Deals
A&E Pays $249M for Brooklyn Portfolio
The LeFrak family developed the properties between 1957 and 1961 and has invested more than $18 million in capital improvements.
Vitus Acquires Sacramento Affordable Community
The buyer is planning $3.3 million in property renovations, with construction beginning in late 2022.
Blaze Capital JV Sells Charleston Townhomes
JLL Capital Markets represented both sides of the $54 million transaction.
Walker & Dunlop JV Pays $189M for 2 Texas Communities
A joint venture with Magma Equities and Pacific Life acquired a total of 820 units.
Security Properties Buys Seattle Luxury Apartments
The firm’s 31st Puget Sound community is flanked by 1,200 acres of public parks and a wildlife refuge.
Lerner Acquires South Florida Luxury Apartments
The company intends to rebrand the property and assume property and asset management duties.
Florida Community Changes Hands for 4th Time
JBM Institutional Multifamily Advisors brokered the sale of the Naples development.
Hamilton Zanze Trades Boise Property
The firm completed in-unit and exterior renovations and upgrades during its ownership.
West Shore Acquires Charlotte Luxury Apartments
The deal brings the company’s North Carolina portfolio to six properties.