Deals
Raleigh-Durham Multifamily Wrap-Up – August 2020
Luxury apartments trade for $65 million. Cortland JV buys 205-unit community. Here’s our August selection of Raleigh-Durham must-knows.
Mountain View Capital Expands Colorado Portfolio
JLL arranged the sale of Volta at Voyager and led the $37.6 million financing on behalf of the buyer.
Chandler Residential Pays $80M for Atlanta Community
The purchase of the 500-unit property marks the firm’s third acquisition in the metro over the last 18 months.
Trion Properties JV Buys Denver Asset for $38M
The new owners financed the acquisition of The View at North Peak with a $27.4 million Fannie Mae loan.
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.