Timber Court, located at 3400-20 N. Old Arlington Heights Rd., was listed for sale by multifamily brokerage firm Kiser Group. The 72-unit multifamily property is in the sought-after Chicago suburb of Arlington Heights. Advisor Ron Plonis, Principal and Managing Broker Lee Kiser and Advisor Jeff Leibovich are marketing the property.

JLL Capital Markets handled the $8.725 million property sale

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 2566 Sherwood Street Apartments for $1,700,000 ($77,273/unit). This sale consisted of 22 multifamily units built in 1962, located at 2566 Sherwood Street in Las Vegas, Nevada.

Berkadia announces it has arranged the sale and finance of Stewart Creek Apartments, a 414-unit garden-style community in the Dallas suburb of Frisco. Managing Directors Jay Gunn and Thomas Burns of Berkadia’s Dallas office, along with Senior Director Will Jarnagin of the same office, listed the property on behalf of Univesco, Inc., a real estate investment firm based in Plano. Managing Director Jason Rice and Senior Director Chris Pollard of Berkadia’s Dallas office arranged the financing on behalf of sponsor Madera Residential, a real estate investment firm based in Lubbock.

JLL Capital Markets handled the sale of the luxury, Charlotte, North Carolina asset  

BOSTON (February 1, 2021) – Berkadia announces it has secured financing for the recapitalization of a multifamily portfolio consisting of 11 individual properties totaling 89 units located throughout the Boston metropolitan area. Senior Managing Director Mitch Sinberg and Associate Director Matthew Robbins of Berkadia’s Boca Raton office, and  Associate Director Wesley Moczul of Berkadia’s Orlando office, secured a $17.5 million loan via Fannie Mae on behalf the sponsor, BT Holland Real Estate.

Los Angeles, Calif. – Gelt, Inc., is pleased to announce it has acquired Regatta Apartments, a 93 percent-leased, 352-unit multifamily community located at 10500 Irma Drive in Northglenn, CO, for $100.5 million. This substantial buy marks the Los Angeles-based private investment firm’s first acquisition of 2021 and adds to its growing portfolio in the Denver region which now totals more than 2,600 units in seven apartment communities.

JRK Property Holdings has acquired two garden-style apartment home communities -- Carrington Park at Gulf Pointe, in Houston, TX and Fieldpointe of St. Louis in St. Louis, MO -- in separate transactions valued at nearly $81.5 million. 

Greystone, a leading national commercial real estate finance company, has provided $37,511,000 in Fannie Mae Delegated Underwriting and Servicing (DUS®) loans for the acquisition of three multifamily properties totaling 272 units in Delaware and New Jersey. The transactions were originated by Dan Sacks, Managing Director in Greystone’s New York office, on behalf of long-time client, Goldcrest Management. Jack Miller of Platinum Capital Group acted as correspondent on the transaction.