Deals
SVN Arranges Sale of Northern Illinois Multifamily Asset
Reid Bennett and Cody Doran brokered the transaction the second time in five years.
Rastegar Property Buys Value-Add Asset in Austin’s St. Johns
The company has closed on its fourth acquisition in the metro, adding another 50 units to its portfolio.
Baltimore-Area Community Changes Hands for $28M
Klein Enterprises delivered the 108-unit townhome property in 2014, with construction financing from Western & Southern Financial Group.
The Freshwater Group Buys North Dallas Property
Indio Management sold the 50-unit community in the Knox-Henderson area of Dallas after four years of ownership.
Hayden Properties Picks Up Alabama Luxury Community
The company paid more than $42 million for the 267-unit asset located in the Huntsville metro area.
Hampton Roads 266-Unit Asset Trades for $43M
The new owner plans to invest more than $4.6 million into unit and common-area upgrades.
IPA Brokers Sale of West Seattle Asset
IPA’s Philip Assouad, Giovanni Napoli, Ryan Dinius and Sidney Warsinske worked on behalf of the seller and procured the buyer.
Contour Development Acquires 344-Unit Alabama Asset
The property traded for almost double the price it sold for just last year.
Fort Lauderdale Community Trades for $103M
Frankforter Group acquired the new 420-unit Atlantic Cypress Creek in South Florida.
Abacus Capital Group Grows Seattle Presence
A team from Berkadia represented the seller in the $59.5 million disposition of The Renton Sage, a 284-unit community in Renton, Wash.