Deals
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.
JV Buys Brooklyn Luxury Community
Trinity Place Holdings and TF Cornerstone agreed to purchase the 234-unit asset in the Williamsburg neighborhood.
Q&A: How Cortland Is Elevating the Resident Experience
Cortland CEO Steven DeFrancis dishes on his major deals of 2019 and what’s next for DFW’s largest apartment owner.
Transactions: December 2019
A selection of noteworthy deals announced between Oct. 1 and Nov. 12.
Resolute Real Estate Receives $36M Loan for Atlanta Purchase
The buyer closed on the 269-unit community with financing secured by a JLL Capital Markets team.