Deals
Redwood JV Lands Financing for Miami-Area Townhome Project
City National Bank of Florida provided the construction loan for a 112-unit affordable development in Opa-locka, Fla.
CIM Group Acquires Washington, DC-Area Towers for $506M
The blockbuster deal includes 2,346 units across five buildings in Alexandria, Va.
29th Street Capital Expands Houston Portfolio
The firm purchased a 350-unit community in the Katy suburb, marking its 11th acquisition in the metro.
Miami Beach Senior Housing to Undergo $78M Rehab
The renovations at Council Towers Senior Apartment Homes are being funded in part by a $30 million loan provided by Greystone.
AIMCO Acquires Miami Apartment Tower
Marcus & Millichap represented both parties in the portfolio deal that also included a nearby 4-unit property and a vacant lot.
Tampa-Area Community Changes Hands for $31M
In 2016, the 232-unit garden-style property underwent a $3.2 million capital improvement plan.
Kidder Mathews Arranges $45M Seattle-Area Sale
Dylan Simon, Jerrid Anderson and Matt Laird assisted the seller in the disposition of the 216-unit community in Kent, Wash.
Equity Residential Pays $49M for Seattle Asset
Goodman Real completed the 158-unit property earlier this year, with construction financing from U.S. Bank.
Upscale Brooklyn Community Sells for $45M
The seller, American Realty Advisors, acquired the 62-unit Williamsburg asset for $56 million in 2012.
Beacon Builds Atlanta Portfolio with $53M Purchase
The firm has made about $100 million in investments in the region, most recently acquiring a 266-unit community in Gainesville, Ga.