American Landmark Apartments, one of the fastest-growing multifamily owner-operators in the country, has acquired Deerwood Park, a 282-unit multifamily community in Jacksonville. The property will be renamed Eddison at Deerwood Park and will undergo $2.6 million in capital improvements. This is the firm’s fourth Jacksonville-area apartment community in their current portfolio.

SB Real Estate Partners (SBREP) has announced the purchase of Casa Anita Apartments – a 224-unit multifamily community located in the West Valley submarket of Phoenix – for $35.3 million. The property had previously been under private ownership with a California-based family since 2005. SBREP will rebrand the property as Portola West Valley.

American Landmark Apartments, one of the fastest-growing multifamily owner-operators in the country, has acquired Parc at Wesley Chapel, a 248-unit Class A apartment community in the Tampa Bay metropolitan area. The property was acquired for an undisclosed price from Equity Resources, LLC.

American Landmark owns and operates seven multifamily communities now in the Tampa Bay metro area.

“Tampa Bay’s diverse job market serves as a compelling pull factor that furthers the demand for high-quality housing in the region,” said Christine DeFilippis, Chief Investment Officer at American Landmark Apartments. “With opportunity in the financial, tech, manufacturing and defense and security industries, the area’s fundamentals made Parc at Wesley Chapel a clear fit for our portfolio that’s expected to continue strong lease-up in the near future.”

Built in 2020, Parc at Wesley Chapel is located at 5561 Post Oak Boulevard. Studios, one-, two- and three-bedroom units range from 681 square feet to 1,483 square feet and include granite countertops, wood-style flooring, smart-home automation, gourmet kitchen with island, Whirlpool stainless steel appliances and washer/dryer. The pet friendly community features a resort-style pool, elevator access, fitness center, Luxer package system, electric vehicle charging stations, dog wash, fire pit with cabanas and a pet park.

Situated in suburban Tampa Bay, the community is found in the family-oriented city of Wesley Chapel. Located just two minutes away from Interstate 75, the property has direct access to Downtown Tampa and surrounding retail and dining amenities. Nearby employers include Busch Gardens, Saint Leo University and the University of South Florida, designated a preeminent state research university.

For more information, please visit www.alapts.com.

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 Summit Estates Apartments for $1,529,500 ($84,972/unit). This sale consisted of 18 multifamily units built in 1972, located at 2131, 2135, 2141, and 2145 Daley Street in North Las Vegas, Nevada.

The Altman Companies, a Florida-based nationally recognized developer, builder, and manager of exceptional rental apartment communities, has announced the sale of Altís Boca Raton, located in Boca Raton, Florida, to a Miami, Fla., based real estate private equity fund. The community was developed in a joint venture with GID Real Estate Investments, a Massachusetts-based vertically integrated real estate developer, investor and operator.

Fogelman Properties, one of the country’s largest, privately-owned and fully integrated multifamily investment and property management companies, is pleased to announce the acquisition of The Edison, a brand-new 327-unit A+ multifamily community located in Fort Myers, Fla.

 3432-40 W. Franklin Blvd. has been listed for sale by multifamily brokerage firm Kiser Group. The 46-unit multifamily property is located in Chicago’s South Humboldt Park neighborhood. 3432-40 W. Franklin Blvd. is listed for $4,325,000 and represented by Advisors Jack Petrando, Danny Logarakis and Rick Ofman.

“We anticipate seeing local and out-of-state interest for this Opportunity Zone property," said Petrando. “The heavy lifting has already been done, and this multifamily asset is fully renovated and stabilized.”

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 Gleneagles Village Townhomes for $13,400,000 ($262,745/home). This sale consisted of 51 townhomes located at 9100 Emerald Pearl Court in Las Vegas, Nevada.