Nashville Multifamily Wrap-Up – September 2020
Fifth + Broadway’s first component opens downtown. Resort-style asset trades for $82.9 million. Here’s our September list of Nashville must-reads.
San Diego Multifamily Wrap-Up – September 2020
Sudberry Properties completes Mission Valley development. Partnership lands $103.5 million for 480-unit project. Catch up with our September selection of San Diego must-reads.
JV Buys Phoenix-Area Community for $77M
FCP and Tides Equities purchased the 515-unit property a few miles from downtown Tempe.
Arizona Student Housing Community Changes Ownership
The buyers, Pebb Student Living and Coastal Ridge Real Estate, will rebrand and improve the 456-bed property.
ZOM Living Sells Recently Built North Dallas Community
A CBRE-sponsored fund purchased the 376-unit luxury property. The seller developed the asset using a $35.8 million construction loan from Texas Capital Bank.
Gelt Purchases Portland-Area Community for $30M
HFO Investment Real Estate represented the buyer of the 160-unit, garden-style property in Gresham, Ore.
Capstone Real Estate Acquires Ohio Student Housing
Rialto Capital Management sold the 471-bed property located in Akron for $12.5 million.
Lincoln Ventures Completes Austin Student Housing Community
Totaling 562 beds, Moontower is the company’s seventh University of Texas student housing development.
Graceada Partners Pays $24M for Sacramento Community
The new owner plans to renovate and modernize the property, investing $12,000 per unit.
San Diego Community Sells for $70M
CRBE provided $43 million in financing through Cigna for R&V Management’s acquisition of the LEED Platinum-certified property.