Deals
Starwood Sells Miami-Area Community for $64M
Praedium Group purchased the Class B community in Plantation, Fla., with Berkadia originating a Fannie Mae loan.
InSite Property Group Acquires Tampa-Area Storage
Lockhart Storage Center was completed in Spring 2020, following a $6.8 million construction loan originated by Bank OZK.
Heritage Equity Partners Secures Loan for Brooklyn Project
Madison Realty Capital provided the $53 million financing for construction of the 150-unit development in the South Park Slope neighborhood.
Investors Capital Group Pays $48M for Phoenix Asset
Berkadia provided a $31.4 million Freddie Mac loan to the buyer of the 196-unit property in Gilbert, Ariz.
EB Real Estate Buys South Dallas Community
Berkadia provided a 10-year, $17.3 million Freddie Mac loan for the 270-unit acquisition.
Champion Sells Suburban Nashville Community for $24M
The new owner received a 10-year, $14.3 million acquisition loan from Nationwide Life Insurance Co.
Pair of Oklahoma Manufactured Housing Communities Changes Hands
In separate transactions, two California-based investors acquired Big Bass Park in Checotah and Rolling Acres in Oklahoma City.
BH Equities Sells Tampa Community for $58M
The new owner landed a 15-year $40.6 million Fannie Mae acquisition loan.
Nuveen Buys Orlando Asset for $45M
The 196-unit Lake Vue changed hands for the first time since it was completed in 2016.
Cushman & Wakefield Closes $19M Sale of 2 Florida Communities
Mike Donaldson and Nick Meoli represented the sellers, and Denny St. Romain, Charles Crapse and Alex Kupp worked on behalf of the buyer.