Multifamily

eXp Commercial Brokers $1.5M Sale of Multifamily Property in Lyons, Illinois

by Kristin Harlow October 13, 2025

LYONS, ILL. — eXp Commercial, a division of eXp World Holdings Inc., has brokered the sale of a 12-unit multifamily property located at 4337 Prescott Ave. in the Chicago suburb of Lyons. Randolph Taylor of eXp Commercial represented the buyer and seller. The asset features a mix of one- and two-bedroom units. Recent improvements include a new heating system, security camera installation and renovated bathrooms in select units. The seller was a long-term private owner. The buyer, a Chicago-based private investor, purchased the property in an all-cash transaction to expand its multifamily portfolio into suburban Cook County.

October 13, 2025

Loans Midwest Multifamily Wisconsin

MMCC Arranges $18M in Financing for Multifamily Property Near Green Bay

by Kristin Harlow October 10, 2025

ASHWAUBENON, WIS. — Marcus & Millichap Capital Corp. (MMCC) has arranged $18 million in financing for The Common Place, an 88-unit multifamily property located at 686 Mike McCarthy Way in Ashwaubenon, a suburb of Green Bay. The property is located in the city’s Sports & Entertainment District, blocks away from Lambeau Field and Titletown. Odyssey Climbing & Fitness occupies the first floor of the building. Units range from studios to two-bedroom floor plans, and amenities include a courtyard and bike storage. Robert Bhat of MMCC arranged the five-year, nonrecourse CMBS loan with a national bank. The loan features a 70 percent loan-to-value ratio, 6.45 percent interest rate and interest-only payments for the full term.

October 10, 2025

Acquisitions Multifamily Student Housing Texas Walker & Dunlop

Walker & Dunlop Brokers Sale of 769-Bed Student Housing Property Near Texas A&M University

by Taylor Williams October 10, 2025

COLLEGE STATION, TEXAS — Walker & Dunlop has brokered the sale of The Woodlands of College Station, a 769-bed student housing property located near the Texas A&M University campus in College Station. Completed in 2006, the community offers 276 units and amenities such as a pool, fitness center, basketball and volleyball courts, study lounges and shuttle service to campus. Chris Epp, Matthew Chase, Craig Miller, Holden Penn, Ben Sarna, Sarah Foronda, Naomi Bludworth, Will Baker, William Shell, Jonathan Schwartz, Michael Ianno, Sean Reimer, Mike Shropshire and Doug McDaniel of Walker & Dunlop represented the seller, Interwest Capital, in the transaction. Walker & Dunlop also arranged an undisclosed amount of acquisition financing on behalf of the undisclosed buyer.

October 10, 2025

Loans Multifamily Texas

Concord Summit Arranges $34M Bridge Loan for New Waco Apartment Complex

by Taylor Williams October 10, 2025

WACO, TEXAS — Concord Summit Capital, a South Florida-based financial intermediary, has arranged a $34 million bridge loan for Zoe Apartments, a 214-unit multifamily complex in Waco. Completed in 2024, Zoe Apartments consists of six three-story residential buildings on a 10.3-acre site. Units come in one- and two-bedroom floor plans, and amenities include a pool, clubhouse, outdoor grilling and dining areas, two pickleball courts and a dog park. David Larson and Keegan Burger of Concord Summit arranged the loan on behalf of the owner, Utah-based Surge Investment Group.

October 10, 2025

Acquisitions Multifamily Seniors Housing Texas

Blueprint Negotiates Sale of 469-Bed Skilled Nursing Portfolio in Texas

by Taylor Williams October 10, 2025

CHICAGO — Blueprint HCRE, a Chicago-based seniors housing brokerage firm, has negotiated the sale of a portfolio of five skilled nursing facilities totaling 469 beds in Texas. The names and locations of the properties were not disclosed. The portfolio was 71 percent occupied at the time of sale. A skilled nursing owner and operator acquired the portfolio for an undisclosed price. Amy Sitzman and Giancarlo Riso of Blueprint arranged the sale on behalf of the seller, which also requested anonymity.

