Deals

Las Vegas Multifamily Wrap-Up – September 2020

Berkadia closes $32 million deal. Schulman delivers upscale community. Here’s our September selection of Las Vegas must-reads.

Equus Capital Buys North Dallas Apartments

The buyer financed the acquisition of the 245-unit community through a $30.7 million Freddie Mac loan.

Pine Brook

Central Valley Community Sells For $22M

Arbor Realty Trust originated a $16.4 million Fannie Mae loan to finance the acquisition.

CBRE Brokers $44M Tampa Multifamily Sale

Francesco Carriera and Michael Regan assisted the seller and Eric Fixler financially advised the buyer of the 369-unit community.

Oakmont Properties Buys Sacramento Asset for $118M

CBRE brokered the sale of the 277-unit Press at Midtown Quarter, marking one of the city’s largest-ever apartment deals.

Trailbreak Partners Acquires Colorado Community

The firm purchased Confluence at Three Springs, a 171-unit property in Durango.

PGIM Real Estate Closes $460M Senior Housing Loan

The financing covers a portfolio deal of more than 1,500 units, including three properties in Seattle.

Yard 8. Image via Google Street View

Transactions: October 2020

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

Image from Pixabay: https://pixabay.com/photos/architecture-family-house-front-yard-1836070/

Nuveen Enters Single-Family Rental Market

The global asset management firm will invest up to $400 million in the new Sparrow platform, which will acquire homes across the Sun Belt.

Jacksonville Community Trades in Value-Add Play

Creative Realty Partners sold the 216-unit suburban property after three years of ownership.