Deals
AIMCO Loans $275M for Landmark Community
The REIT also acquired an option to buy a stake in the 3,221-unit San Francisco property along with development rights.
Pacific Reach Properties Acquires Santa Monica Asset
Institutional Property Advisors represented the seller in its disposition of Pico Lanai Apartments.
MetLife JV Closes $1.8B Transaction
The partnership reduced the size of its venture in a multi-faceted deal.
Grand Peaks Acquires 220-Unit Southeast Denver Community
The property sold for $36 million, almost three times the price it traded for in 2012.
WAK Management Sells Fort Worth Asset
A private investment group acquired the 62-building asset, with plans to embark on a multimillion-dollar overhaul.
OpenPath Investments Grows Sacramento Portfolio
The company financed the acquisition of the 104-unit Sierra Park Townhomes through a $15.5 million, 10-year Freddie Mac loan.
RISE Properties Trust Expands Holdings with $102M Purchase
The Canadian multifamily REIT acquired Salix Juanita Village in Kirkland, Wash., and plans to renovate and reposition the 211-unit asset.
West Shore Pays $122M for Tampa Rental
The company acquired the 883-unit community with help from a $97 million Fannie Mae loan.
Actus Scores $37M for Georgia Multifamily Portfolio
Greystone assisted the seller in the disposition of three Class B properties located in Austell, roughly 18 miles west from downtown Atlanta.
SVN Arranges Sale of Northern Illinois Multifamily Asset
Reid Bennett and Cody Doran brokered the transaction the second time in five years.