Business Specialties
Colorado Portfolio Sells for $207M
Inland Private Capital Corp. sold the three properties totaling 855 units on behalf of an IRS Section 1031 investment program, bringing liquidity to more than 240 investors.
Trio of Midwest Communities Commands $100M
With this acquisition, The Habitat Co. enters the Minnesota market while expanding its multifamily portfolio in Michigan to more than 2,500 units.
Increasing Yields by Solarizing Low-Income Communities
OYA Solar Founder & Managing Partner Manish Nayar summarizes the evolution of the solar market and stresses the wide applicability of energy efficiency in multifamily, including atop of affordable assets.
Bentall Kennedy Buys $110M Denver Community
The company acquired the LEED Gold-certified, 338-unit asset on behalf of its U.S. core fund, as the city’s economic growth drives a robust multifamily market.
Berkadia Arranges HUD Loan for Midwest Portfolio
Millennia Cos. will use the $34.3 million financing for substantial renovations to a pair of apartment communities in an Illinois city on the Iowa border.
CAPREIT Closes on $279M Dutch Multifamily Sale
The Canadian REIT’s portfolio acquisition creates Canada’s first Europe-focused multifamily REIT. A second bundle of residential assets valued at $110.6 million will change hands in August.
NC Community Changes Hands for $34M
Carlisle Residential Properties sold the 237-unit asset in Greensboro to Grimley Residential in a transaction arranged by Cushman & Wakefield.
Latest Phase Breaks Ground at GA Development
Developer Branch Properties has broken ground on the third phase of its mixed-use residential project, West Village, located in northwest Atlanta.
In Case You Missed It: MHN’s Top 5 Posts in May
Miss any of our articles? Catch up with five of our most popular posts for the month.
New Minneapolis Community Trades for $25M
Roers Cos. sold Mezzo, a 110-unit property in the city’s Arts District. JLL originated a $16.2 million loan for the new owner.