Deals
TruAmerica Sells Florida Community for $96M
JLL Capital Markets arranged the sale of The Retreat at Vista Lake, marking the second largest multifamily transaction in the Fort Myers, Fla., metro.
The Wasatch Group Sells Tucson Community for $38M
The 444-unit property traded for the first time since its construction in 1985.
RXR’s Westchester Project Secures $131M Loan
Capital One provided the construction financing for a 28-story mixed-use development in New Rochelle, N.Y.
Starlight, KingSett Capital Announce $3.6B Deal
The Canadian firms have offered to buy the country’s third-largest listed multifamily REIT.
Capstone Brokers 128-Unit Community Deal in Charlotte
Senior Advisor Ron Corrao represented the buyer in the $10.4 million acquisition.
Quantum Equities Enters Charlotte Market With $34M Buy
The company obtained a $24.6 million Fannie Mae loan to finance the acquisition of The Flats at Arrowood, a 301-unit community in the metro’s southwest.
Suburban Phoenix Apartments Sell for $27M
Citibank provided the buyer of the 144-unit Class A multifamily asset with nearly $19 million in acquisition financing.
Dashiell Realty Sells Atlanta Community for $38M
The company had purchased the 615-unit asset in 2017 for almost half the current price.
NorthRock JV Acquires Phoenix Community for $55M
Berkadia provided the buyer of the 376-unit multifamily asset with a $39 million, 10-year Fannie Mae acquisition loan.
OC Ventures Acquires $62M Student Housing Portfolio
The portfolio’s new owner took two Fannie Mae loans totaling $44 million to finance the acquisition.