Deals
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.
TruAmerica Multifamily Enters Texas Market
The company paid $63.5 million for a Class B community in Irving, Texas.
Audubon Acquires Charleston Community for $66M
The Crotts Group sold the 23-building suburban community, with Cushman & Wakefield representing the firm.
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.