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Southeast Property Group Acquires 328-Unit Multifamily Portfolio in Jacksonville

Southeast Property Group Acquires 328-Unit Multifamily Portfolio in Jacksonville

by Phil Hall | Mar 19, 2024 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The multifamily real estate investment firm Southeast Property Group has acquired a two-property, 328-unit apartment portfolio in Jacksonville, Florida, for $20.3 million. The properties were acquired from the Chetrit Group, which originally acquired them as part of...
JLL Income Property Trust Acquires Oregon Apartment Community for $61 Million

JLL Income Property Trust Acquires Oregon Apartment Community for $61 Million

by Phil Hall | Mar 15, 2024 | News/Current Events, Real Estate News, WRE News Exclusive

JLL Income Property Trust (NASDAQ: ZIPTAX, ZIPTMX, ZIPIAX, ZIPIMX), announced its acquisition of Creekview Crossing, a class-A 183-unit apartment community in the suburban Portland market of Sherwood, Oregon. The purchase price was approximately $61 million and...
Greystone Provides $19 Million in Bridge Financing for LA-Area Multifamily Property

Greystone Provides $19 Million in Bridge Financing for LA-Area Multifamily Property

by Phil Hall | Mar 12, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Greystone, a New York City-based commercial real estate finance company, has provided $19 million in bridge-to-agency financing for Tower Apartments, a 118-unit multifamily property in the Los Angeles suburb of Bellflower, California. Tower Apartments contains a...
Bascom Group Acquires Santa Fe Multifamily Property

Bascom Group Acquires Santa Fe Multifamily Property

by Phil Hall | Mar 11, 2024 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The private equity firm Bascom Group LLC has acquired San Miguel Court Apartments, a garden-style multifamily property in Santa Fe, New Mexico. Built in 1974, the 96-unit San Miguel Court features a mix of including one-, two- and three-bedroom units. This is Bascom’s...
New Fund Focuses on Discounted Arizona Multifamily Properties

New Fund Focuses on Discounted Arizona Multifamily Properties

by Phil Hall | Mar 11, 2024 | News/Current Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

The real estate crowdfunding firm Neighborhood Ventures has launched the Arizona Multifamily Opportunistic Fund, which is designed offer investments in Arizona multifamily commercial properties that Neighborhood Ventures estimates are selling at a distressed rate of...
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