October 10, 2025

Affordable Housing Development Multifamily Seniors Housing Texas

Partnership Breaks Ground on 100-Unit Affordable Seniors Housing Project in Fort Worth

by Taylor Williams October 10, 2025

FORT WORTH, TEXAS — A partnership between Columbia Residential and Renaissance Heights Foundation has broken ground on Columbia Renaissance Square III, a 100-unit affordable seniors housing project in southeast Fort Worth. The project represents the third and final phase of a larger mixed-income development. A portion of those residences will be reserved for renters earning between 30 and 80 percent of the area median income, and 16 units will be set aside as permanent supportive housing. Phase I of Columbia Renaissance Square totaled 140 units, and Phase II featured 120 age-restricted units.

October 10, 2025

Development Multifamily Northeast Pennsylvania

Affinius Capital Provides $170M Construction Loan for Philadelphia Multifamily Project

by Taylor Williams October 10, 2025

PHILADELPHIA — Affinius Capital has provided a $170 million construction loan for a 431-unit multifamily project that will be located in Philadelphia’s Northern Liberties neighborhood. The project represents Phase II of a larger development known as Piazza Alta and will consist of two buildings that will rise eight and 16 stories. Units will come in studio, one-, two- and three-bedroom floor plans and will be furnished with stainless steel appliances and individual washers and dryers. Amenities will include a rooftop lap and lounge pool, grilling stations, fire pits, a fitness center with a yoga studio and coworking spaces. Russell Schildkraut of Ackman-Ziff arranged the loan on behalf of the borrower, locally based developer Post Brothers.

October 10, 2025

Colorado Development Multifamily Student Housing Western

Capstone Development, Colorado School of Mines Complete 1,058-Bed Student Housing Project in Golden

by Amy Works October 10, 2025

GOLDEN, COLO. — A public-private partnership between Capstone Development Partners and the Colorado School of Mines has completed Village at Mines Park, a 1,058-bed student housing community located on the university’s campus in Golden. The property — which is the redevelopment and expansion of an existing community, Mines Park — offers affordable housing for upper-division undergraduate and graduate students, as well as students with families. Fully furnished units are offered in studio, one-, two-, three- and four-bedroom configurations. Shared amenities include a fitness center, dining options, recreational green space, an outdoor amphitheater and community gathering and study spaces. The property is also home to residence life and management offices and features on-site parking and electric car charging spaces. The development team for the project included design-builder Milender White Construction and architectural firm SAR+. Capstone Management Partners will provide facility maintenance, custodial and asset management services for the community. The project was financed by the university.

October 10, 2025

Acquisitions Arizona Multifamily Western

IPA Negotiates $66.1M Sale of Multifamily Property in Scottsdale, Arizona

by Amy Works October 10, 2025

SCOTTSDALE, ARIZ. — Institutional Property Advisors (IPA), a division of Marcus & Millichap, has brokered the sale and financing of Scottsdale on Main, a midrise apartment asset in Scottsdale. Baron Properties sold the asset to Goodman Real Estate for $66.1 million, or $555,462 per unit. Steve Gebing and Cliff David of IPA represented the seller and procured the buyer in the deal. Completed in 2024, Scottsdale on Main offers 119 apartments, air-conditioned interior corridors, two elevators and a designer-appointed leasing office with floor-to-ceiling windows. Community amenities include a resort-inspired swimming pool and a rooftop deck with a covered outdoor kitchen and lounge. Apartments offer 10-foot to 12-foot ceilings, wine refrigerators, oversized pantries and walk-in showers.

October 10, 2025

Acquisitions Multifamily Washington Western

Transwestern Investment Group Sells 105-Unit Apartment Building in Seattle

by Amy Works October 10, 2025

SEATTLE — Transwestern Investment Group (TIG), on behalf of a separately managed account, has completed the sale of Viva, a six-story Class A apartment property in Seattle’s Capitol Hill submarket. Terms of the transaction were not disclosed. Developed in 2014, the 75,776-square-foot Viva offers 105 residential units and 7,450 square feet of ground-floor retail space. The community features a rooftop deck, spacious clubroom with fireplace, chef’s kitchen and entertainment center, controlled-access underground parking garage, package lockers and electric vehicle charging stations. At the time of sale, Viva’s residential component was 96 percent leased and the retail space was 86 percent leased.

October 10, 2025

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