Deals
Ascott Residence Trust Enters US Market With $95M Student Housing Purchase
The entity’s acquisition of a 525-bed community in Atlanta is expected to be completed by the end of the first quarter.
Sunroad Enterprises Sells Phoenix Community for $47M
FirstBank provided a $30.7 million loan for the acquisition of the 163-unit property in Peoria.
Investcorp Picks Up $330M Multifamily Portfolio
The 1,854-unit portfolio is spread across five properties in Georgia, Maryland and Florida.
JPI Secures Financing for SoCal Development
The project in Placentia, Calif., will feature 418 luxury apartments and more than 8,200 square feet of retail space.
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.