Deals
Praedium Group Acquires Florida Community
Newmark Knight Frank Multifamily represented the seller in its disposition of Oasis at Sarasota.
Beachwold Residential Expands in Texas
The company has purchased Jefferson Landmark, increasing its Dallas-Forth Worth portfolio to more than 12 assets.
ConAm Group Sells Seattle-Area Apartments for $90M
Prudential Financial arranged a Fannie Mae acquisition loan on behalf of the buyer for Avery at the Reserve in Federal Way, Wash.
Allied Orion Sells Class A Community in Houston
JLL acted on behalf of the seller and also procured the buyer of the 281-unit recently built property.
Gelt Increases Denver-Area Presence with $145M Buy
JLL represented the buyer in its purchase of Kallisto at Bear Creek, located in Lakewood, Colo.
Phoenix Asset Trades for $58M
PrivatePortfolio Group purchased the newly built Circa Central Avenue with acquisition financing originated by Nationwide Life Insurance Co.
Covenant Capital Pays $39M for Jacksonville Community
CBRE Capital Markets provided the buyer with a $31.4 million loan through Freddie Mac.
Morgan Properties Buys Pittsburgh Apartments for $29M
CBRE Capital Markets provided more than $20 million in acquisition financing through Freddie Mac.
Cooper Street Capital Sells Albuquerque Community
The investor traded the 105-unit multifamily asset after less than 18 months of ownership. The property was almost fully occupied as of December.
Lion Real Estate Spends $49M in Suburban Nashville
The 350-unit value-add investment marks the company’s third multifamily buy in the metro in the past 12 months.