Cities
WWC Completes Phoenix-Area Acquisition
The $17 million transaction represents the company’s 39th acquisition. The company invested more than $210 million in multifamily assets last year.
Buchanan Acquires $60M CO Property
The firm purchased the 240-unit Luna Bella in the Denver submarket of Lafayette. ARA Newmark represented the seller, Milestone Apartment Developers, in the transaction.
Peak Campus Increases Southern Management Portfolio
The firm will manage two student housing communities featuring a combined 1,429 beds in Tampa, Fla., and Charlotte, N.C.
Berkadia Secures Loan for $97M Florida Buy
Robbins Electra sold the 542-unit property to Advenir. Freddie Mac originated the $80 million value-add, three-year loan.
Gaudenzia Completes Philly Affordable Housing Project
Designed by Cecil Baker + Partners for families battling addictions, the 24-unit community is now open for residents that are transitioning from treatment to independent living.
MN Community Lands $31M Refi
Dougherty Mortgage secured the Fannie Mae loan for Residences at 1700, a 115-unit property in Minnetonka.
Luxury Condos Open in DC
Elysium Logan is a 32-unit high-end condominium located in the Logan Circle neighborhood of Washington, D.C. More than 60 percent of apartments are already sold.
Tempe Community Trades for $7M
ABI Multifamily has brokered the sale of the 56-unit Arizona asset. The transaction was subject to a $4.5 million, 10-year loan provided by Opus Bank.
Umbrella Properties Snags $53M Phoenix Community
CBRE Multifamily Institutional Properties represented the seller, PrivatePortfolio Group, in its disposition of the 328-unit Aldea at Estrella Falls in Goodyear, Ariz.
Decron Acquires Bay Area Property
The 220-unit multifamily property sold for nearly $90 million and features a mix of one- and two-bedroom apartments across four buildings.