Deals
NextGen Apartments Acquires SoCal Portfolio for $108M
Matthews Real Estate Investment Services brokered the deal in two separate transactions totaling 17 properties.
PEM Real Estate Sells Alabama Community for $28M
Cushman & Wakefield represented the seller, while The Bancorp Bank provided acquisition financing.
TriBridge Buys 2 for $52M in Nashville
Both communities are in the Hillsboro Village neighborhood and were completed in the last few years.
Pennant Buys, Preserves Affordability of Boston Senior Community
The company acquired the 89-unit affordable property through the Section 13A program.
Vanbarton Group Scores $116M Financing for Seattle Property
The firm recently acquired the community from Columbia Pacific Advisors for $209.2 million.
Sares Regis Receives $65M Loan for Los Angeles Acquisition
Mesa West Capital provided financing for the purchase of a 169-unit community in the city’s Mid-Wilshire neighborhood.
IMG Expands North Carolina Portfolio with $94M Buy
The firm has expanded its holdings in South Charlotte with the purchase of Whitehall Estates and Stone Ridge Apartments.
Dunross Capital Expands Georgia Portfolio
The firm purchased two communities located across the street from each other in Decatur, Ga., totaling 486 units.
Fairfield Pays $83M for Long Island Asset
The 271-unit Fairfield Tudor at North Babylon is roughly an hour away from New York City.
Lynd Acquisitions Group Buys 1,059-Unit Texas Portfolio
The deal included three communities located in Austin and Houston and will undergo a total of $20 million in capital improvements.