Invictus adds three new assets to portfolio
Invictus Property Advisors (“Invictus”) is pleased to announce our year-end closing of the Upper West Side Portfolio for $8,050,000. The package consisted of three (3)...
Tag : multifamily
LI multifamily giant adds another 200 units to portfolio
Fairfield Properties, already Long Island’s biggest residential landlord, has added another 214-units to its portfolio. JLL Capital Markets announced that it brokered the sale of...
Bronx multifamily owners in holding pattern as eviction moratorium is extended
By Marco Lala It’s a tale of two markets for Bronx rentals. Sweeping regulations, shutdowns, and economic stimulus have had little effect on slowing the...
Metro sells six Manhattan apartment buildings for $65M
Cushman & Wakefield has arranged the sale of six multifamily properties in Manhattan, dubbed The Metro Portfolio, for a total of $64,675,000. Robert M. Shapiro,...
Berkshire sells 240-unit Princeton multifamily property after three-year hold
Berkshire Residential Investments has sold a 240-unit multifamily community near Princeton three years after the investment management firm bought it. JLL announced it brokered the...
JLL REIT continues to bulk up multifamily portfolio
JLL Income Property Trust has acquired The Preserve at the Meadows, a garden-style apartment community in Fort Collins, Colorado. The purchase price was approximately $61...
Kushner continues US multifamily expansion
Kushner acquired The Clare Apartments in Southaven, Mississippi for $45,125,000. This marks the firm’s fifth acquisition in the state as they pursue a long-term strategy...
Chetrit acquires $200M stake in Black Spruce apartment portfolio
Josh Gotlib’s Black Spruce Management has struck a deal with Isaac Chetrit’s AB & Sons to recap half of his firm’s Manhattan multifamily portfolio. AB...
Independence, Steadfast merge to create $7B Sunbelt multifamily portfolio
Independence Realty Trust and Steadfast Apartment REIT have entered into a definitive merger agreement under which STAR will merge into IRT, with IRT surviving as...
Broad Creek, Springer expand suburban multifamily portfolio
Family office-backed Broad Creek Capital has partnered with Philly-based Springer Capital to expand their joint portfolio of multifamily assets with the acquisitions of the Square...