Deals
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.
Avanath Pays $34M for Affordable Denver Community
CBRE’s Spencer Hurst, Tim Flint, Taylor Froland, Dan Woodward, David Potarf and Matt Barnett represented the seller.
JV Acquires 2 Alabama Student Housing Communities
My House on Caplewood and My House on the 50 were 100 percent occupied at the time of the sale.
Stepp Commercial Facilitates Hollywood Sale
The firm represented the seller and procured the buyer in the $10.7 million transaction.
Inland Private Capital Sells Colorado Assets for $73M
The two communities north of Denver reaped a total return of 155.8 percent.