Deals
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.
Meridian, Barings Partner in New Lending Platform
Led by former Freddie Mac CEO David Brickman, the platform will operate as a stand-alone business under its own name and branding.
PSP Investments, Pretium Form $700M SFR Venture
The Canadian pension giant will invest in single-family rental homes in the Southeast and Southwest through the new JV.
JEM Holdings, VCP to Form Fortis Property Management
The new company will manage more than 50 communities totaling around 13,000 units in nine states.
Twin Cities Senior Community Trades in $19M Deal
The newly constructed 66-unit property north of downtown Minneapolis caters to residents 55 and over.
Lloyd Jones Buys Orlando Community for $65M
The seller, Bluerock Real Estate, acquired the Class B property for $43.3 million in 2014.