Deals

Harbor Group Sells Atlanta Community for $48M

Arbor Realty Trust provided the buyer with a $43.7 million Fannie Mae loan for the acquisition of the 396-unit property.

Portions of Major Los Angeles Portfolio Sell

Marcus & Millichap represented the private investor in its disposition of portions of a larger 26-property collection.

Tampa Bay Community Changes Hands for $52M

The new owner financed the acquisition of the 320-unit property with a $35 million Freddie Mac loan.

Kiser Group Brokers Chicago Community Sale

Matt Halper and Marco Cesario worked on behalf of the buyer. The 48-unit asset traded for $8.3 million.

Levin Johnston Brokers Sale of Bay Area Property

The brokerage firm represented both parties in the sale of a 49-unit building in San Bruno, Calif.

Raleigh Senior Living Asset Trades for $31M

Buyer Green Courte Partners plans to convert the recently completed property to a full-service independent living community.

Marquette, Principal Real Estate Investors Form JV for Chicago Community

JLL Capital Markets arranged the joint venture equity partnership and a loan from a life company for Marq on Main, located in Lisle, Ill.

NXT Capital Arranges Refi for Kansas City-Area Property

The loan will be used for Promontory Apartments, which is part of a larger redeveloped retail center in Overland Park, Kan.

Lexerd Expands North Carolina Footprint

The firm’s purchase of Ashford Lakes in Hillsborough, N.C., represents its second investment in the area.

Greysteel Brokers Sale of DC Affordable Senior Community

President & CEO Ari Firoozabadi and Director Henry Mathies acted on behalf of the seller and also procured the buyer of the 60-unit building.