Deals
Grandbridge Closes $105M Refi
The loans were for four separate multifamily properties in Georgia and Florida.
Arch Cos. Acquires 4-Property Portfolio in the Carolinas
The company purchased communities in Winston-Salem, N.C. and Spartanburg, S.C. for $61 million.
Tricon JV Pays $210M for Single-Family Rentals
The partnership between the Canadian firm and two large institutional investors snapped up the 708-home portfolio in Nashville, Tenn.
Pensam Makes Preferred Equity Investment in Newark
The 401-unit Forest Hill Towers was purchased for $73 million.
Forest Properties Sells Sarasota Community for $42M
The buyer is planning to undertake a thorough renovation of apartment interiors at the 267-unit property.
RISE Properties Trust JV Acquires Seattle Apartments
Mesa West Capital provided $52 million in first mortgage debt for the acquisition and repositioning of Joseph Arnold Lofts.
Griffin Capital Buys 238-Unit Houston-Area Community
The suburban property last traded in 2013 as part of a 24-asset multifamily portfolio.
Portland Multifamily Portfolio Trades for $26M
Trion Properties landed $19.1 million in acquisition financing for the 162-unit, suburban value-add portfolio.
Denver Micro-Unit Community Sells for $23M
Castle Lanterra Properties acquired the multifamily asset within a year of the project’s completion.
JV Acquires Downtown Phoenix Property
Origin Investments and Randolph Street Realty Capital purchased Union @ Roosevelt, situated within a Qualified Opportunity Zone.