Deals
Passco Spends $90M in Suburban Chicago
KeyBank financed the acquisition of the recently developed luxury community in Vernon Hills, Ill.
Phoenix Realty, Hanover Acquire 2 Seattle-Area Properties for $79M
With a total of 361 units, Lake Meridian and Royal Firs were owned by the same investor and sold as a portfolio.
Griffis/Blessing Buys Colorado Springs Student Community
NorthMarq Capital provided the new owner of the 506-bed property with financing for the $34 million acquisition.
Positive Investments Trades Inland Empire Community
The buyer paid more than $14 million for the 120-unit property and plans to invest in capital improvements.
Essex Realty Facilitates Chicago-Area Sale
The firm brokered the sale of a 39-unit transit-oriented property located in Naperville, Ill.
CWS Capital Partners Pays $36M for Phoenix Community
The 160-unit Azure Creek at Tatum Ranch in Cave Creek last traded in 2015 for $23.3 million.
LaSalle Buys San Diego Property for $119M
The company has added a 330-unit asset to its portfolio located in the Rancho Bernardo submarket.
Jazz Age-Era Community Sells for $38M in Los Angeles
MWest Holdings sold the 170-unit property a few days after trading another one of its L.A. multifamily assets.
Hamilton Zanze Buys Atlanta Community
The new owner plans to invest in updates to unit interiors and amenities at the 312-unit suburban property.
Guardian Life Buys Boston-Area Property for $150M
CBRE procured the buyer and represented the seller in its disposition of Hanover Cambridge Park, located in Cambridge Mass.