Deals
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.
Pretium, Ares Management Forge $2.4B SFR Deal
The acquisition of Front Yard Residential Corp. will boost Pretium’s single-family rental portfolio to more than 55,000 homes.
Berkadia Facilitates $35M Phoenix Sale
Ric Holway, Mark Forrester and Dan Cheyne represented the seller of the 138-unit property completed in 2018.
Hamilton Zanze Sells Suburban Dallas Community
Public records show that Berkadia arranged a Freddie Mac acquisition loan on behalf on the buyer, Bridge Partners.
Belveron Partners Acquires 194-Property Portfolio
The controlling interest in Conifer Realty gives the investment firm ownership of more than 15,000 affordable housing units in New York and New Jersey.