Deals
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.
FPA Pays $34M for Los Angeles-Area Community
The 108-unit property was 95.4 percent occupied as of October, per Yardi Matrix data.
Ginkgo Residential Buys Back Durham Property
A NKF team of Alex Okulski, Jason Kon, John Munroe, Sean Wood, John Heimburger and Dean Smith brokered the sale of 501 Towns.
Greystone Arranges Condo Deconversion in Chicago
The 32 units are part of Damen & Fargo Apartments in the city’s Rogers Park neighborhood.
Presidium Group Sells Fort Worth 265-Unit Community
NorthMarq Capital arranged a $19.9 million Fannie Mae acquisition loan for the new owner.
Newly Renovated 280-Unit Dallas Property Changes Hands
The 1971-built community last traded two years ago, when MBP Capital acquired it from Crest Asset Management.
OC Ventures Acquires Chicago Student Housing
The 109-year-old building was redeveloped into student housing lofts back in 2006.