Community in Vegas Opportunity Zone Sells for $64M
A joint venture between The Arden Group and GFO Cos. purchased the newly delivered, 215-unit student housing property.
Allied Orion to Manage Colorado Springs Apartments
Etkin Johnson Real Estate Partners expects construction of the Class A luxury property to be complete in October 2019.
Las Vegas Rental Property Trades for $52M
NorthMarq Capital provided the buyer, Bluerock Real Estate, with nearly $34 million in financing for the acquisition of the 320-unit Class B asset.
IMT Capital Buys Denver Apartments for $120M
CBRE provided nearly $75 million in Freddie Mac financing for the 472-unit multifamily acquisition, the market’s largest single-property deal this year.
KETTLER Pays $119M for Raleigh-Area Apartments
Pacific Life Insurance provided the buyer of the newly completed 493-unit Class A multifamily asset with $76 million in acquisition financing.
Spectrum Sells Charlotte Apartments for $63M
The sale of the 322-unit Class A community is the seller’s second disposition of a recently delivered asset in the Carolinas this summer.
Abacus Capital Sells Vegas Apartments for $36M
Berkeley Point Capital originated Freddie Mac acquisition financing for the buyer of the 237-unit Class B multifamily asset. The property last traded in 2017 for $24 million.
Luxury Nashville Community Sells for $69M
KeyBank provided buyer Bluerock Real Estate with a seven-year, $48 million Freddie Mac acquisition financing package for the 334-unit Class A community.
Tower 16 JV Expands Vegas Multifamily Footprint
The firm partnered with Henley Investments, paying nearly $33 million for the Class B community. The deal marks the partnership’s fifth acquisition in the metro.
Davlyn Investments Buys SoCal Apartments for $60M
The 187-unit luxury community is the buyer’s latest Inland Empire acquisition, following the $35 million purchase of 125 units in November.