Multifamily

Brazos to Develop 21-Story Seniors Housing Building in Uptown Houston

by Taylor Williams February 6, 2026

HOUSTON — Brazos Presbyterian Homes Holding Inc., a nonprofit owner-operator, will develop a 21-story seniors housing building in the Uptown area of Houston. Known as Uptown Oaks at The Hallmark, the project represents an expansion of The Hallmark, a senior living community that first opened in 1972. The new building will feature 120 independent living units that will range in size from 1,250 to 3,000 square feet. Amenities will include a wellness center with a yoga studio and massage area, dining venues, an art and hobby studio, café, movie theater and a pool. PRDG Architecture designed the building. Construction is expected to begin in 2027, with occupancy starting in 2030.

February 6, 2026

Acquisitions Multifamily Texas

Marcus & Millichap Brokers Sale of 84-Unit Apartment Building in Ennis, Texas

by Taylor Williams February 6, 2026

ENNIS, TEXAS — Marcus & Millichap has brokered the sale of The Willows, an 84-unit apartment building in Ennis, about 40 miles south of Dallas. The Willows was built on a 3.8-acre site in 1985 and offers studio, one- and two-bedroom units. Matt Aslan and Bard Hoover of Marcus & Millichap represented the seller in the transaction. The duo also collaborated with Marcus & Millichap’s Nick Fluellen to procure the buyer. Both parties requested anonymity.

February 6, 2026

Acquisitions Multifamily Northeast Pennsylvania

PPR Capital Management Buys 199-Unit Apartment Complex in Limerick, Pennsylvania

by Taylor Williams February 6, 2026

LIMERICK, PA. — Pennsylvania-based private equity firm PPR Capital Management has purchased Botanica Cottages, a 199-unit apartment complex in Limerick, a northwestern suburb of Philadelphia. Built in 1999, Botanica Cottages offers one-, two- and three-bedroom units that are equipped with private entrances and attached garages. Amenities include a pool, spa, clubhouse and a fitness center. PPR acquired the property in partnership with Bel Canto Asset Growth Fund. The seller and sales price were not disclosed. The new ownership plans to implement a value-add program.

February 6, 2026

Acquisitions Colorado Multifamily Seniors Housing Western

MGL Partners Sells Carillon at Belleview Station Seniors Housing Property in Denver for $96M

by Amy Works February 6, 2026

DENVER — MGL Partners has completed the sale of Carillon at Belleview Station, a seniors housing community in Denver. An institutional buyer acquired the property for $96 million as part of a multi-asset seniors housing portfolio. Located at 4855 S. Niagara St., Carillon at Belleview Station features 156 independent living, assisted living and memory care residences. Community amenities include a commercial kitchen and restaurant-style dining, a bistro, spa and wellness spaces and common areas designed to support comfort, connection and aging in place. The buyer purchased Carillon at Belleview Station alongside four other seniors housing properties across the country as part of a single portfolio transaction.

February 6, 2026

Acquisitions California Multifamily Western

Waterton Buys 212-Unit Misora Apartment Community in San Jose, California

by Amy Works February 6, 2026

SAN JOSE, CALIF. — Chicago-based Waterton has acquired Misora, a mid-rise multifamily property at 388 Santana Row in San Jose. Terms of the transaction were not disclosed. Built in 2013, Misora offers 212 studio, one-, two- and three-bedroom units, with half of the layouts featuring a loft configuration or a den and select units including a private balcony. Waterton plans to upgrade residences to a modern finish level, including vinyl plank flooring, new lighting and plumbing fixtures, quartz countertops, new backsplashes and a new technology package. Stainless steel appliance packages and cabinets will be added as needed. Community amenities include a lap pool and spa, rooftop sundeck with barbecue and dining areas, a coworking lounge and conference center, a fitness studio, demonstration kitchen for community use and private underground parking. Waterton plans to update furniture and fixtures in the amenity spaces, add new flooring and equipment in the fitness center and reconfigure underutilized spaces.

