Deals
Pathfinder Pays $18M for Suburban Denver Community
Sold by Security Properties, the 56-unit apartment asset in Castle Rock, Colo., was delivered in 2017.
Foulger-Pratt Secures $45M Loan for Washington, DC-Area Community
Berkadia provided the financing for the purchase of the 210-unit Heritage at Silver Spring in Maryland.
Wood Partners Sells San Diego Community
Walker & Dunlop represented the seller in its disposition of the 110-unit Valentina by Alta.
Inland Real Estate Buys Beachfront Asset in New York
Located on the Long Island’s South Shore, 10 West Apartments in Long Beach, N.Y., last underwent renovations in 2016.
Pegasus Grows Texas Footprint
The firm made its fourth purchase in the state with the acquisition of the 411-unit Collection at Overlook in San Antonio.
Cortland Acquires Phoenix Community for $117M
StreetLights Residential and Nexpoint Advisors sold the 253-unit asset, with CBRE representing the seller.
Bridge Investment Sells Phoenix Apartments for $118M
The new owner received a 10-year, $79.3 million Freddie Mac acquisition loan from Prudential Financial.
MAG Partners Secures $173M Construction Loan for Manhattan Property
The financing was provided by Madison Realty Capital and will fund the development of a 480-unit mixed-income project.
Rockpoint, Resicap Launch $250M SFR Venture
The firms plan to purchase and renovate between 4,500 and 5,000 single-family rental homes across the Southeast.
DM Development Completes $120M Condo Project
Union House, a $120 million community in San Francisco, is now 30 percent sold and has welcomed its first move-ins.