Deals
Axonic Properties Sells St. Petersburg Residential Asset
GPK Holdings paid almost $18 million for the 138-unit property, financing the purchase with a Freddie Mac loan from CBRE.
Sherman Residential Picks Up Kansas City Luxury Community
The company made its second acquisition in the market with the purchase of a 250-unit property.
Revamped DC Community Trades for $14M
The seller invested more than $1.5 million in capital improvements at Glenwood Apartments.
NNC Apartment Ventures Buys Las Vegas Asset for $52M
Berkadia facilitated the transaction with a Freddie Mac loan set to mature in 2030.
Triumph Properties Closes First Deal in Phoenix
The Beverly Hills-based firm acquired a 308-unit multifamily property on the city’s north side.
Aspen Square Management Sells Sacramento-Area Property
The Mogharebi Group represented the seller and the private buyer, in the acquisition of Cambridge House Apartments in Davis, Calif.
Greystone Arranges $63M for Pennsylvania Portfolio
The properties include five skilled nursing facilities totaling 622 beds across four municipalities.
George Smith Partners Secures $30M Construction Loan
The financing will be used to break ground on The Cartee, a project in downtown Boise, Idaho.
Los Angeles-Area Community Sells for $49M
The 11-building property in Cerritos, Calif., traded for $324,000 per unit.
Pebb Capital, TriArch Sell Manhattan Student Housing
The Alabama is located in Greenwich Village and serves students at New York University, The New School and the Benjamin N. Cardozo School of Law.