Deals
Albuquerque Apartment Portfolio Changes Hands
The buyer of the Class C communities’ 420 units assumed the seller’s CMBS financing as part of the deal.
Woodmont Properties Sells New Jersey Community for $44M
The buyer received nearly $33 million in acquisition financing from Kearny Bank.
KBS Sells 453-Unit Salt Lake City Community
Oakmont Properties acquired the luxury property in the face of economic uncertainty that complicated the deal.
Evergreen Grows Affordable Housing Management Portfolio
The firm added 11 communities totaling nearly 1,000 units located in Illinois, Minnesota, Ohio, Pennsylvania and Wisconsin.
Four Mile Capital Makes 1st Kentucky Foray
The company acquired a 141-unit townhome community in Louisville, financing the acquisition with a nearly $15 million Freddie Mac loan.
Berkadia Secures Acquisition Financing for Texas Community
The 192-unit Element at University Park will undergo a series of improvements under new ownership.
Terravista Partners Sells 5-Asset Portfolio in Texas
The 844-unit portfolio will undergo renovations to the exterior, common areas and the units.
JV Secures $71M Refi for Miami Beach Property
Hunt Real Estate Capital arranged the Freddie Mac financing for Lazul Apartments.
Berkadia Secures $148M for 4 Communities
The refinancing deals covered properties in Virginia, Maryland and Montana and included three Freddie Mac loans.
Veterans Affordable Community Underway in Northern Virginia
The $80 million project is slated for a 2022 completion.