Deals
Sares Regis Expands Arizona Portfolio
The company acquired its latest property in Phoenix as part of its Fund III that targets communities in the West.
Lynd Co. Lands $45M for Texas Portfolio
Hunt Real Estate Capital arranged the loan that will be used for the refinancing and renovation of three properties in San Antonio and Universal City, Texas.
San Diego-Area Senior Living Asset Trades for $22M
The seller had acquired the 151-unit community in 2015 for $14.7 million.
Elevation Enters Indiana Senior Housing Market
The private equity investment company paid $20 million for a 496-unit affordable senior community in Indianapolis, its largest transaction to date.
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.