TerraCap Sells Atlanta-Area Community for $16M
The Arbors previously changed hands in 2017, as part of a $116 million portfolio transaction.
Phoenix-Area Community Sells for $37M
The buyer of the 153-unit, garden-style community financed the acquisition with a nearly $24 million Freddie Mac loan.
CGI Strategies Breaks Ground on Another Koreatown Community
At the same time, the company completed work on The Mariposa, a 122-unit project nearby.
Blaze Partners Acquires Suburban Charlotte Community
The 229-unit, recently built property is the buyer’s fourth asset in the metro.
North Los Angeles Community Trades for $35M
Constructed in 1964, the seven-building property changed hands at a per-unit price of roughly $375,000.
Invesco Breaks Ground on San Diego Luxury Mixed-Use
Completion of the 284-unit multifamily project is planned for the second quarter of 2021.
EBSCO Income Properties Pays $53M for Newly Built Community
The acquisition of the 229-unit property was financed through a Freddie Mac loan originated by Hunt Real Estate Capital.
San Diego Community Trades for $23M
Property West Residential purchased the 60-unit Class B multifamily asset near one of the city’s major universities.
Hunt Real Estate Secures $12M for Dallas-Area Buy
The borrower plans to implement energy-efficient upgrades at the 124-unit property in Arlington.
Dasmen Residential Pays $30M for Durham Community
The new owner plans to begin capital improvements to update the 26-building property’s units and common areas.