Deals
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.
YMP Buys Louisville Community for $71M
The 690-unit garden-style property in the Fern Creek neighborhood last changed hands for nearly $53 million in 2017.
Edgewater Group Sells 150 Units in El Paso
The fully affordable Mission Valley community last traded 16 years ago.
The Top Multifamily Stories of 2020
The apartment industry faced new challenges and demonstrated its strengths in a year of unparalleled turbulence.
Marcus & Millichap Arranges Chicago Apartment Sale
Kyle Stengle and Steve Rachman assisted the seller and procured the buyer of a 31-unit community in Lincoln Park.
GMF Capital Buys Tampa Community for $58M
Built in 2017, the 240-unit apartment building is located in the historic Ybor City neighborhood.
Public-Private Partnership Creates Los Angeles-Area Affordable Housing
The partnership, led by Standard Communities, transitioned a 150-unit community from market-rate to workforce housing.
Berkadia Brokers $60M Phoenix Multifamily Sale
Ric Holway, Mark Forrester and Dan Cheyne closed the deal, while Clay Akiwenzie secured $42 million in acquisition financing.
Preferred Apartment Communities Makes $62M Orlando-Area Buy
A joint venture sold the recently completed, 281-unit luxury property.