Deals

PCCP, Insight Property Acquire $132M VA Community

Oakwood Falls Church comprises 576 units across four buildings and offers residents access to a 15,000-square-foot clubhouse, an on-site convenience store and a hot tub.

Market Rate

Greystone Closes $750M Debt Fund

The eight-year fund invests in debt financing across a range of real estate properties and anticipates an investment capacity of more than $2.5 billion for loan products such as bridge and mezzanine financing.

Finance & Investment

OC Value-Add Community Changes Hands

Sleepy Hollow Apartments is a 25-unit infill property located in Anaheim Hills, Calif. The Bascom Group purchased the asset for $7.5 million.

Market Rate

Regions

Change City

Combined Properties Snags VA Asset for $41M

Reston Glade includes 200 units and has a 96 percent occupancy rate.
Washington Dc 20 June 2018 15:48
Wilshire Unlimited Enters Vegas Market With $21M Buy

The company will apply a value-add strategy to the community, which is in need of upgrades and currently has 16 units down due to deferred maintenance.
Las Vegas 20 June 2018 13:45
Tampa Community Changes Hands for $97M

Brokers from Berkadia’s Tampa, Orlando and Jacksonville offices worked together in finding a buyer for The Cove Apartment Homes, a 689-unit garden-style property.
Tampa 20 June 2018 13:08
Class A Senior Community Changes Hands in Tampa

Kayne Anderson Capital Advisors acquired The Watermark at Trinity, a 97-unit assisted living and memory care facility, for $13.8 million.
Tampa 20 June 2018 12:54
Aeon Acquires MN Affordable Community

The purchase of the 118 apartment homes in Little Canada was a joint venture which also included the NOAH Impact Fund of Greater Minnesota Housing Fund.
Minneapolis St Paul 19 June 2018 18:15
NexMetro Sells First Phoenix-Area Community

Avilla Palm is a hybrid development, with the physical separation and private backyards of single-family homes and the centralized management of multifamily assets.
Phoenix 19 June 2018 16:38
Blaze, True North Acquire Charlotte Property

The 210-unit Galleria Village Apartments marks the partners' second purchase in the Charlotte area. The community offers access to a swimming pool, a car-care center and a clubhouse.
Charlotte 19 June 2018 15:38