Deals
Transactions: December 2022
A short list of recent major investment sales and financings from coast to coast.
Topaz Capital Group Acquires Florida Asset
Northmarq represented the seller of the community, which features a boardwalk through protected wetlands.
Avanti Residential, FCP Acquire Phoenix Asset for $65M
The partners plan to invest $4.6 million in capital improvements at the community, including interior unit upgrades.
Carter Multifamily Acquires Alabama Community
The firm will upgrade amenities and renovate interiors at the 252-unit community in Alabama’s second-largest metro area.
Hudson Capital Sells South Carolina Property for $53M
The company co-developed the 194-unit senior living community in Myrtle Beach, S.C., with Cape Fear Commercial.
TGM Buys DC Community
The new owner is planning extensive renovations to unit interiors at the 11-acre property.
JVM Realty Acquires Property in Chicago Suburb
Fiduciary Real Estate Development was the previous owner of the firm’s latest Midwest acquisition, which is 45 minutes from downtown Chicago.
Hamilton Zanze Expands in Arizona
The Phoenix asset is the company’s 25th acquisition in the state.
Brazos Residential Acquires 2 North Carolina Assets
The purchase of these two assets brings the company’s total acquisitions for this year to 14.
FPA Multifamily Acquires Minneapolis Historic Apartments
Built as warehouse space in 1885, the lofts were converted to apartments in 2001.