Charlotte Apartments Change Hands

An affiliate of the Carroll Organization has sold ARIUM McAlpine Creek, a 214-unit apartment community in Charlotte, N.C.

Passco Buys Suburban Phoenix Community for $80M

The nearly 400 units are located in one of the metro area’s most desirable submarkets.

Deluxe Bay Area Asset Commands $320M

Aimco spared no expense when building Indigo, a new 10-story luxury community in Redwood City, Calif.

Steadfast REIT Grows in Peachtree State

The non-traded multifamily REIT sponsored by the private investment company paid about $56 million for a freshly renovated garden-style community in Marietta, Ga.

Yardi Matrix: Richmond’s Rise

The capital of Virginia remains a steady market, having hit cycle-wide records this year for delivered units, rent growth, transaction volume, home prices and job gains.