Adriana Marinescu is an associate editor with Commercial Property Executive and Multi-Housing News. She joined the CPE-MHN team in 2019.
Franklin Street Arranges $18M Sale in Metro Atlanta
Jake Reid, Chad DeFoor and Dan Phelan represented the seller in the disposition of the 150-unit community in Marietta, Ga.
Atlanta Community Trades for $37M
Taurus Investment Holdings acquired the 192-unit multifamily property in the Midtown South submarket. JLL brokered the transaction and secured $25 million in acquisition financing.
Senior, Disabled Community in Boston Area Scores $10M Loan
The owners refinanced Peter Sanborn Place through a MassHousing loan and intend to implement an improvement program.
Miami Community Trades for $22M
Marcus & Millichap arranged the sale of a 116-unit asset located next to Tamiami Park. The seller owned and operated the multifamily property for more than 35 years.
Spectrum Sells Charleston Luxury Community for $51M
The 274-unit high-end property is within walking distance from the new Publix-anchored shopping center, part of Point Hope Commons. Capstone Apartment Partners negotiated the deal.
Jacksonville Community Changes Hands for $22M
KCB Management sold the 256-unit property for more than double the price it traded for in 2013. Berkadia originated more than $17 million in acquisition financing.
Aegis Living Opens Seattle Senior Housing Asset
Construction on the 89-unit, Ankrom Moisan-designed community began in late 2017. The owner plans to complete an additional five developments by 2022.
Tampa Bay-Area Community Sells for $13M
Milbrook Properties has sold the 111-unit multifamily property located 3 miles east of downtown Largo, Fla. Franklin Street brokered the transaction and secured the acquisition financing.
Phoenix Senior Housing Asset Trades for $27M
Chicago Pacific Founders acquired the 101-unit community, which offers three different levels of care and is located near several health-care providers.
FL Luxury Conversion Sells for $35M
Waypoint Residential traded the 288-unit multifamily asset in Tallahassee after converting it from student housing. Newmark Knight Frank represented the seller and procured acquisition financing for the buyer.