Deals

Lincoln Avenue Enters Baltimore Market

The buyer financed the roughly $14 million purchase of the 321-unit fully affordable community with a $14 million acquisition and development loan.

Affordable

Trez Forman Provides $49M Loan for South Florida Project

The 15-story, 247-unit luxury multifamily property in Hollywood, Fla., is moving forward under new ownership after it was stalled for several years.

Luxury

CBRE Facilitates $47M Transaction in Denver

David Potarf, Dan Woodward, Matthew Barnett and Jake Young represented seller FPA Multifamily. Velo Apartment Homes encompasses 240 units across 10 mid-rise buildings.

Market Rate

Regions

Change City

Lincoln Avenue Expands Orlando Footprint

The firm paid more than $6 million for the 121-unit fully affordable multifamily asset, with SunTrust Bank providing acquisition financing.
Orlando 13 December 2018 14:44
Orlando Luxury Asset Commands $65M

Redwood Capital Group acquired the recently opened 289-unit property from LeCesse Development, assuming the remaining balance of the developer’s construction loan.
Orlando 13 December 2018 14:29
Sacramento-Area Community Changes Hands

MJD Capital Partners paid more than $8 million for the 66-unit, Class C multifamily asset, situated 10 miles northeast of the city’s downtown.
Sacramento 13 December 2018 13:07
Greystar Acquires Atlanta Community for $60M

Balfour Beatty earned a 30 percent return on the 437-unit multifamily asset, which it purchased from Resource Real Estate in 2016.
Atlanta 13 December 2018 12:47
JLL Arranges Sale of San Antonio Community

The 164-unit Whispering Hills is located in the northeast section of the city. The transaction involved a $12.8 million load originated by Ready Capital.
San Antonio 12 December 2018 17:35
Audubon JV Acquires Atlanta Apartments

The 250-unit Class B community fetched a $25 million price tag, with Walker & Dunlop securing acquisition financing for the buyer.
Atlanta 12 December 2018 17:22
Nashville Community Sells for $80M

Crescent Communities sold the newly built 275-unit multifamily asset to Dinerstein Cos., with the property’s 2.1 acres of land selling to iStar.
Nashville Knoxville 12 December 2018 16:37