Deals
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.
Dasmen Residential Pays $30M for Durham Community
The new owner plans to begin capital improvements to update the 26-building property’s units and common areas.
Turner Impact Capital Pays $52M for Las Vegas Community
The new owner’s latest acquisition increases the firm’s Sin City portfolio to more than 1,000 units.
CBRE Arranges San Diego-Area Sale
Big Horn Investment Properties sold the two-building community for nearly $3 million.
California Townhome Property Changes Hands
Levin Johnston of Marcus & Millichap advised the private buyer to offer $40.5 million for the acquisition.
Fairfield Properties Buys Long Island Community
The purchase brings the firm’s portfolio in the town of Farmingdale to nine assets.
Olympus Property Acquires Suburban Austin Community
Sherman Residential, the previous owner, purchased the asset in 2016 for nearly $32 million.