Business Specialties
Passco Expands Senior Housing Pipeline
Teaming up with Avenida Partners, the company began construction on two 161-unit senior housing developments in California and Tennessee.
Trump Administration Lays Out Plan to End Fannie-Freddie Conservatorship
Following more than a decade of conservatorship, the Treasury department finally announced a privatization strategy that includes a number of legislative and administrative proposals.
Phoenix-Area Property Trades for $16M
ReNue Properties sold Sonoma Heights, a 96-unit value-add community located in Mesa, Ariz.
Dominium Opens 2 Affordable Communities in Denver
North Range Crossings and East Range Crossings include 468 units combined.
Quarters, Co-Living Brand, Enters DC Market
The global firm will open a 239-bed location in a brand-new, mixed-use development.
Transactions: September 2019
A selection of noteworthy deals announced between July 22 and August 21.
Wood Partners Debuts San Diego Luxury Community
The 110-unit Valentina by Alta is the developer’s second multifamily property in the city.
Affordable Jacksonville Community Sells for $19M
Alden Torch Financial sold the 224-unit asset in Southridge. Newmark Knight Frank provided acquisition financing for the buyer through Freddie Mac.
SunTrust Scores $95M in Florida Refis
Bluerock Residential Growth REIT owns the two Class A properties in the Gulf Coast cities of Destin and Naples.
Greystone Buys Multifamily Financing Platform for $80M
The company will take over the direct bond purchase business, which has roughly $1 billion in total assets, from Burlington Capital.