Deals
Bridge Investment Pays $101M for Florida Portfolio
The acquisition includes a 208-unit community in St. Petersburg and a 390-unit property in Tampa.
Fairfield Residential Buys 244-Unit Tempe Asset
Completed last year, Jefferson Town Lake is one of only five communities to offer unobstructed views throughout the property of the Tempe Town Lake.
Southwood Realty Buys 4 Properties for $146M
The portfolio spans 1,120 apartment units across South Carolina, where investor demand is holding up well in markets that are attracting new residents from elsewhere.
RADCO Cos. Sells Atlanta Community
During the firm’s six years of ownership, Ashford 2788 underwent a full capital improvement program.
Interra Realty Arranges Chicago Deconversion Sale
Pat Kennelly, Paul Waterloo, David Goss and Jon Morgan assisted both parties in the 91-unit, $17 million deal in Evanston.
Namdar Refinances New Jersey Development
The bridge loan for the luxury property was provided by Lightstone Capital and arranged by Greystone Capital Advisors.
Round Hill Capital JV Acquires Netherlands Portfolio
The properties are located in Arnhem, Apeldoom, Amersfoort and Deventer, totaling 821 units.
Fairstead Makes Boca Raton Senior Housing Purchase
The buyer plans to invest $6 million in fully rehabilitating the 101-unit property.
Watercrest Senior Living Breaks Ground on Myrtle Beach Development
Watercrest Myrtle Beach Assisted Living and Memory Care will feature 98 units and first move-ins are expected late next year.
EJF Capital Expands Opportunity Zone Portfolio
Teaming up with Holland Partner Group, the company will develop a mixed-use project in Vancouver, Wash.