Deals - Midwest
Cities
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The Connor Group Refinances OH Property in $54M Deal
The Estates at New Albany encompasses 428 units across 42 buildings.
16 November 2018 19:02 -
CBRE Arranges $73M Sale of Denver-Area Luxury Community
The Meadows is a garden-style rental property consisting of 24 two-story buildings spread across 14 acres in Castle Rock.
16 November 2018 18:55 -
Affordable Community Changes Hands in Columbus
The sale of Winchester Lakes involved two loans, one in the amount of $17.7 million and other loan of $3.5 million.
16 November 2018 17:17 -
Cleveland’s Crystal Tower Changes Ownership
K&D sold the 268-unit building to Odin Properties in a $6.6 million deal. The purchase involved a $5.8 million loan held by Firstrust Bank.
16 November 2018 15:30 -
Cornerstone Managed Properties Buys Cleveland-Area Community
The $4 million sale of the 144-unit, fully occupied community was subject to a $4.8 million acquisition and development loan.
14 November 2018 15:58 -
Tikijian Associates Arranges $122M Indianapolis Portfolio Sale
The seller acquired Westlake, Woods Edge, Wind Drift, Villa Nova and Riverwood back in 2009 in a portfolio sale. The buyer plans to renovate and rename the properties.
13 November 2018 13:02 -
Lexington Corp. Sells St. Louis-Area Community
The buyer, Siesta Coast Capital, paid $4.3 million for the 120-unit multifamily asset. The property last changed hands in mid-2008 for $4.5 million.
07 November 2018 16:43 -
Chicago Luxury Tower Lands $215M Refi
Perkins Coie represented the borrower, Optima Inc., in arranging a loan to refinance construction debt on the 57-story Optima Signature high-rise.
06 November 2018 16:18 -
Oklahoma Apartments Change Hands
The transaction marks Timberland Partners’ third acquisition in the state, bringing the company’s national portfolio to more than 13,800 units.
06 November 2018 16:05 -
Emma Capital Buys Atlanta Property for $36M
The Toronto-based company has expanded its presence in the U.S. with the acquisition of a 392-unit community located in the Northlake suburb.
02 November 2018 16:10 -
Sundance Bay JV Buys St. Louis-Area Community
Shore to Shore Properties was the seller of the 318-unit Class C multifamily asset. The buyer financed the purchase with a $13 million loan from Grandbridge Real Estate Capital.
01 November 2018 18:07 -
OH Portfolio with 456 Units Changes Hands
The transaction includes three communities located within the Westland submarket of Columbus. All properties have a 90 percent or above occupancy rate.
29 October 2018 17:22 -
IMT Capital Nabs Nashville-Area Community
Bell Partners, which acquired the asset in 2013, traded the 214-unit property for more than $50 million. CBRE Capital Markets provided the buyer with acquisition financing.
29 October 2018 17:20 -
Preferred Apartment Communities Sells Nashville Asset
A joint venture between Security Properties and Reinsurance Group of America picked up the suburban 364-unit community for $55 million.
29 October 2018 15:05 -
Chicago-Area Community Trades for $131M
FPA Multifamily picked up the 758-unit asset, financing the acquisition with a 12-year, $95 million Fannie Mae mortgage originated by Berkadia.
29 October 2018 14:58