Shopoff Realty Pays $72M for Vegas Apartment Community
The company plans to invest more than $6 million in improvements at the 624-unit community.
Bascom Nabs Prescott Lakes Senior Community for $18M
The property was build in 2003 and is situated within the Prescott Lakes master-planned community in Prescott, Ariz., approximately 100 miles north of Phoenix.
State Farm Agent Appointed to JCCC Board of Trustees
Henry Sandate is also chairman of the Argentine Neighborhood Development Association.
Altisource Scores $652M Single-Family Portfolio
The REIT picked up properties in six southern states and than doubled the size of its rental-home holdings.
Dan Savoia Moves Up the Ladder at Balfour Beatty Campus Solutions
As the new VP of development, Savoia will lead the company’s development activities and oversee personnel management.
Berkadia Closes $57M Sale of Vegas Luxury Apartments
Inland Real Estate Group has acquired The Wyatt, a 308-unit community located on Buffalo Drive.
Bellwether Arranges Refi for Long Beach Multifamily Asset
The owner will carry out a number of energy efficient improvements in order to comply with the loan’s requirements.
Texas Apartment Community Sold for $34M
Pure Multi-Family has agreed to sell Livingston Apartments by the end of October 2016.
JLL Arranges $22M Apartment Community Sale in Phoenix
The deal marks the first downtown Phoenix apartment project to be constructed and traded in the market’s post-recession upswing.
BRAD Management Picks up Two South Pasadena Residential Buildings
The financing for the acquisition and renovation of the two assets was provided by Thorofare Capital.