Institutional Property Advisors, Ontario, Calif., sold Liv North Scottsdale, a 240-unit multifamily asset in Scottsdale, Ariz., for $145 million, or $604,167 per unit.
Tag: Dealmaker
Dealmaker: Bellwether Enterprise Closes $108M in California
Bellwether Enterprise Real Estate Capital LLC, Cleveland, closed a $108 million refinancing of nine Class A multifamily buildings totaling 400 units in Los Angeles.
Dealmaker: Madison Newbond Lends $72M for Sonoma, Napa Valley Hotels
Madison Newbond, New York, originated a $72 million loan to Stratus Development Partners for two newly built hotels in Sonoma and Napa, Calif., operating under the Cambria brand.
Dealmaker: JLL Income Property Trust Acquires Atlanta Distribution Center for $54M
JLL Income Property Trust, Chicago, acquired Northeast Atlanta Distribution Center, a 458,000-square-foot Class A industrial property, for $54 million.
Dealmaker: Berkadia Completes $34M Wisconsin Multifamily Portfolio Sale
Berkadia sold three multifamily assets totaling 138 units in Milwaukee and Mequon, Wis. for $34.1 million.
Dealmaker: Gantry Secures $103M for Multifamily, Marina
Gantry, San Francisco, secured $102.6 million for multifamily and marina properties in Seattle and suburban Syracuse, N.Y.
Dealmaker: ACRES Capital Corp. Originates $93M
ACRES Capital Corp., New York, originated $92.6 million in construction financing for multifamily and condominium buildings in Minneapolis and St. Petersburg, Fla.
Dealmaker: Institutional Property Advisors Closes $202M Multifamily Portfolio Sale
Institutional Property Advisors, Ontario, Calif., brokered $201.75 million portfolio for sale of three multifamily properties in Arizona and New Mexico.
Dealmaker: Mesa West Capital Originates $85M for Minneapolis Multifamily
Mesa West Capital, Los Angeles, provided Minneapolis-based multifamily investment firm Bader Diamond Funds with $85 million to acquire Hampshire Hill, a 534-unit community in Bloomington, Minn.
Dealmaker: Marcus & Millichap Sells Miami Beach Waterfront Development Portfolio
Marcus & Millichap, Calabasas, Calif., sold a waterfront development portfolio on Normandy Isle in Miami Beach, Fla. The combined properties sold for $15.8 million.