Deals

Transactions: November 2020

A short list of recent major investment sales and financings from coast to coast.

Kidder Mathews Brokers $12M Seattle-Area Sale

Brandon Lawler, Dylan Simon and Jerrid Anderson closed the disposition of the 63-unit Tacoma community.

Timberland Partners Pays $39M for Minnesota Apartments

The sale of the 205-unit community is the largest real estate transaction to close in Rochester this year.

Hampshire Properties Buys Jacksonville Community for $64M

This deal marks one of the largest value-add transactions in 2020 for the Jacksonville MSA.

DB Capital Management Enters Denver Market

Newmark facilitated a $10.5 million loan for the acquisition of the 46-unit community that is set to be renovated and rebranded.

Standard Cos. Pays $31M for Affordable Pasadena Community

The transaction preserves affordability for all 61 units for the next 55 years.

Charlotte Multifamily Wrap-Up – October 2020

Charlotte-area properties trade in $323 million deal. Peak Capital Partners makes $181.5 million investment. Read our October selection of Charlotte must-knows.

Tampa Multifamily Wrap-Up – October 2020

Clearwater asset sells in $100.5 million portfolio deal. Residential Management lands $61 million refi. Read our October selection of Tampa must-reads.

Venterra Buys Georgia Community for $75M

The company is expanding its footprint with the purchase of The Maddox Apartments, a garden-style property in Duluth.

Pinewood at National Hills. Image courtesy of MLG Capital

MLG Capital JV Closes Georgia Value-Add Play

The partnership acquired Pinewood at National Hills in Augusta in an off-market deal.