TODAY’S DEALS: Raia Buys a Tallahassee Apartment for $42.2M
ARA brokers a Tallahassee sale; Steel Castle buys a 296-unit apartment in San Antonio; and Centerline provides $4.5 million to refinance a community in Florida.
TODAY’S DEALS: Security Properties Coinvests in Multifamily Fund
Security properties closes a 2,471-unit fund, sells first asset; an affiliate of True North Capital Partners acquires two Massachusetts apartments in a sale brokered by CBRE/NE; and Meridian negotiates financing for New York communities.
TODAY’S DEALS: Bascom Buys 624-Unit Apartment in Las Vegas
The Bascom Group completes its 11th buy for 2013; Greystone provides $24.3 million for a Louisiana rental; and Largo Group of Companies arranges financing for multifamily properties.
TODAY’S DEALS: Meridian Capital and Beech Street Arrange $90.4M for Five California Apartment Assets
Meridian, Beech Street arrange refinancing for five apartment assets; Champion buys a 304-unit rental in Ohio; and Centerline refinances a multifamily property for $3.4 million.
TODAY’S DEALS: ARA Reps Sale of Newly Delivered Charlotte TOD Apartment
ARA sells a 208-unit apartment for Proffit Dixon Partners; and Equus Capital Partners completes a $47 million sale in Nashville.
TODAY’S DEALS: Winthrop Acquires Four Class A Assets for $246M
Winthrop Realty Trust buys 761 units; TruAmerica buys a California community for $81 million; and Grandbridge arranges $26.5 million in financing for two California properties.
TODAY’S DEALS: Grandbridge Arranges $26.5M for California Apartments
Grandbridge arranges financing for two California assets; Associate Estates acquires an apartment community in Charlotte; and NorthMarq arranges $4.12 million in acquisition loans.
TODAY’S DEALS: HFF Closes Sale of N.J. Development Site
A 25.4-acre fully approved site trades hands; Clarion Partners buys a student housing asset in Tucson; and Meridian Capital negotiates $43 million in financing for properties in New York.
TODAY’S DEALS: Pinnacle Sells 304-Unit Apartment Near Dallas
Cortland Partners buys Texas asset from Pinnacle; CBRE/New England brokers the $7.8 million sale of a Section 8 property in Massachusetts; and BMC Capital provides a $2.8M loan and enables lower interest on foreclosed property.
TODAY’S DEALS: Vantage to Acquire 650-Unit Apartment Outside Philly
Vantage enters a $70 million acquisition agreement; IPA brokers a Behringer Harvard sale in Connecticut; and IPA arranges a $31 million multifamily sale in Tampa, Fla.