Property Acquisitions and Dispositions

WPD Management, a property management company operating throughout the south side of Chicago, is expanding its service to the city’s west side. In the last two months, the company has added 200 west side apartment units to its management portfolio. 

ATLANTA, Dec. 2, 2021 – JLL Capital Markets announced today that it has closed the sale of The Reserve at Peachtree Corners, a 354-unit, value-add multi-housing asset in Peachtree Corners, one the premier submarkets in Atlanta, Georgia.

JLL Capital Markets announced today that it has arranged a $57.5 million refinancing for Windsor at Celebration, a 239-unit, luxury seniors housing community near Orlando in Celebration, Florida.

JLL Capital Markets announced today that it has arranged a $18.5 million refinancing for Manor Lake Gainesville, a 88-unit, recently constructed, assisted living and memory care seniors housing community in Gainesville, Georgia.

JLL Capital Markets announced today that it has closed the $84.35 million sale of and arranged $60.9 million in acquisition financing for Eliot on Ocean, a 194-unit, transit-oriented, Class A multi-housing community in the greater Boston community of Revere, Massachusetts. 

JLL Capital Markets announced today that it has arranged $45.5 million in financing for two multi-housing properties totaling 321 units in the northern New Jersey communities of Nutley and Palisades Park, New Jersey.

Greystone, a leading national commercial real estate finance company, has provided an $8.3 million bridge loan for the acquisition of The Reserve Apartments, an 87-unit multifamily property in Colorado Springs, CO. The transaction was originated by Dale Holzer, Managing Director at Greystone.

Multifamily investment firm Magma Equities (“Magma”) in two separate off-market transactions has acquired apartment communities in Dallas and Fort Worth representing 562 apartment homes, two of five acquisitions the firm expects to close in the Dallas/Fort Worth MSA by year end. 

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