Deals
Wilmington Community Changes Hands in $7M Deal
River Commons Apartments received financing from Fannie Mae, while the Delaware State Housing Authority provided an additional subordinate debt loan.
Cortland Grows Charlotte Presence
The firm purchased The Adley at Bryton, which has been renamed and is located within the Huntersville neighborhood.
CBRE Arranges $19M Sale of Denver-Area Community
The 45-unit active adult community traded with the assistance of Dan Woodward, David Potarf, Matt Barnett and Jake Young.
MBP Capital Sells 346-Unit San Antonio Community
The buyer financed the acquisition of the multifamily asset through a $24.2 million Fannie Mae loan.
RADCO Trades South Carolina Community for $55M
Bridge Investment Group originated a three-year, $48 million acquisition financing package for the new owner.
Rastegar Property Co. Expands Portfolio in Texas’ Capital
The new owner plans to renovate and modernize the building’s exterior, as well as the interior of each condominium unit.
California Communities Trade for $17M
The two neighboring communities in Azusa, Calif., built in the 60s, total 72 units that will be upgraded by the new owner.
Oak Residential Trades 350-Unit Kansas City Community
Goldman Sachs provided the buyer with a $32 million acquisition loan for the Class B multifamily asset.
CBRE Brokers South San Diego County Sale
Allen Chitayat and Nate Pepper represented the buyer, a Viewpoint Equities Inc. subsidiary. Hollister Creek Village traded for nearly $11 million.
CBRE Secures $34M Refi for Northern Georgia Luxury Community
Completed in 2019, the 266-unit multifamily property is close to of the University of North Georgia’s Gainesville campus.