Deals
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.
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.