Cities
Praedium Group Acquires FL Community for $94M
Completed in 2017, the property is located in a designated opportunity zone in Pompano Beach, Fla. The seller is ZOM Living.
JV Lands $156M Financing for VA Property
HFF arranged the floating-rate loan for Modera Avenir Place on behalf of the owner, a partnership between Mill Creek Residential Trust and institutional investors advised by J.P. Morgan Asset Management.
Portland-Area Apartments Command $84M
The Class B garden-style community was purchased by Security Properties, marking the company’s ninth acquisition in the Portland MSA.
In Case You Missed It: MHN’s Top 5 Posts in October
Miss any of our articles? Catch up with five of our most popular posts for the month.
CAG Acquires South Fla. Site for Luxury Multifamily Project
The firm plans to break ground on the 256-unit luxury community South Daytona Beach, Fla., in March 2019 and have it ready for occupancy in 2020.
Chicago’s Condo Deconversion Sales: Will the Trend Last?
Interra Realty Managing Partner Patrick Kennelly weighs in on how the practice is affecting the market and reveals details of his company’s investment strategy.
CBRE Brokers $56M Denver Portfolio Sale
Laramar Group purchased The Rise, The Edge and The Vue in Cherry Creek. David Potarf, Dan Woodward and Matthew Barnett represented the seller, Granite Peak Properties.
Dallas-Area Community Changes Hands
The 68-unit community in Carrollton, Texas, has a mix of studio, one-, two- and three-bedroom units. The asset was recently renovated.
NXT Capital Provides Financing for Dallas Acquisition
The 252-unit multifamily community is three miles from downtown Dallas and has direct access to the Santa Fe Trail.
Passco Nabs NC Community for $57M
The Asheville Exchange acquisition marks the company’s first foray into the emerging Asheville, N.C. market.