Deals
Colorado Asset Changes Ownership in $47M Deal
Lynd Acquisitions Group purchased a 288-unit community in Colorado Springs, which has seen increased in-migration during the pandemic.
Waypoint Sells Louisville Property for $54M
JLL Capital Markets arranged $41 million in acquisition financing for the new owner.
Multifamily REIT Sells 2,600-Unit Southern Portfolio
BSR sold the 11-property package to a Dallas-based commercial real estate firm.
Phoenix-Area Asset Trades for $43M
The Milestone Group financed the acquisition of The Pavilions at Arrowhead through Freddie Mac loan.
S2 Capital Buys Charlotte Community for $19M
The new ownership’s $3 million rebranding plan will include interior and exterior upgrades of the 176-unit community.
Equity Residential Reaps $313M for San Diego Sale
This marks the city’s largest multifamily transaction in 2020.
Bridge Pays $90M for Tucson Communities
Institutional Property Advisors represented seller Bascom Arizona Ventures in the portfolio deal.
Davlyn Investments Pays $95M for Sacramento-Area Property
The 273-unit Class A community last traded almost a decade ago, when it commanded $40.5 million.
Capstone Brokers $25M South Carolina Sale
Alex McDermott, Austin Green and Caleb Troop represented the seller of a 208-unit property outside of Spartanburg, S.C.
What the $900B Relief Package Holds for Multifamily
The bipartisan measures include an extension of the federal eviction moratorium, as well as $25 billion in rent relief.