Deals
Fairstead Buys Florida Affordable Asset for $60M
The new owner’s total investment in the Naples, Fla., senior property amounts to $85 million.
JLL Arranges $173M in Multifamily Financing
The 14 Fannie Mae loans will be used for acquisitions and refinancings for properties in Idaho, Georgia, Oregon and California.
ZOM Living Unveils Plans for New Dallas Community
The firm purchased a parcel for a 398-unit project dubbed Hazel by the Galleria.
Bellwether Arranges $7M Refi for Austin Manufactured Housing Community
Located roughly 36 miles north of the metro, Country Glen comprises 121 home pads.
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.