February 6, 2026

California Development Loans Multifamily Western

PSRS Arranges $8M in Construction Financing for Affordable Housing Development in Los Angeles

by Amy Works February 6, 2026

LOS ANGELES — PSRS has arranged $8 million in construction financing for South Central Apartments, a multifamily development in Los Angeles. The ground-up construction project will feature 48 units fully dedicated to affordable housing. Securing the loan through a bank execution, Michael Warner of PSRS delivered a 65 percent loan-to-value structure featuring a two-year term with full-term, interest-only payments.

February 6, 2026

Acquisitions Indiana Midwest Multifamily

CBRE Negotiates Sale of 268-Unit Multifamily Community in Zionsville, Indiana

by Kristin Harlow February 6, 2026

ZIONSVILLE, IND. — CBRE has negotiated the sale of Reserve at William’s Glen, a 268-unit multifamily community in Zionsville. Birge & Held purchased the property from Buckingham Cos. CBRE’s Hannah Ott, George Tikijian, Cam Benz and Claire Hassfurther represented the seller. Built in 2001, the asset features a range of one- and two-bedroom floor plans averaging 916 square feet. Amenities include a pool, fitness center, clubhouse, business center, dog park, yoga and meditation room and walking trails.

February 6, 2026

Acquisitions Multifamily South Carolina Southeast

Continental Realty Corp. Buys 329-Unit Multifamily Community in Summerville, South Carolina

by Abby Cox February 6, 2026

SUMMERVILLE, S.C. — Baltimore-based Continental Realty Corp. has acquired Elevate at Brighton Park, a 329-unit apartment complex located in the Charleston suburb of Summerville. Alex Okulski of Newmark represented the seller, American Landmark, in the transaction. The sales price was not disclosed. Situated within the 5,000-acre, master-planned community of Nexton, Elevate at Brighton Park comprises 19 three-story buildings that offer garden-style apartments, carriage homes and townhomes. Floorplans at the complex range from one-, two- and three-bedroom layouts, with an average unit size of 1,014 square feet. Amenities include a standalone clubhouse with separate fitness and business centers, a saltwater swimming pool, outdoor lounge areas with grills, hammock garden and a dog park.

February 6, 2026

Loans Multifamily New York Northeast

KKR Provides $160.2M Loan for Refinancing of Queens Apartment Tower

by Taylor Williams February 5, 2026

NEW YORK CITY — Global private equity firm KKR has provided a $160.2 million loan for the refinancing of QLIC, a 21-story, 421-unit apartment tower in the Long Island City area of Queens. The unit mix consists of 55 studios, 297 one-bedroom apartments, 53 two-bedroom residences and 16 three-bedroom units. Amenities include 24-hour concierge service, a fitness center, rooftop pool with cabanas, landscaped courtyard, media lounge and a communal workspace. The building also houses 7,987 square feet of ground-floor retail space. Christopher Peck, Lauren Kaufman and Michael Shmuely of JLL arranged the loan on behalf of the owner, a partnership between two New York-based firms, World Wide Group and Rabina.

February 5, 2026

Loans Multifamily New Jersey Northeast

JLL Arranges $72M Loan for Refinancing of Jersey City Apartment Complex

by Taylor Williams February 5, 2026

JERSEY CITY, N.J. — JLL has arranged a $72 million loan for the refinancing of The Hazel, a 201-unit apartment complex in Jersey City. The Hazel was developed in two phases, with Phase I comprising 114 units that were delivered in early 2022 and Phase II consisting of 87 units that were completed in late 2024. The Hazel offers studio, one- and two-bedroom floor plans with an average size of 747 square feet, with 11 units set aside as affordable housing. Amenities include a sky lounge, rooftop pool, fitness center and coworking space, and the property also houses 9,588 square feet of commercial space. Thomas Didio, Thomas Didio Jr., Michael Mataras and Tyler Caricato of JLL arranged the five-year, fixed-rate loan through Truist Bank. The borrower is a partnership between two local developers, Alpine Residential and Fields Grade.

February 5, 2026

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