Deals
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.
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.