Deals

RADCO Expands GA Footprint With 38th Acquisition

The Atlanta-based developer acquired Ashford 6860, a 260-unit property in Norcross. The $22 million deal marks the company’s eighth purchase in the Gwinnett County submarket.

Slideshow

CBRE Closes Inland Empire Sale

Evart Street Apartments in Montclair, Calif., changed hands for $8.9 million, one of the highest per-square-foot prices for a multifamily property in the area, according to the brokers.

Market Rate

Phillips Realty Arranges $31M Financing for PA Development

The company worked on behalf of Woodfield Investments, the developer of the 320-unit Woodfield at Valley Forge in suburban Philadelphia. Adam Bieber, managing director at Phillips Realty Capital, structured the loan.

Luxury

Regions

Change City

RADCO Picks Up 7th SC Asset for $23M

RADCO plans to invest $3 million to renovate Radius at West Ashley, a 198-unit Charleston asset previously owned by Raia Properties.
South 17 August 2017 15:52
Greystone Scores $36M for DE Deal

The company worked with Fannie Mae and New York Mortgage Trust Inc. to secure financing for Concordia Properties, which purchased Autumn Park, a 360-unit community.
Philadelphia 17 August 2017 14:52
CBRE Brokers Sale of $56M Portland Community

The company represented the seller in the $56 million transaction of a 50-building community, Witham Hill Oaks Apartments, which was built in three phases, between 1968 and 1998.
Portland 16 August 2017 20:46
Cush & Wake Secures $22M NC Community Sale

PRG Real Estate sold the 15 two-story buildings to Dasmen Residential. The community last traded in 2012, when PRG Real Estate purchased it for $13.6 million.
South 16 August 2017 17:39
Passco Trades Remaining Interest in KS Property for $48M

The company sold The Village at Lionsgate, a 360-unit community in the Kansas City MSA. Mac Crowther, vice chairman at ARA Newmark’s Kansas City office, represented both parties in this transaction.
Kansas City 16 August 2017 17:31
Cush & Wake Closes Sonoma County Residential Development Sale

Blackpoint Management nabbed a fully entitled site approved for 90 units in Rohnert Park, Calif. Cushman & Wakefield advised Aldridge Development on the $3.6 million sale.
San Francisco 16 August 2017 15:30
Taurus Snags $34M Raleigh Community

Acquired from Chaucer Creek Capital, the 23-year-old property in the city's Northwest submarket is slated for a major makeover.
South 15 August 2017 18:29