Property Acquisitions and Dispositions

Cleveland-based real estate private equity fund manager Citymark Capital has successfully exited 50% of its investments in Citymark Capital U.S. Apartment Fund I L.P.  with the sale of multifamily assets in Las Vegas, Atlanta and Phoenix for $138.8 million.  

A 208-unit portfolio in Chicago’s South Shore neighborhood has been listed for sale by Chicago-based multifamily brokerage firm Kiser Group. Located at 7500 S. South Shore Dr., 6916 S. Clyde Ave and 7O38 S. Chappel Ave., the portfolio is listed for $20 million and represented by Kiser Group’s Partner Noah Birk and Director Aaron Sklar. The Portfolio is being marketed as a turn-key investment for firms familiar with subsidized tenants and opportunity zones.

Located in Aurora, Illinois, 2000 Illinois has been listed for sale by Chicago-based multifamily brokerage firm Kiser Group. The 128-unit, 5-story property is listed for $10,400,000 and represented by Kiser Group’s Matt Halper and Danny Mantis.

Berkadia announces it has arranged the sale of The Tradewinds at Willowbrook, a 374-unit multifamily property located in northwest Houston. Senior Managing Director Ryan Epstein and Director Jennifer Ray of Berkadia’s Houston office arranged the sale on behalf of Olympus Property of Fort Worth, Texas. The buyer is Cortland, a multifamily owner/operator based in Atlanta, Georgia.

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 3990 E. Carey Ave. Apartments for $975,000 ($81,250/unit). This sale consisted of 12 multifamily units built in 1993, located at 3990 E. Carey Avenue, in Las Vegas, Nevada.

WASHINGTON, D.C. – Holliday Fenoglio Fowler, L.P. (HFF) announces it has closed the $228 million sale and $126.9 million financing of Meridian at Pentagon City, a 534-unit, two-tower multi-housing property in Arlington, Virginia.

MIAMI, FL – May 13, 2019 – Holliday Fenoglio Fowler, L.P. (HFF) announced today the sale of The Glen at Lauderhill, a 405-unit apartment community located in Lauderhill, Florida, a prime suburban growth market within Broward County.