California firm buys Jacksonville apartments for $20.7 million

California-based Laguna Point Properties has purchased The Woods of Filmore, a 200-unit apartment complex in Orange Park, for $20.7 million. The property located at 622 Filmore Street was brokered by CBRE's Joe Ayers and Cliff Taylor. “The Woods.....»»

Category: topSource: bizjournalsSep 11th, 2019

Billy Payne"s company buys Jacksonville luxury apartments for $57.8 million

Billy Payne's real estate company has scooped up an apartment complex in Jacksonville, Fla. Atlanta-based Centennial Holding Co. LLC, through an affiliate, has purchased The Luxe at Bartram Park Apartments for $57.8 million. The property is now dubbe.....»»

Category: topSource: bizjournalsSep 17th, 2019

Colorado-based company buys Florida city"s largest commercial building for $47.75M

The largest warehouse in Jacksonville, Fla., has been sold to a Colorado-based company for $47.75 million, marking an almost 200 percent increase in the property's value in just seven years. Arsenault Holdings LLC, a real estate investment firm based .....»»

Category: topSource: bizjournalsJun 14th, 2018

Firm new to Sac buys $170 million worth of apartments

San Diego-based MG Properties Group has entered the Sacramento market with a portfolio multifamily property purchase worth $170 million......»»

Category: topSource: bizjournalsDec 21st, 2018

New York firm buys Birmingham apartment complex in $56M deal

A New York private equity firm has purchased Wildwood Crossings Apartments for $56 million. Wildwood Crossings is a 520-unit Class B garden-style property that had been managed by MDIC Management since its construction in 1998. Senior Managing Dir.....»»

Category: topSource: bizjournalsDec 28th, 2018

Tampa firm buys East Point apartments for $33M, as more interest turns to older suburban properties

Blue Magma paid about $66,900 per unit......»»

Category: topSource: bizjournalsSep 17th, 2019

Apartments near NC State sold to Colorado-based student housing firm

A Denver firm specializing in student housing paid over $38 million for a pair of apartment buildings near N.C. State's North Campus in Raleigh.  University Communities paid $38.8 million for two nearly-adjacent parcels at 102 Logan Court and 113.....»»

Category: topSource: bizjournalsSep 13th, 2019

Mandarin-area apartments sell for $63.5 million

An apartment complex in South Jacksonville built in the 1980s has sold for $63.5 million. Mandarin Property Holdings, a subsidiary of Tampa.....»»

Category: topSource: bizjournalsSep 10th, 2019

Starwood Capital buys thousands of affordable rental apartments

Starwood Capital Group, the investment firm led by billionaire Barry Sternlicht, is stepping up its investments in affordable apartments as demand for cheaper housing soars across the U.S. The... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkAug 29th, 2019

Indianapolis firm buys its 2nd Denver apartment complex for $57.3 million

Denver's multifamily market continues its 2019 hot streak......»»

Category: topSource: bizjournalsAug 27th, 2019

Miami firm buys downtown Phoenix high-rise

After making its first Arizona acquisition, the firm is immediately planning a multi-million-dollar renovation of the high-profile tower, which will include exterior and interior updates......»»

Category: topSource: bizjournalsAug 26th, 2019

Hackman buys film, TV studio

Hackman Capital Partners announced that it has acquired, through an affiliated entity, The MBS Group a film and TV studio real estate and production services platform, for $650 million from global investment firm The Carlyle Group. .....»»

Category: realestateSource: realestateweeklyAug 14th, 2019

Chapel Hill firm buys Greensboro business center for $4.1 million

The transaction closed Friday......»»

Category: topSource: bizjournalsAug 9th, 2019

Gold Wynn buys Gates Manor Apartments

Investors pay $2.225 million of Lafayette Avenue complex......»»

Category: topSource: bizjournalsJul 26th, 2019

Female-focused VC firm makes first investment

The Artemis Fund, a female-founded and female-focused venture capital fund based in Houston, has made its first investment, the Houston Business Journal reported. The Artemis Fund led a $2 million round in California-based U-Nest, a mobile app ai.....»»

Category: topSource: bizjournalsJul 24th, 2019

Why Christopher Rising is starting to invest outside of the Los Angeles area

The firm plans to spend $300 million in cities outside of California. Its first buy in Denver represents about 40% of that plan......»»

Category: topSource: bizjournalsJul 10th, 2019

Billionaire James Dyson reportedly buys $54 million penthouse in Singapore

British technology firm founder James Dyson and his wife have reportedly purchased a luxury penthouse in Singapore for a record S$73.8 million ($54.2 million)......»»

Category: realestateSource: cnbcJul 10th, 2019

Harbor Group buys $117M Brooklyn apartment building

Harbor Group International, a privately-owned investment and management firm, announced the purchase of The Frederick apartment building in Crown Heights for $117 million. The newly built.....»»

Category: realestateSource: realestateweeklyJul 9th, 2019

Upfront Ventures looking to raise $250 million growth fund

Upfront Ventures is looking to raise $250 million for a third growth-stage fund, dubbed Upfront Growth III. The venture capital firm, headquartered in Santa Monica, California, disclosed the fundraise with the U.S. Securities and Exchange Commission th.....»»

Category: topSource: bizjournalsJul 3rd, 2019

Kalikow refinances loan for new apartment property

The Kalikow Group, a fourth-generation, New York development and management firm based in Westbury, has closed on a 12-year Fannie Mae DUS loan in the amount of $22.26 million for its 4830 Wescott Apartments. The newly-constructed, 1.....»»

Category: realestateSource: realestateweeklyJul 3rd, 2019

Texas developer gears up for construction of new offices, apartments at Denver"s Broadway Station

The firm has now spent more than $42 million at the former Gates Rubber factory site......»»

Category: topSource: bizjournalsJul 3rd, 2019