CWS Capital Buys Phoenix Apartments
Walker & Dunlop originated more than $38 million in Freddie Mac acquisition financing for the buyer’s $60 million purchase of the Class A, 320-unit community.
Bridge Investment Pays $70M for Phoenix Community
The seller of the 460-unit Class B asset purchased the apartments in mid-2014 as part of a nearly $170 million portfolio deal.
Multifamily Investment in 2019: Finding Opportunities in DC
Bob Kettler, chairman & CEO of KETTLER, discusses how the firm has leveraged strong local knowledge with technology solutions to generate solid returns in a dynamic market.
Nuveen Buys Seattle Portfolio for $245M
The acquisition included two Class A properties—one in Bellevue, the other in the Issaquah submarket—adding up to more than 550 units.
Jacksonville Value-Add Community Sells for $12M
The seller, Avesta Communities, acquired the Class C asset out of a foreclosure action in early 2012 for $3.4 million.
Atlanta Age-Restricted Community Commands $10M
CBRE provided nearly $8 million in Fannie Mae acquisition financing to The Hallmark Cos., the buyer of the 120-unit asset.
Carlyle Group JV Buys Vegas Apartments for $87M
The 456-unit Class A property last changed hands in late 2010, when Fairfield Residential sold it for nearly $47 million.
Strand Co. Sells Atlanta Apartments for $31M
PGIM Real Estate Finance originated a Fannie Mae acquisition mortgage of almost $22 million for the buyer of the partially affordable 294-unit community.
Madison Residential Acquires Seattle Community
Opus Bank provided the buyer with more than $12 million in financing for the nearly $16 million acquisition. The 77-unit asset last changed hands in 2014 for $7.6 million.
FPA Multifamily Trades Seattle-Area Asset for $71M
The transaction marks the buyer’s second acquisition in the Federal Way submarket in the past 12 months, bringing the firm’s Seattle-area portfolio to more than 600 units.