Deals
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.
The Preiss Co. Acquires Alabama Student Housing Property
The owner has rebranded the community and plans to implement several upgrades.
Bell Partners Acquires Multifamily Duo in Greater Boston
The new owner plans to merge the two assets into a 420-unit community called Bell Westford.
Western Wealth Capital Pays $54M for Phoenix Asset
Tides Equities sold the 316-unit, 18-building community north of downtown, after purchasing it in 2019.
CBRE Brokers $63M Suburban Phoenix Sale
Tyler Anderson, Sean Cunningham, Asher Gunter, Matt Pesch and Mark McFate assisted the seller of the 240-unit property.
Trion Properties Pays $18M for Sacramento Community
Walker and Dunlop acted as equity partner, while Capital One originated a Freddie Mac acquisition loan of $14.2 million.
Washington, DC-Area Community Changes Hands for $84M
The 388-unit Fairmont Garden Apartments in Annandale, Va., will undergo a capital improvement plan.
Security Properties, Rockwood Acquire 938-Unit Portfolio
The partnership purchased three assets in Oregon and Colorado.
Cymbal Development Scores $60M Loan for Florida Project
Aztec Group arranged the construction financing for Oasis Pointe, a waterfront community in Dania Beach, Fla.