Bascom Group Trades Las Vegas Community for $70M
The seller had purchased the 308-unit property four years earlier for a fraction of the price.
Drucker + Falk Expand Richmond Management Portfolio
The firm will oversee operations at a mixed-use Opportunity Zone development slated for completion in 2020.
Denver Micro-Unit Community Sells for $23M
Castle Lanterra Properties acquired the multifamily asset within a year of the project’s completion.
Turner Impact Capital Pays $52M for Las Vegas Community
The new owner’s latest acquisition increases the firm’s Sin City portfolio to more than 1,000 units.
Nashville Community Gets $30M Refi
CBRE Capital Markets provided the loan, which retires an existing Fannie Mae mortgage on the 624-unit asset.
RADCO Trades South Carolina Community for $55M
Bridge Investment Group originated a three-year, $48 million acquisition financing package for the new owner.
Oak Residential Trades 350-Unit Kansas City Community
Goldman Sachs provided the buyer with a $32 million acquisition loan for the Class B multifamily asset.
Investment Concepts Pays $18M for Las Vegas Luxury Asset
The acquisition of the 62-unit community ranks as the highest per-unit deal to close in the metro this year.
LivCor Pays $43M for Phoenix Asset
The buyer of the 240-unit property assumed the remaining balance of a $20 million financing package taken by the seller in mid-2016.
Inland Real Estate Buys Phoenix Community for $56M
Santander Bank provided the buyer of the 225-unit property with more than $30 million in acquisition financing.