7.684 million loan for the acquisition of Opus, a 63-unit garden-style value-add multifamily community in Naples, Florida. Senior Managing Director Charles Foschini, Managing Director Chris Apone, Senior Analyst Lourdes Carranza-Alvarez and Analyst Shannon Wilson of Berkadia’s Miami office arranged the loan on behalf of The Vazza Real Estate Group, a Boston based real estate company.
A 115-unit condo deconversion, being marketed as Barry Quad, has been listed for sale by Chicago-based multifamily brokerage firm Kiser Group. The condo deconversion consists of three buildings and is being offered at $36,000,000. Listing agents for the assignment are Kiser Group’s Andy Friedman and Jake Parker.
A 115-unit condo deconversion, being marketed as Barry Quad, has been listed for sale by Chicago-based multifamily brokerage firm Kiser Group. The condo deconversion consists of three buildings and is being offered at $36,000,000. Listing agents for the assignment are Kiser Group’s Andy Friedman and Jake Parker.
97-Unit Apartment Community Purchased for $20.725 Million
97-Unit Apartment Community Purchased for $20.725 Million
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 Multifamily, are pleased to announce the recent sale of the Seto Apartments for $1,450,000, a whopping $181,250/unit. The sale consisted of 8 multifamily units built in 1956, located at 218 S. 11th Street, in Las Vegas, Nevada. The property had been recently renovated to modern standards.
Long Beach, Calif. – Stepp Commercial, a leading multifamily brokerage firm in the Los Angeles market, has completed the approximately $1.82 million sale of an eight-unit apartment property located at 1746 E. 10th Street in Long Beach. The asset is located on the eastside of Long Beach.