Deals
Avanath Enters Orange County With $20M Senior Housing Buy
A $12.5 million Fannie Mae loan backed the sale of the 85-unit fully affordable property.
Industry Execs Launch SFR Company
Jay Jacobson and Jay Massirman of EDEN Multifamily, along with Sergio Socolsky of America’s Capital Partners have formed EDEN Living, a horizontal apartment development firm.
Portland Self Storage Sells for $20M
The 2018-built facility comprises 1,089 units totaling 87,597 square feet.
Eller Capital Returns to Charlotte With $22M Buy
PGIM Real Estate sold the 140-unit community after picking it up in 2007.
Nexus Commercial Realty, Capstone Cos. Merge
By joining forces, Capstone expands its western U.S. presence and Nexus gains a larger national platform.
Self Storage Facility Planned at Washington DC Mall
Developed by Poverni Sheikh Group, the 90,000-square-foot property is scheduled for completion in the first quarter of 2022.
Gelt Expands Denver-Area Portfolio
The company acquired the 352-unit property in Northglenn, Colo., for $100.5 million.
DWS Makes $77M UK Student Housing Investment
Cushman & Wakefield advised the buyer in its purchase of a 357-bed community in Bristol, England.
JV Pays $47M for North Phoenix Apartments
A partnership between RedHill Realty Investors and Shelter Asset Management secured a $28 million Fannie Mae loan for the purchase.
TruAmerica Pays $61M for Tampa Bay Property
The buyer backed the purchase of the 21-building community with a $40.1 million loan.