Deals
Starwood REIT Buys $645M of Affordable Housing
The trust managed by Starwood REIT Advisors has acquired two portfolios totaling 4,618 units in the Mid-Atlantic and Sunbelt regions.
Thayer Manca Buys Second Tucson Community for $66M
The company plans to invest $4.9 million to rebrand and upgrade the 424-unit property, which was completed in 1985.
Watermark Residential Sells Kansas City Asset for $60M
The affiliate of Thompson Thrift completed the 276-unit luxury community in Northland last year.
StoneRiver Sells Tennessee Property for $47M
An Atlanta-based multifamily firm picked up the 240-unit community, located in the Knoxville metro area.
Kennedy Wilson Buys Portfolio for $198M
The purchase includes three garden-style properties in Colorado and Arizona totaling 880 units.
Newmark Brokers $32M Sale of Boulder Property
Henley & Remy recently underwent complete renovations to 65 of its units and common-area amenities.
Cushman & Wakefield Arranges $33M Durham Sale
Watson Bryant, Paul Marley and Hunter Bowling facilitated the disposition of the 400-unit community on the city’s northern side.
Suburban Seattle Apartments Fetch $66M
Seller Main Street Property Group delivered the 139-unit luxury asset in August last year.
Pierce Education Adds 2,700 Beds to Student Housing Portfolio
Comprising three properties in East Lansing, Mich., Chandler Crossing is valued at more than $100 million.
StoneBridge Buys Raleigh Community
The Columns at Wakefield features 324 units and will undergo an extensive renovation by the new owner.