BRG Acquires $36M Alabama Community

Bluerock Residential Growth REIT Inc. bought a studio, one-, two- and three-bedroom apartment unit. Springs at Greystone is situated in the top-tier suburban district in Birmingham, Ala. The firm plans to renovate the 300-unit building.

NY Nursing Facility Lands $25M Refi

Greystone provided the HUD-insured loan for Adira at Riverside Rehabilitation & Nursing in Yonkers, N.Y. The financing carries a 30-year term at a low, fixed rate.

Allied Orion Group’s High-End Community Now Leasing in Houston

Featuring one-, two- and three-bedroom apartments, The Beacon at Buffalo Pointe—a 281-unit multifamily community—caters to the Texas Medical Center community.

Berkadia Arranges 593-Unit FL Portfolio Sale

Nova Eagle sold three multifamily assets in Jacksonville, Fla., for $27.9 million. The buyer was Infinity Acquisitions LLC.

Harland Recruits San Diego Manager

A 20-year industry veteran, Al Pesiri will focus on property management for the company’s San Diego rental housing market.

M&C Snaps Up $56M Orlando Luxury Community

Completed in 2017 by Wood Partners, the 312-unit Alta at Eastmar Commons encompasses 14 three-story apartment buildings, as well as a two-story clubhouse.

HFF Arranges Class A Community Sale in Houston

GPI Real Estate Management Corp. bought this one- and two-bedroom apartment community located in the heart of Houston’s Energy Corridor. HFF arranged the transaction.

PA Community Lands $32M Refi

Managed by Paradigm Properties Group, Deerfield Commons is located in Central Pennsylvania. The loan includes two years of interest-only payments followed by a 30-year amortization schedule.

240-Unit Orlando Community Trades for $30M

Beachwold Partners acquired the multifamily property located in Davenport, Fla. VennPoint Real Estate was the seller and CBRE arranged the transaction.

Marcus & Millichap Sells $23M Senior Community in Sandy, UT

Located between Salt Lake City and Provo, Rosegate Sandy broke ground in 2013. The 159-unit asset is located in a submarket that has seen more than seven percent population growth since 2010.