Deals
Creative Realty Sells Jacksonville Community for $20M
The buyer plans to invest $2 million into updates to the 281-unit property’s common areas and amenities.
Harrison Street Expands Senior Housing Portfolio
The properties acquired are located in Maryland, New Jersey and Massachusetts, totaling 1,322 units.
Philadelphia Luxury Apartments Trade for $22M
The Class A multifamily property delivered in 2015, replacing several 19th-century industrial buildings in the Old City.
Tampa Community Sells for $57M
Royal Imperial Group acquired the 484-unit multifamily asset and plans to update amenities and apartment interiors.
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.