Business Specialties
IEC Closes on California Apartment-Specific Investment Fund
The fund is the firm’s largest one thus far, comprised of equity from new and repeat investors.
Castle Lanterra Properties Acquires $56M NJ Community
The acquisition is the second New Jersey property Castle Lanterra Properties has added in the last five months.
BRG Closes $53.7M Off-Market Deal on the Emerald Coast
Bluerock Residential recently acquired a luxury multifamily community in Okaloosa County, Fla.
Portland-Area Apartments Command Record Price
At $89,571 per unit, the transaction represents the highest apartment price ever recorded in the city of Woodburn.
ARA Newmark Brokers Sale of 360-Unit Community in Suburban Dallas
In a deal facilitated by ARA Newmark, California-based Frankel Family Trust has acquired Jefferson Center, a 360-unit apartment community located in the Dallas suburb of Richardson.
Timberland Partners Acquires Autumn Park in Overland Park
Timberland Partners has acquired a 232-unit apartment community in suburban Kansas City, which it rebranded Arcadia at Overland Park.
Hunt Mortgage Group Provides $25.4M Loan for 316-Unit Katy Community
Fountains of Katy landed a $25.4 million acquisition loan, thanks to Hunt Mortgage Group.
IPA Arranges Sale of Miracle Mile Apartment Asset
The property was acquired by a private investor.
Seattle’s Largest Rental Developments Completed in 2015
A total of 4,279 new apartments were added to Seattle’s local inventory in 2015.
Stone Creek Apartments in North Sacramento Trade Amid Continued Market Improvement
An affiliate of the Bascom Group recently completed the purchase of a Sacramento apartment community.