Deals
Jacksonville, Orlando Communities Trade for $72M
JLL provided more than $52 million in Freddie Mac acquisition financing for the 544-unit portfolio.
Clear Blue Co. Buys 6-Asset Portfolio
Capstone Apartment Partners arranged the sale of the 1,185 units in Kentucky and Indiana.
JVM Realty Acquires St. Louis Community
The purchase of Ceylon Apartments marks the firm’s first in the metro and expands its Midwestern portfolio.
Cowboy Partners Sells New Salt Lake City Community
The partially affordable 95-unit property close to Sugar House came online last year.
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.