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 4899 E. Owens Ave apartments for $800,000 ($72,727/unit). This sale consisted of 11 multifamily units built in 1982, located at 4899 E. Owens Avenue, in Las Vegas, Nevada.

One Real Estate Investment acquired Park Crossing Apartments

Interra Realty, a Chicago-based commercial real estate investment services firm, today announced it brokered the $3.84 million sale of a four-building, 27-unit portfolio that includes assets on Chicago’s Far Northwest Side and in the nearby suburb of Harwood Heights. The price equated to $142,370 per unit, the highest to date per CoStar for the submarket, which is less than 10 miles from O’Hare International Airport. 

SAN DIEGO, CA – June 5, 2019 – HFF announces financing for the acquisition of 5008 and 5060 Hazeltine Avenue Apartments, two apartment buildings totaling 36 units in the Sherman Oaks neighborhood of Los Angeles, California.

Tampa, Fla. – Berkadia announces it has arranged $33.5 million in acquisition financing for Lofton Place, a 280-unit multifamily community in north Tampa. Senior Managing Director Mitch Sinberg, Associate Director Matthew Robbins, and Senior Analyst Wesley Moczul of Berkadia’s Boca Raton office secured the financing on behalf of Taurus Investment Holdings, a global real estate private equity firm based in Boston. Providence Management Company, LLC, a real estate asset management firm based in Glenview, Illinois, sold the property.

CHICAGO, IL – June 4, 2019 – Holliday Fenoglio Fowler, L.P. (HFF) announces it has closed the sale of and arranged financing totaling $51.135 million for a three-property, 335-unit apartment portfolio in downtown Kansas City, Missouri.

CHICAGO, IL – Holliday Fenoglio Fowler, L.P. (HFF) announces the sale of Prairie Winds of St. Charles, a 250-home, luxury townhome-style apartment community in the Chicago suburb of St. Charles, Illinois.

Sacramento, Calif. - 29th Street Capital Acquires Terrace at Fair Oaks Apartments; Property is Firm’s Sixth Sacramento-Area Acquisition  – 29th Street Capital (29SC), a privately-held real estate operator, has acquired Terrace at Fair Oaks Apartments, a 1972 vintage, 76-unit multifamily community located in Carmichael. 29SC plans to invest approximately $11,000 per unit in capital improvements. Interior upgrades include stainless steel appliances, durable flooring, improved cabinets, fresh paint and energy-efficient plumbing fixtures. Exterior renovations will focus on window replacements, parking lot improvements and landscaping upgrades.