Property Acquisitions and Dispositions
Kiser Group, Chicago's leading multifamily brokerage firm, advised on the $1,773,000 Section 15 deconversion sale of 4944 N. Harding in the Albany Park neighborhood of Chicago. Kiser Group Advisors Andy Friedman and Jake Parker represented both the seller, 4944-46 N. Harding Condominium Association, and buyer, Block & Key, in the transaction.
Greystone, a leading national commercial real estate finance company, has provided a $20,400,000 bridge loan for the acquisition of a multifamily property in Greensboro, North Carolina. The transaction was originated by Dan Sacks, Managing Director at Greystone.
LMC, a wholly owned subsidiary of Lennar Corporation and a leader in apartment development and management, today announced the land closing for Paxton, a luxury mixed-use community in Tysons, a Northern Virginia suburb of Washington, D.C.
Firm’s Skyler Marinoff represents both sides in off-market transaction; portfolio is one of largest assembled and sold in Little Haiti neighborhood
American Landmark Apartments, one of the fastest-growing multifamily owner-operators in the country, announces it has acquired Olympus at Ross, a 368-unit multifamily community in Dallas. The property will be renamed Macallan at Ross.
Berkadia announces it has arranged $43.2 million in financing for the acquisition of Legends at ChampionsGate, a 252-unit multifamily community in Orlando, Florida. Senior Managing Director Mitch Sinberg and Associate Director Matthew Robbins of Berkadia Boca Raton secured the financing on behalf of global real estate private equity firm, Taurus Investment Holdings, which acquired the property for $53.8 million.
JLL Capital Markets arranged the sale and $44.25M acquisition loan for The Cielo Apartments
JLL Capital Markets closed the sale of the 274-unit mid-rise Vim + Vigor