Business Specialties
Berkadia Arranges Sale of Tempe Community
Former owner Sares-Regis Group originally acquired the 144-unit Salado Springs property for $20.2 million in an all-cash transaction in 2016.
Capital Square 1031 Expands Virginia Portfolio
The 409-unit community in Woodbridge previously traded in 2013 and received $5 million in renovations since then. The new owner plans to finish the upgrades.
Investors Capital Group Sells 264 Units in Albuquerque
Completed in 2000, the sale marks only the second time Canon de Arrowhead traded. JLL originated a $15.8 million acquisition loan for the buyer.
Summit Contracting Completes Tampa Luxury Community
The 300-unit multifamily development, located roughly 7 miles east of downtown Sarasota, is the second Volaris-branded property by Waypoint Residential.
Phase 4 of Dallas-Area Community Breaks Ground
High Street Residential and Olympus Property are building Olympus on Broadway, a 383-unit addition to the Union at Carrollton project in Carrollton, Texas.
Master-Planned Community Coming to Texas Hill Country
281 Round Mountain LLC, headed by the father and son team of Grant and Travis Dean, are the developers of Trinity Oaks Preserve.
Passco Buys Georgia Community for $58M
Built in 2016, the fully stabilized Class A property sold by Southeastern Development Associates is located in Augusta, a rising cybersecurity hub.
Cortland Acquires UK Multifamily Firm
The purchase comes on the heels of the Atlanta-based investment firm’s $1.2 billion acquisition of Canadian REIT Pure Multi-Family last month.
LA Development Receives $16M Loan
The six-story community will feature a mix of 51 studios and 14 one-bedroom apartments, with seven units designed as affordable.
JLL Arranges Sale, Financing for Portland Asset
Built in 2009, Tupelo Alley includes 188 units and 10,000 square feet of ground-floor retail space managed by Unico Properties.