Cities
TruAmerica Multifamily Secures 2 Vegas Properties for $77M
The company added 504 units to its portfolio with the acquisition of Crossing at Green Valley and The Retreat.
Affordable Phoenix-Area Community Trades for $16M
Johnathan Smith, Brian Smuckler and Jeff Seaman of CBRE facilitated the sale of the 152-unit property in Peoria, Ariz., to a local investor.
LIHC to Preserve East Harlem Affordable Community
The firm has funded more than $20 million in capital improvements for Lakeview Apartments, which was constructed in 1974 and comprises four buildings.
JV Acquires Las Vegas Community for $50M
Tower 16 Capital Partners and Henley USA purchased a 540-unit multifamily project that Tower 16 will spend $7 million to upgrade.
2 Vegas Properties Command $60M
Westland Real Estate Group acquired Liberty Village Apartments and Village Square Apartments, adding 1,129 units to its portfolio.
Walker & Dunlop Taps New Finance SVP
Michael Davis will be responsible for originating multifamily loans through the lending programs of HUD, Fannie Mae and Freddie Mac.
Rivergate KW Residential Expands Into TN
The company will oversee The Residence at Old Hickory Lake, a 116-unit community near Nashville. This marks the fifth property it will manage for Arnold Cos.
Inland Empire Builders Sells Phoenix Asset for $52M
Capital Foresight is the new owner of Avante Apartment Homes, a 428-unit community located near the city’s downtown area.
NKF Capital Markets, Berkeley Point Capital Refinance Tampa Asset
Brookview at Citrus Park includes 400 units, as well as a sports pub, a dog park and a fireside lounge.
Affordable Atlanta Community Secures $15M Loan
The Benoit Group’s 180-unit Bethel Towers Apartments will undergo major renovations and share ownership with a local church congregation.