Deals
Fairfield Properties Buys Transit-Oriented Property
The investor has expanded its footprint with the acquisition of a 154-unit community in Farmingdale, N.Y.
Goldman Sachs Division Buys North Carolina Property
JLL’s Jeff Glenn, Justin Good, Allan Lynch, Caylor Mark and Andrea Howard acted on behalf of the seller.
IRET Sells 10-Property Portfolio to 2 Buyers
The communities total 969 units across seven assets in South Dakota, Iowa and Nebraska.
Colorado Development Scores Construction Financing
JLL worked on behalf of the developer to arrange $43.2 million for Ten West Greeley Apartments.
JVM Realty Snags 6th Chicago Community
The company acquired a 115-unit luxury property in the suburb of Downers Grove, Ill.
North Los Angeles Community Trades for $35M
Constructed in 1964, the seven-building property changed hands at a per-unit price of roughly $375,000.
Interra Brokers Multifamily Deal in Chicago’s Kenwood Area
At $180,000, the price per unit is the highest paid for a property in this neighborhood in a decade.
Garden-Style Portland Community Trades for $34M
JLL Capital Markets Senior Managing Director Ira Virden and Senior Director Carrie Kahn worked on behalf of seller Pacific Urban Residential.
Praxis Capital Expands Atlanta Footprint With $41M Buy
With help from Berkadia, the company has become the new owner of two garden-style communities totaling 420 units.
Sherman Residential Grows San Antonio Presence
The firm picked up the 332-unit Savannah Oaks, situated 14 miles northwest of downtown.