Terwilliger Pappas Sells Atlanta Asset for $75M

The 303-unit luxury community welcomed its first residents in 2018. The developer financed construction of the property with more than $40 million from Synovus Bank.

Coast Equity Purchases Suburban Seattle Community

Hunt Real Estate Capital provided the buyer with more than $16 million through Freddie Mac to finance the nearly $25 million acquisition.

Bridge Investment Group Pays $144M for WA Portfolio

Wells Fargo Bank provided the buyer with nearly $94 million in financing to acquire the assets, which contain 682 units across two properties

URS Capital Sells Cincinnati-Area Community

PGIM Real Estate Finance provided the new owner with a 12-year, Fannie Mae acquisition loan of more than $14 million.

Solomon Org. Expands Pittsburgh Holdings

Siara Management sold the 308-unit Class B property in Moon Township, Pa. M&T Bank provided the new owner with a 15-year acquisition and development loan.

Avesta Sells Orlando Apartments for $46M

The Canadian Imperial Bank of Commerce provided McKinley Properties, the 348-unit community’s buyer, with a $58 million acquisition and development loan.

Goldman Sachs Buys Nashville Community for $73M

The 321-unit luxury multifamily asset was sold by Lennar. The Canadian Imperial Bank of Commerce provided nearly $50 million in acquisition financing.

Carter Multifamily Increases Jacksonville Footprint

The new owner paid more than $23 million for the 262-unit Class B community and plans to invest in capital improvements to reposition the property.

Waterton Buys San Francisco-Area Community

The seller, Kennedy Wilson, earned nearly $65 million for the 260-unit multifamily asset, more than double the acquisition price in 2006.

National Property REIT Trades Jacksonville Community

Laguna Point Properties acquired the 204-unit Class B multifamily asset for nearly $25 million, financed with a $17.4 million acquisition loan.