News & Happenings

Press Release

Mike Grippi Joins Moran & Company’s Mountain States Office

Denver, CO

DENVER, CO – Moran & Company’s Mountain States Office announced today that Mike Grippi, former President of Investment Management with Holland Partner Group, has joined the brokerage firm in its Denver office. In this new role, Grippi will be responsible for assisting with the expansion of Moran’s Mountain States brokerage platform and...

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Press Release

Moran & Co. Southeast Brokers $63.5M Sale of Apartment High-Rise in Metro Atlanta

Sandy Springs, GA

SANDY SPRINGS, GA. — Moran & Co. Southeast has brokered the $63.5 million sale of M789, a 33-story apartment high-rise located at 789 Hammond Drive in Sandy Springs, a suburb of Atlanta. The property’s 300 units average 1,221 square feet. Chicago-based Magnolia Capital purchased M789 from Austin, Texas-based CWS Capital LLC. Sean Henry and...

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News

Real Estate Forum’s Best of 2016: One Santa Fe – A Creative Approach in an Arts District

Downtown Los Angeles, CA

As a catalyst for the transformation of Los Angeles’ Arts District, One Santa Fe was a groundbreaking mixed-use project. As the subject of an investment sale, the property at 300 S. Santa Fe Ave. in L.A. was backed by an incredibly complex” capital structure, in the words of Moran & Co., which marketed One Santa...

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Press Release

Curtis Walker joins Moran & Company as Partner covering the Southeast Region

Atlanta, GA

Curtis Walker Joins Moran & Company as Partner in the Southeast Office ATLANTA, GA – Moran & Company’s Southeast Office announced today that Curtis Walker, former Acquisitions Partner for Wood Partners, has joined the brokerage firm as a Partner for the Southeast region based in Atlanta. In this new role, Walker will be responsible...

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News

Key Take-Aways from National Multifamily Housing Council’s 2017 Annual Meeting

San Diego, CA

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Press Release

New Balance and John Hancock Join Together for Development of the Residences at Boston Landing

Boston, MA

BOSTON—New Balance and John Hancock Financial have joined together to develop The Residences at Boston Landing, a 17-story, 295-unit luxury apartment high-rise currently under construction near the New Balance global headquarters. Hancock is taking a major equity stake in the apartment building, which is scheduled to open in June 2018. Terms of...

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Press Release

R. W. Selby & Company buys 3-property portfolio from State Farm for $120M

Westside Los Angeles

R. W. Selby & Company, a Brentwood-based firm, recently acquired three multifamily properties in West L.A and Bel Air, The Real Deal has learned. The portfolio — which includes the 91-unit Eleven950 at 11950 Idaho Avenue, the 34-unit Twelve000 at 12000 Idaho Avenue and the 59-unit Village Bel Air at 130 Sepulveda Boulevard — sold...

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Press Release

Acacia Capital Acquires Camino Real

Rancho Cucamonga, California

Rancho Cucamonga, California – Acacia Capital has acquired Camino Real, a 272 unit garden-style community, from a joint venture between SARES•REGIS Group and institutional investors advised by J.P. Morgan Asset Management. This value-add opportunity closed on July-31 and was brokered by Tom Moran Jr. of Moran & Company’s California office...

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Press Release

1000 South Broadway Sells to Greystar

Denver, Colorado

Denver, CO – National real estate developer, Fore Properties, has sold 1000 South Broadway, a 260-unit luxury apartment community in central Denver, CO to Greystar Real Estate Partners. David Martin and Pamela Koster, Mountain States Regional Partners of Moran & Company, represented the seller in the transaction. The sale closed on July 14th...

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Press Release

427-Unit CasaLago Eastlake Apartment Community Sells

Chula Vista, California

Chula Vista, Calif. – An institutional buyer has purchased CasaLago Eastlake, a 427-unit, newly constructed apartment community in the sought after master-planned community of Eastlake in South San Diego. The seller, a joint venture between Resmark Apartment Living and ColRich Multifamily, was represented by Mike Murphy, a Director, and Mary Ann...

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