Deals
UMH Properties Expands to South Carolina
The REIT paid $3.4 million for Iris Winds, a manufactured housing community in Sumter.
National Storage Affiliates Buys Three-State Self Storage Portfolio
The 14 properties are located in Texas, Minnesota and Missouri and total 8,517 units.
Central Texas MHC, RV Portfolio Lands $17M Refi
A JLL team arranged the 10-year Fannie Mae financing for Lewis Investments.
CAPREIT Acquires Virginia Portfolio for $167M
The four properties span more than 1,000 units in the Richmond-Hampton Roads market.
Eight Bay Advisors Lands $145M Financing for Utah Communities
Walker & Dunlop arranged the three HUD loans for properties in West Jordan, Orem and Salt Lake City.
Marcus & Millichap Closes $6M Manufactured Housing Sale
An entity connected to The BoaVida Group acquired the 127-site Vista Estates in Storm Lake, Iowa.
Claridge Properties Acquires 291-Unit Houston Community
The buyer assumed the existing HUD loan of $9.6 million, originated by Prudential Financial in 2007.
LOCAL Ventures Secures JV Equity, Construction Loan for Boise Project
A Cushman & Wakefield team arranged the package for the construction of a 252-unit downtown community.
DWS Pays $279M for Suburban Seattle Luxury Apartments
The sale of the Bellevue property is the metro’s biggest multifamily deal since last summer.
North Phoenix Community Trades for $24M
The new owner, Rise48 Equity, secured a non-recourse, variable interest rate loan which matures in 2031.