Historic Landmark Changes Hands in West Hollywood
Casa Real encompasses 60 units and is located within walking distance of Sunset Boulevard. New owner Concord Capital Partners used a $13.9 million loan to purchase the $17.3 million asset.
Collins Group Makes 1st SC Acquisition
Cushman & Wakefield’s Tai Cohen, Jordan McCarley and Marc Robinson arranged the transaction on behalf of seller MAS Broken Arrow.
Urban Communities Expands AZ Footprint
Seller Firefly Modern Rentals received $14.7 million for Avenue 15. The asset encompasses 148 units and is located in northern Phoenix.
What Attracts Investors to Phoenix
Tides Equities Co-Founder & Principal Sean Kia explains the role of affordability in making Phoenix an attractive market for investors and how the firm managed to streamline its redevelopment operations in a tight and challenging construction market.
AZ Community Trades for $74M
MG Properties Group used a $49.3 million Fannie Mae loan to finance the acquisition of the 379-unit garden-style property located in Tempe.
CBRE Brokers Sale of Value-Add Asset in Atlanta
White Eagle Property Group acquired the 228-unit property from Atlantic & Pacific Companies. CBRE’s Shea Campbell, Kevin Geiger, and Don Hoffman worked on behalf of the seller.
Artisan Capital Group Buys Downtown KC Portfolio
Besides facilitating the sale, HFF arranged a $51.1 million financing which included a $38.8 million Fannie Mae loan and $12.3 million in joint venture equity.
Florida Community Sells for $92M
The buyer, American Landmark Apartments, plans an additional $6.2 million in capital improvements at the 448-unit community located in Boca Raton.
Havwoods Expands Vertical Line With Cork and Wood Tiles
The 3D Wood Wall Tiles collection includes three designs, while the 3D Cork Wall collection comprises a number of environmentally friendly, renewable and sustainable surface choices.
LA Community Changes Hands for $24M
Lion Real Estate Group purchased the 100-unit asset in 2015 for $15.5 million and sold it after renovating more than half of the property.