Deals

Tucson Value-Add Asset Changes Hands

Skyline Park Apartments is situated in a market which is experiencing a surge of value-add investments, largely due to limited new supply and continued population growth.

Market Rate

Greystar Sells South Florida Portfolio

The four-property portfolio includes 1,616 units and approximately 16.6 million rentable square feet. Greystar acquired the it for roughly $240 million, according to Yardi Matrix.

Slideshow

Miami Luxury Development Receives $58M Loan

Estate Investment Group secured the construction financing through Florida Community Bank. The community dubbed Soleste Twelve2 is slated for delivery in mid-2019.

Slideshow

Regions

Change City

Waypoint Buys NC Apartments

The company acquired the 214-unit Capital Creek at Heritage, located in Raleigh's submarket Wake Forest, from TWO Capital Partners for $36.4 million.
Raleigh Durham 19 April 2018 16:13
TMG Arranges Sale of CA Community

United Development Group traded Casa Del Sol Apartments, a 205-unit community in Bakersfield, to a San Fernando Valley-based private investor.
Los Angeles 19 April 2018 14:58
Prism Picks Up KC Community

The property consists of 54 three-bedroom townhome units, each containing an attached garage and more than 1,500 square feet of living space.
Kansas City 18 April 2018 17:24
JLL Brokers Sale of San Antonio Community

Achieve Investment Group's Villa de Oro is located in the southwestern part of the city and includes 150 units, a clubhouse, a playground and a spa.
San Antonio 18 April 2018 15:03
Tandem Partners, Rambaud Holdings Plan New Chicago Community

Marcus & Millichap brokered the $11.4 million sale of the mixed-use building and site in the River West neighborhood where the apartment tower will be constructed.
Chicago 18 April 2018 14:56
JV Buys 176-Unit Raleigh-Area Senior Community

Cushman & Wakefield brokered the sale of Woodland Terrace in Cary, N.C., comprising 104 independent living, 36 assisted living and 36 memory care units.
Raleigh Durham 17 April 2018 17:13
AIMCO Extends Philly Footprint With $445M Portfolio Buy

The company acquired six communities in the metro with a total of 1,116 units from Dranoff Properties. The deal is expected to close in the second quarter of this year, except for the purchase of one property that is expected to close in the first half of 2019.
Philadelphia 17 April 2018 16:58