Deals
ABI Multifamily Brokers Phoenix Value-Add Sale
Patrick Burch and John Klocek represented both parties in the $4 million deal.
Berkadia Closes $18M Loan for North Carolina Buy
Senior Managing Director Mitch Sinberg and Managing Director Brad Williamson secured the fixed-rate, Fannie Mae loan.
Banyan Residential Acquires Stadium-Adjacent Houston Community
Lofts at the Ballpark is within walking distance from two professional sports venues. The deal represents the firm’s first acquisition in the market.
Berkadia Closes $45M San Diego Portfolio Deal
Ed Rosen, John Chu and Tyler Sinks assisted architect Jonathan Segal in the disposition of two properties that he designed and developed.
Hunter Management Acquires Michigan Student Housing
Berkadia arranged the sale of the community through a reverse 1031 exchange.
Centers Health Care Secures Financing for New York Skilled Nursing Facilities
Greystone secured the HUD-insured loans for the portfolio totaling 323 beds.
Interra Realty Closes Vintage Chicago Community Sale
Jon Morgan and David Goss represented The Wolcott Group in the disposition of the 35-unit asset in Woodlawn.
Greystar Pays $28M for Southwest Nashville Property
The 180-unit suburban community traded for more than double the price it sold for in 2006.
Knightvest Capital Pays $42M for First Raleigh Asset
The 250-unit Ashton last changed hands for a little over $23 million in 2013.
Mogharebi Group Closes San Diego-Area Sale
The team of Alex Mogharebi and President Otto Ozen spearheaded the $8.6 million deal.