Create a brighter future with a career in real estate. By The Registry Staff In addition, both assets are conveniently located near the I-8 freeway, allowing residents easy access to the rest of San Diego County. South Florida Investor Pays $33M for Tampa Industrial Portfolio Well be reaching out shortly. This is the seventh value-add fund in the apartment series. According to Apartments.com, the Sierrabrook Apartments total 220 apartment units. Chief Investment Officer - FPA Multifamily, LLC - LinkedIn California investor scoops up 96-unit complex in Kent Daniel Kaplan on LinkedIn: FPA Multifamily, LLC | Real Estate FPA Multifamily Purchases 234-Unit Apartment Portfolio in Alpine for $54.1MM, Interwest Capital Group Pays $45.6MM for 142-Unit Apartment Community in Ontario, FPA Multifamily Sells 128-Unit Asset in Visalia for $30.65MM, FPA Multifamily Seeks $1.35B Capital Raise for New Apartment Fund, R.W. BH Management is listed as second on the MHNews list, but it is not the second-largest, as it self-reports as the 9th largest property manager in the United States. Ancient City Capital Acquires Three-Property Student Housing Portfolio Find an expert by name or by state, province, or city. 1919 S Wabash Ste 100, Chicago, Illinois, 60616, United States. All three properties are located less than one mile from campus and are proximate to downtown Tallahassee. According to JLL's new Banking and Finance Outlook, the banking and financial services industry is expanding into new markets and growing their real estate portfolios. The property contains a mix of one- and two-bedroom apartment units ranging in price from $2,513 to $2,873 per month. Amenify Expands into Atlanta through Strategic Partnerships with FPA FPA Multifamily Pays $42M for 2 Seattle Communities, Top 50 Multifamily Property Management Firms of 2022, Top Marketers: When to Redevelop a Website, Why RCLCO Encourages SFR Developers to Ready Their Shovels, Wood Partners Breaks Ground on North Carolina Community, Harbor Group Seals $122M Refinancing for Texas Property, BRIDGE Housing JV Breaks Ground on San Diego-Area Affordable Community, Crescent Communities Kicks Off Raleigh-Area Project. FPA Multifamily is a real estate investment firm utilizing institutional private equity for apartment investments. Currently, Joanna Zabriskie serves as CEO of the firm. Florida State University Portfolio Trades for $58M, Top Marketers: When to Redevelop a Website, Why RCLCO Encourages SFR Developers to Ready Their Shovels, Wood Partners Breaks Ground on North Carolina Community, Harbor Group Seals $122M Refinancing for Texas Property, BRIDGE Housing JV Breaks Ground on San Diego-Area Affordable Community, Crescent Communities Kicks Off Raleigh-Area Project. In August, for instance, the company acquired the Merrit on 3rd, a 178-unit apartment building at 1130 3rd Ave. in Oakland. This website is owned by a private company that offers business advisory services, financial information services and other services related to commercial and multifamily real estate, as well as small business financing. Both communities are within walking distance of the Ballard Ave NW retail corridor, Ballards Brewery District and Golden Gardens Park, providing easy access to various retail centers, dining options and entertainment venues. The properties are also close to Seattles central business district and South Lake Union, in proximity to large employers in the tech and life science industries. and 1327 High Rd. The firm also owns purely commercial properties. Need to identify the right space for you? A San Jose redevelopment site that was slated to be sold at a foreclosure auction was acquired at the eleventh hour by 2007 - 2023 Mighty Dot Media, Inc. All rights reserved. The property was sold for $74.2 million, or roughly $337,272 per unit. FPA Multifamily is part of the Real Estate industry, and located in Illinois, United States. We have no connection or affiliation with any government agency and are not a lender. Founded in 1985, FPA Multifamily, LLC is a real estate investment firm utilizing institutional private equity for apartment investments. - Mark Jarrell, head of Greystone's portfolio lending group. If youd like to be featured in Brokers Corner, send your deal to[emailprotected]. FPA Multifamily ranked 19th in the Top 50 Multifamily Property Management Firms of 2022 report, with a portfolio occupancy of 95 percent. See more properties for . ESG Initiatives By FPA Multifamily, LLC According to the Mercury News, which first reported on the sale, the portfolio was acquired for a total of $134.8 million. In addition to its U.S.-based holdings, Greystar has a sizable portfolio in the U.K. and has engaged in several major acquisitions in the last decade. FPA Multifamily Acquires Multifamily Property in Chadds Ford Expands Atlanta Portfolio. FPA Multifamily Acquires 415-Unit Multifamily Portfolio in San Jose for $134.8MM, Alameda County Eviction Moratorium Ends, But Not Lifted in All Cities, Commercial Loan on 250,000 SQFT City Square in Oakland Placed on Lender Watchlist, The Sobrato Organization Proposes 432-Unit Multifamily Community in Menlo Park, Study: US Warehouses Present an Untapped Solar Energy-Generating Potential, Could Make Sector More Important for US Economy, Pacific Development & PGIM Announce Project Details for 368-Unit Launch in Alameda, Panoramic Interests 1,032-Unit Mixed-Use Project Site in Oakland Faces Foreclosure, Nibbi Jumps into Modular Construction with Sango Court Project in Milpitas, South Korean Investor Acquires 3.2-Acre San Jose Redevelopment Site for $27.6MM, Industrial Market Is Hitting Record Occupancy, But Industry May Be Stabilizing. Senior Directors Stewart Hayes and Scott Clifton and Analyst Jack Goldberger of JLL Capital Markets represented the seller in the transaction. About FPA Multifamily | Asset Management For Apartment Owners 51 apartments in 3 buildings in 2 towns in Hillsborough County NH. A team of investment advisory brokers from HFF, made up of Sean Fogarty, Marty OConnell, Wick Kirby and Kevin Girard represented the seller in the deal. NW., Belay comprises 104 units in a single building. Amenities include a BBQ area, fitness center, playground, basketball court and swimming pool. The single-building, three-story community comprises 51 apartments, including studios and one-bedroom units, with an average size of 557 square feet. Marketing Description. Since 2014, when Ms. Zabriskie took her post, the firm, and its joint venture partners have invested more than $1.2 billion in apartment properties throughout the United States. Learn more about working at JLL. Constructed in 1987, The Eln Summit at Alpine located at 2660 Alpine Blvd consists of 36 large(650sf) 1 Bedroom /1 Bath units and 72 large (850sf) 2 Bedroom /2 Bath units.