Deals
CapitaLand Forms $300M US Apartment Venture
The Singaporean property giant has teamed up with an Austin, Texas-based firm to acquire and develop multifamily assets in the Southeast and Southwest.
Group P6 Lands $69M Loan for Florida Luxury Condos
Meridian Capital Group arranged the financing for construction of the 48-unit Royal Palm Residences in Boca Raton, Fla.
Essex Realty Arranges 2 Sales in Chicago’s Lincoln Park
The brokerage worked on behalf of all parties in the sales totaling $14.4 million.
Blackstone Pays $100M for Orlando Luxury Property
The 428-unit Class A community traded for the first time in more than a decade.
Marcus & Millichap Brokers $64M Orange County Sale
Tyler Leeson and Matthew Kipp negotiated on behalf of the buyer, Advanced Real Estate Services.
Blackstone Buys Upscale Jacksonville Community for $90M
The asset previously traded for nearly $55 million, when Canyon Capital Realty Advisors sold the 444-unit property in 2011.
Walker & Dunlop Closes $32M New York Sale
Managing Directors Thomas Walsh and Joseph Garibaldi facilitated the disposition of the 100-unit, transit-oriented luxury community in Port Chester.
Greystar Buys Suburban Nashville Apartments for $127M
Newmark provided the buyer with an $83.3 million Fannie Mae loan for the 598-unit purchase.
Capstone Arranges Nashville-Area Portfolio Sale
Alex McDermott, Adam Klenk, Tyler Mayo and Jonathan Hawks spearheaded the sale of the renovated garden-style properties.
The RADCO Cos. Sells Tampa Asset for $47M
The new owner assumed the outstanding balance of a $28.6 million CMBS loan originated in 2018.