Business Specialties
American Landmark Sells Jacksonville Apartments
The 300-unit Landings at Lake Gray was originally purchased by the firm for $31 million back in 2017. CBRE brokered the transaction.
Clarion Partners Buy Tampa-Area Community
JBM Institutional Multifamily Advisors arranged the $54.5 million sale of West Port Colony, located in St. Petersburg, Fla.
Why Rehab is a Health-Care Niche to Watch: Report
Inpatient Rehabilitation Facilities are the fastest-growing part of the Post-Acute Care sector in the U.S., according to Colliers International.
Community in Vegas Opportunity Zone Sells for $64M
A joint venture between The Arden Group and GFO Cos. purchased the newly delivered, 215-unit student housing property.
Avanath Buys 288-Unit Orlando Community
The property, subject to a Land Use Restrictive Agreement, is the first acquisition for the company’s fourth affordable housing fund.
Related, Hudson Cos. Top Out Affordable Housing Project
The 340-unit building is the first newly built, permanently affordable housing to be developed on New York City’s Roosevelt Island.
JV Breaks Ground on Brooklyn Mixed-Use Project
Developed by START Treatment & Recovery Centers, Delshah Capital and OTL Enterprises, the 20-story will offer 180 housing units, as well as office, retail and community space.
NYC Affordable Portfolio Lands $192M in Financing
A joint venture secured the fixed-rate financing to acquire and renovate 1,321 affordable housing units in Brooklyn.
Continental Realty Closes $211M Fund
The company’s fifth vehicle, which targets value-add multifamily and retail investments throughout the Mid-Atlantic and Southeast, has acquired a rental property in Raleigh, N.C.
Epoch Residential Sells 308-Unit San Antonio Asset
The deal is the first time the 2015-built community has changed hands. Nationwide Life Insurance provided the buyer with a nearly $27 million acquisition loan.