Deals
OZ Impact Funds Spends $100M on MHC Portfolio
The deal comprises 21 communities located in Wisconsin, Nebraska, Illinois, Indiana and Kentucky.
Kiser Group Arranges Suburban Chicago Sale
Matt Halper, Danny Mantis and Lee Kiser represented both parties in the 80-unit transaction in Lockport, Ill.
Foundry Commercial JV Buys Kansas City Senior Community
Built in 2015, the community offers 120 assisted living and memory care units across 100,000 square feet.
Amazon Unveils $2B Affordable Housing Fund
The e-commerce giant joins Facebook, Google and Microsoft in pledging big dollars to apartments for moderate- and low-income renters.
Hudson Capital Sells North Carolina Communities for $74M
The two properties were sold to separate buyers and encompass a total of 571 units.
Related Acquires Manhattan Affordable Housing for $424M
The Section 8 community and its 490 units in Manhattan’s Lower East Side are fully leased.
Colliers Closes $29M Colorado Sale
Bill Morkes and Craig Stack represented the seller and procured the buyer of the 192-unit asset.
Bell Partners Sells Denver-Area Community for $154M
The 500-unit property underwent more than $13 million in upgrades in recent years.
Prime Residential Buys Portland Community for $81M
BPM Real Estate Group sold the 261-unit property west of downtown in a transaction brokered by Institutional Property Advisors.
FCP Acquires Atlanta Asset for $30M
The community’s new owner assumed an existing $16.5 million Fannie Mae loan.