Deals
Luxury New Jersey Community Trades in $84M Deal
Former owner J.P. Morgan Asset Management purchased the 200-unit asset in 2003 from its developer, in a $42 million deal.
NorthMarq Brokers Sale of South Texas MH, RV Community
The 270-site Circle T RV and Manufactured Housing Park traded for the first time in more than two decades.
Randolph Street Realty Capital Pays $25M for Chicago-Area Condos
Lawton Realty Group sold 185 apartments at Ashton Condominiums, a 240-unit community in Arlington Heights.
GSA Acquires 8,000-Bed US Student Housing Portfolio
The global giant picked up 27 properties from a joint venture of University Communities LLC and the California State Teachers Retirement Fund.
Velocis Makes 2nd Multifamily Acquisition
The company acquired a 240-unit community in Austin, Texas from Stratus Properties.
Houston-Area Self Storage Property Changes Hands
The buyer received a seven-year, $7.9 million acquisition loan from Texas Bank.
MG Properties Pays $145M for Phoenix Community
The 576-unit apartment building last changed hands three years ago for $85 million.
Pretium, Ares Close $2.5B Acquisition of Front Yard Residential
The deal makes Pretium the second-largest owner and operator of single-family rentals in the U.S. and is the SFR industry’s first public-to-private transaction.
Aegis Living, Blue Moon Acquire $350M in Senior Housing
The firms predict a resurgence in demand for assisted living and memory care facilities after the sharp occupancy declines of last year.
Pacifica Cos. Pays $27M for Las Vegas Community
The firm acquired the 195-unit rental component of a 360-unit condominium property in Henderson.