BRT Nabs 3 St. Louis Luxury Communities

Through joint venture partnerships, the REIT purchased Vanguard Heights, The Tower at OPOP and The Lofts at OPOP for some $75 million. Meridian Capital Group arranged financing for all three acquisitions.

Peak Campus’ Jennifer Hill Climbs Corporate Ladder

Hill has been with the company since its inception, having served as senior vice president. In her new position, she will be responsible for all staff operations and oversee all legal matters.

Federal Capital Partners Takes 2 in Tampa

The company, which is headquartered outside of Washington, D.C., expanded its Florida footprint with the $21 million acquisition of two properties totaling 292 units.

Dallas Apartments Receive $11M Fannie Mae Financing

Located in Waco, Texas, the 256-unit residential community received a 10-year Fannie Mae loan with a 30-year amortization schedule. Doughtery Mortgage, a conventional and affordable debt provider headquartered in Minneapolis, secured the financing on behalf of Upper Level Acquisitions II LLC, a Texas-based entity.

2-Community Sale Fetches MGPG $68M

The properties, located in Henderson and North Las Vegas, Nev., comprise 641 units. Both communities feature one-, two- and three-bedroom floor plans with high-end amenities.

Robbins Electra Closes Third Atlanta Purchase

The company purchased Oakley Park, a 240-unit residential community for $28.4 million, considerably more than when it last changed hands in 2014.

JLL Brokers Downtown Phoenix Land Sale

Due to rising rents, as well as employment and population growth that keep demand high, Clark Street Holdings acquired 1.3 acres on which it plans to develop a residential high-rise property.

URS Capital Partners Nabs Distressed Apartment Community

The company plans to invest $4 million in the property’s renovation, crucial to an extensive rebranding process that will include renaming the community as The Flats at East Atlanta.

Avison Young’s Principal Julie Johnson

McFarlin Buys Land for Senior Living Community in Phoenix

In a deal arranged by Avison Young, the company has acquired a nearly 7-acre property where the 80-unit Mariposa Point at Algodon Center will be developed.

Phoenix Condo Development Receives Construction Loan

Sales have begun for The Residences at Oak, a 47-unit condo project nearing completion in Scottsdale, Ariz.