Multifamily

Bell Partners Reopens 256-Unit Multifamily Community in Atlanta’s West Midtown

by Abby Cox April 17, 2026

ATLANTA — Bell Partners has reopened Bell Collier Village, a 256-unit multifamily community located along Howell Mill Road in Atlanta’s West Midtown neighborhood. Following a fire, Bell Collier Village closed and terminated all leases in 2024 and has remained closed for restoration since. Preleasing at the restored community has already begun, and the first residences are expected to be available in June. Monthly rental rates begin at $1,315. The five-story apartment complex features a mix of studio, one- and two-bedroom floorplans, ranging in size from 426 to 1,657 square feet, according to Apartments.com. Amenities include a saltwater swimming pool, sundeck, fitness center, dog park, clubhouse, pet washing station, courtyard, grilling areas and a rooftop terrace.

April 17, 2026

Acquisitions California Multifamily Western

Marcus & Millichap Brokers Sales of Two Westside Los Angeles Multifamily Properties for $46.3M

by Amy Works April 17, 2026

LOS ANGELES — Marcus & Millichap has arranged the sales of two apartment complexes in the Brentwood neighborhood of Los Angles for a combined value of $46.3 million. Rabbie Banafsheha and Tony Azzi of the Azzi Group of Marcus & Millichap represented the seller in the deal. Totaling 61 units, the properties include an asset at 11911 Mayfield Ave. with 31 units and a nonconforming studio and a 29-unit building at 11860 Kiowa Ave.

April 17, 2026

Acquisitions Massachusetts Multifamily Northeast

Arrowpoint Properties Sells 51-Unit Apartment Building in Lowell, Massachusetts

by Taylor Williams April 17, 2026

LOWELL, MASS. — Regional owner-operator Arrowhead Properties has sold a 51-unit apartment building in the northern Boston suburb of Lowell. Wood Crest Apartments consists of two studios, 20 one-bedroom units and 29 two-bedroom residences that were fully occupied at the time of sale. Arrowpoint, which acquired the asset in late 2020 and implemented capital improvements, sold the building as part of a 1031 exchange. The buyer and sales price were not disclosed.

April 17, 2026

Acquisitions Illinois Midwest Multifamily Seniors Housing

Inland Purchases 156-Unit Senior Living Community in Metro Chicago

by Kristin Harlow April 17, 2026

MOKENA, ILL. — Inland Real Estate Acquisitions LLC has purchased Clarendale of Mokena, a 156-unit senior living community in Mokena, a southwest suburb of Chicago. The property features 60 independent living residences, 56 assisted living units and 40 memory care units. Amenities include a bistro, pub, dining room, fitness studio, theater room, salon, outdoor patio and landscaped grounds. Clarendale of Mokena was 94 percent occupied at the time of sale. Inland’s Matthew Tice and Brett Smith completed the transaction on behalf of an Inland affiliate. A joint venture between LCS and Nuveen Real Estate was the seller. LCS Community Operations will continue to provide management services for the community and its residents.

April 17, 2026

Development Florida Loans Multifamily Southeast

PCCP Provides $92.5M Construction Loan for Multifamily Development in Orlando

by John Nelson April 16, 2026

ORLANDO, FLA. — PCCP LLC has provided a $92.5 million construction loan for Emi on 50, a 336-unit apartment development located at 1840 E. Colonial Drive in Orlando’s Mills 50 neighborhood. The borrower is Terian Development. Set for completion in second-quarter 2028, the nine-story community will offer studio, one-, two- and three-bedroom units averaging 895 square feet in size, with 20 apartments designed as live/work units and 15 planned as two-story townhomes. Amenities will include a fitness center, speakeasy and a café, as well as a rooftop deck with a pickleball court, pool, grilling stations and a Zen garden.

