Deals
Portland-Area Apartments Sell for $48M
RISE Properties Trust acquired the 178-unit community in the metro’s western suburbs on the heels of several deals in the region earlier this year.
Cypress Real Estate Advisors JV Lands $67M Loan for Denver Development
Pacific Western Bank provided the construction financing for The Cameron, a 361-unit luxury project.
Newcomer Willowood Group Boosts Dallas Portfolio
Founded in late 2019, the multifamily investment firm has acquired some 650 units in the city so far.
Benedict Canyon Sells Phoenix-Area Property for $15M
NorthMarq provided Freddie Mac financing for the acquisition of the 116-unit Glendale community.
Sovereign Properties Lands $49M Refi for Texas Apartments
Asia Capital Real Estate provided the loan for the 306-unit Millennium at Hometown in North Richland Hills.
Bell Partners to Manage 8 More Communities
The company will operate Signature Property Group’s existing apartments in North Carolina along with its future developments.
Berkadia Closes $35M Loan for Alabama Buy
Charles Foschini and Chris Apone secured the financing for the buyer of the 431-unit property in Huntsville.
Bluestone Properties Buys Austin Apartments
The purchase of The Ethos reflects the firm’s strategy of pursuing stabilized, high-quality assets in high-growth secondary markets.
JV Buys Phoenix-Area Community for $77M
FCP and Tides Equities purchased the 515-unit property a few miles from downtown Tempe.
Arizona Student Housing Community Changes Ownership
The buyers, Pebb Student Living and Coastal Ridge Real Estate, will rebrand and improve the 456-bed property.