1+ week, 9+ hour ago   (127+ words) Northmarq Arranges $23.5M Northern California Sale Multifamily & Affordable Housing Business Northmarq Arranges $23.5M Northern California Sale UKIAH, CALIF. — Northmarq has brokered the $23.5 million sale of a two-property portfolio in Ukiah, 115 miles north of San Francisco. The properties are Sierra Sunset Village (68 units)…...

1+ week, 2+ day ago   (109+ words) Multifamily & Affordable Housing Business RMS Cos. Sells 51 South in White Plains for $64.3M WHITE PLAINS, N.Y. — RMS Cos. has sold 51 South Apartments in White Plains to Los Angeles-based CIM Group for $64.3 million. CBRE’s Jeffrey Dunne, Stuart MacKenzie, Eric Apfel, Travis Langer and…...

2+ week, 3+ day ago   (100+ words) Multifamily & Affordable Housing Business CBRE Arranges $30M Sale of Brookly Property NEW YORK CITY — CBRE has brokered the $30 million sale of 59 Bogart Street, a 51-unit building located in the East Williamsburg section of Brooklyn. The CBRE team of Robert Shapiro and…...

2+ week, 4+ day ago   (139+ words) Multifamily & Affordable Housing Business Freestone Capital Acquires 106-Unit Seattle Asset for $32.2M SEATTLE — PrivatePortfolio Group has sold Aperture on Fifth, a 106-unit community in the Denny Triangle neighborhood of Seattle, to Freestone Capital for $32.2 million. Both parties are based in Seattle....

2+ week, 6+ day ago   (899+ words) Development incentives tend to produce two predictable reactions. One side sees them as a practical tool to get difficult projects built. The other side sees them as a subsidy to private developers. In my experience, neither reaction is enough. The…...

3+ week, 3+ day ago   (94+ words) Multifamily & Affordable Housing Business Marcus & Millichap Arranges $20.4M Sale in Chicago’s Lincoln Park CHICAGO — Thesis Investment Group has sold 1515 N. Fremont Street in Chicago’s Lincoln Park neighborhood to Beal Properties for $20.4 million. Marcus & Millichap’s Kyle Stengle represented the seller and procured…...

3+ week, 3+ day ago   (128+ words) Multifamily & Affordable Housing Business CBRE Arranges $14.9M Sale of Lexington Riverview in New Jersey FAIR LAWN, N.J. — CBRE has brokered the sale of Lexington Riverview, a Class A community in Fair Lawn for $14.9 million. CBRE represented the seller while David Ferber with…...

3+ week, 4+ day ago   (130+ words) Multifamily & Affordable Housing Business Stagg Group Buys Land for 266-Unit Mixed-Use Development in Yonkers, New York YONKERS, N.Y. — CBRE has arranged a land sale at 1219 Yonkers Ave. for a future multifamily development. A joint venture of Aubrey Capital and Empire General…...

3+ week, 6+ day ago   (104+ words) Multifamily & Affordable Housing Business Greystar Buys 268-Unit Florida Property for $39.7M JACKSONVILLE, FLA. — Greystar has acquired Avana Bartram Springs, formerly known as Reserve Bartram Springs, in Jacksonville. The garden-style property was built in 2006 is situated on approximately 24 acres. The 268 units are…...

3+ week, 6+ day ago   (277+ words) Multifamily & Affordable Housing Business Sack Capital Partners Acquires Koda Apartments in San Francisco Bay Area FREMONT, CALIF. — Sack Capital Partners, in partnership with LEM Capital, has acquired Koda Apartments, a 122-unit property in Fremont. Koda was built in 1970 and renovated…...