UMH Properties Acquires 1st Alabama Asset
The REIT will implement a turnaround strategy at the 195-homesite community in Dothan and infill the property with rental homes.
Fairstead Buys Jacksonville Asset for $15M
The seller provided the new owner of the 149-unit community with $11.1 million in acquisition debt.
OZ Impact Funds Spends $100M on MHC Portfolio
The deal comprises 21 communities located in Wisconsin, Nebraska, Illinois, Indiana and Kentucky.
FCP Acquires Atlanta Asset for $30M
The community’s new owner assumed an existing $16.5 million Fannie Mae loan.
Phoenix-Area Asset Trades for $43M
The Milestone Group financed the acquisition of The Pavilions at Arrowhead through Freddie Mac loan.
Allied Orion to Manage 3 Military, Corporate Housing Properties
Totaling some 800 units, The Accend Cos.’ buildings are situated in San Antonio, Tampa, Fla., and Norfolk, Va.
Wildhorn Capital Buys 264-Unit Community
CBRE originated a $24.4 million Freddie Mac acquisition loan for the new owner.
Blackstone Pays $100M for Orlando Luxury Property
The 428-unit Class A community traded for the first time in more than a decade.
The RADCO Cos. Sells Tampa Asset for $47M
The new owner assumed the outstanding balance of a $28.6 million CMBS loan originated in 2018.
JV Acquires 450-Unit Denver Property
Tower 16 Capital Partners and Dune Real Estate Partners purchased the community in Aurora, Colo., from a private seller.