April 16, 2026

Acquisitions Multifamily Texas

Pardue Sells 428-Unit Multifamily Portfolio in Greenville, Texas

by Taylor Williams April 16, 2026

GREENVILLE, TEXAS — Pardue Cos., a Texas-based multifamily investment firm, has sold a portfolio of three multifamily properties totaling 428 units in Greenville, about 50 miles northeast of Dallas. The Ridge Apartments is a 112-unit complex that was built in 1985. Highland Terrace totals 172 units and was completed in 1978. Stone Ridge Apartments is a 144-unit property that was constructed between 1968 and 1983. All three are two-story, garden-style properties with pools and onsite laundry facilities. Taylor Hill, Michael Ware, Drew Kile, Joey Tumminello and Jack Windham of Institutional Property Advisors (IPA), a division of Marcus & Millichap, represented Pardue Cos. in the transaction. The buyer and sales price were not disclosed.

April 16, 2026

Acquisitions Multifamily Texas

Presidium Acquires 186-Unit Apartment Complex in Houston’s Heights District

by Taylor Williams April 16, 2026

HOUSTON — Texas-based investment firm Presidium has acquired Whitney at The Heights, a 186-unit apartment complex located just outside of downtown Houston. Built in 2001, Whitney at The Heights offers one-, two- and three-bedroom units that range in size from 666 to 1,320 square feet. Residences are furnished with stainless steel appliances, individual washers and dryers and private entrances/patios. Amenities include a pool, resident clubhouse, fitness center, business center, dog park and outdoor grilling areas with TVs. The seller and sales price were not disclosed. Presidium plans to implement a value-add program that will initially target common areas and amenity spaces.

April 16, 2026

California Loans Multifamily Western

Dwight Capital Provides $23M HUD-Insured Loan for Refinancing of California Multifamily Property

by Amy Works April 16, 2026

HANFORD, CALIF. — Dwight Capital has closed a $23 million HUD 223(f) refinance loan for Berkshire Crossing, a multifamily community in Hanford. Keith Hoffman and Aaron Kirshtein of Dwight Capital originated the transaction on behalf of the borrowers, Fresno Supreme and Santa Lucia Ventures. The loan proceeds will be used to refinance existing debt on the property, provide the borrower with cash-out and 35-year fully amortizing, fixed-rate financing. Completed in 2022, Berkshire Crossing offers 92 garden-style one-, two- and three-bedroom floor plans spread across four residential buildings. Units feature stainless steel appliances, ceiling fans, walk-in closets and private patios and balconies. Community amenities include a swimming pool, spa, fitness center, package lockers and a community clubhouse.

April 16, 2026

Acquisitions Development Multifamily Washington Western

Great Expectations SPC Acquires 102-Unit Multifamily Development Site in Puyallup, Washington

by Amy Works April 16, 2026

PUYALLUP, WASH. — Great Expectations SPC has purchased Addison Grove, a multifamily development site at 17753 78th Ave. East in Puyallup. Terms of the transaction were not disclosed. Dylan Simon, JD Fuller and Elijah Piper of Kidder Mathews’ Simon | Anderson multifamily team represented the undisclosed seller and procured the buyer in the deal. Addison Grove is a shovel-ready opportunity planned for 102 apartments. The property’s location will serve the area’s employment base, which includes industrial and logistics tenants, healthcare facilities and proximity to Joint Base Lewis-McChord. Great Expectations is a social purpose corporation with a focus on delivering affordable housing targeted to families within the local community. Social purpose corporations are for-profit entities designed to pursue profit and specific social and environmental issues.

April 16, 2026

Development Multifamily Nevada Seniors Housing Western

Kisco Senior Living Plans New Community in Las Vegas

by Amy Works April 16, 2026

LAS VEGAS — Kisco Senior Living has announced plans to develop a new seniors housing property in Summerlin, a master-planned community located in Las Vegas. Upon completion, the property will feature independent living, assisted living and memory care units. “Summerlin is one of the most compelling senior living markets in the country, and frankly, one of the most underserved when it comes to truly elevated options,” said Andy Kohlberg, president and CEO of Kisco Senior Living, in a statement. “We’re building something that reflects how today’s older adults want to live: beautifully designed spaces, exceptional food, genuine hospitality and the security of knowing care is available if and when they need it — all on a simple rental basis with no buy-in required.” Additional details will be disclosed as planning advances.

April 16, 2026

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