Deals
NorthMarq Acquires Houston-Based CRE Firm
The firms will merge offices in Texas’ biggest city, with KDH bringing a nearly $2 billion loan servicing portfolio to the newly combined company.
JV Sells Las Vegas Community for $79M
Tower 16 Capital Partners and Henley Investments acquired the 512-unit property in mid-2018 and invested more than $4 million into capital improvements.
Hilltop Residential Continues Texas Expansion
In two separate deals, the company purchased the 308-unit Regalia Mansfield in Mansfield and the 291-unit Grand Reserve in Katy.
Gelt Sells Los Angeles County Community for $63M
The company is eyeing $300 million in multifamily purchases throughout the West this year.
Bell Partners Expands Seattle-Area Holdings
The 222-unit property in Redmond, Wash., has been rebranded to Bell Marymoor Park.
Mesa Capital Gets $51M for Georgia Community
The Class A, 328-unit asset is situated near the development site of Columbia County’s first hospital.
Recently Built Uptown Phoenix Community Changes Hands for $61M
Weidner Investment Services purchased the building using a $39.7 million acquisition loan from MUFG Bank.
Cortland Pays $37M for Colorado Community
The developer of the 149-unit, Class A multifamily asset traded the property upon completion.
Virginia Mixed-Use Building Changes Hands
The 169-unit property is situated along the emerging Dulles Technology Corridor in Herndon, Va.
Camber, Partner Land $50M Loan for Bronx Supportive Housing
The development will be built at 913 E. Tremont Ave. in the West Farms neighborhood.