Deals
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.
Champion Buys Los Angeles Student Housing Asset for $14M
The new owner intends to implement capital improvement programs at the 102-bed property.
Nitya Capital Pays $36M for Las Vegas Community
The recently renovated, 228-unit community last changed hands in 2018 for $24 million.
Hamilton Zanze Grows Tennessee Portfolio
The purchase, a newly built 238-unit luxury community, is the firm’s sixth in the state.
Levin Johnston Brokers Bay Area Value-Add Sale
Adam Levin and Robert Johnston arranged the acquisition of the Berkeley, Calif., property through a 1031 exchange.
JV Retires $155M Loan for Luxury Miami Beach Property
The financing was issued in September 2017 to the developers of Eighty Seven Park in the North Beach neighborhood.
Capstone Closes $9M Community Sale in Virginia
Senior Advisor Ron Corrao represented the seller and procured the buyer for Woodlands at Oyster Point.
Origin Investments Acquires Chicago Property
The two-year-old West Loop community was 99 percent leased at the time of sale.
Black Bear Capital Secures $69M in Loans for Bronx Assets
The transactions were split between two owners and included a total of eight properties.