Deals
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.
Colliers Closes Colorado Springs Value-Add Sale
Bill Morkes and Craig Stack represented the seller of the 200-unit community.
Hamilton Zanze Buys Luxury Virginia Asset
The new owner of the nearly 200-unit, Class A community plans to invest in unit updates and sustainability initiatives.