Deals
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.
Hamilton Zanze Expands DC-Area Portfolio
The investment company purchased the 244-unit Oasis at Montclair Apartments in Dumfries, Va.
NexPoint Acquires Las Vegas Portfolio for $241M
The three communities total 1,163 units and are located west of downtown.
Investment Concepts Pays $18M for Las Vegas Luxury Asset
The acquisition of the 62-unit community ranks as the highest per-unit deal to close in the metro this year.
Walker & Dunlop Arranges $48M Loan for Grand Rapids-Area Community
Vice President Benjy Krosin partnered with Inner Circle Holdings’ President Kari Zapolski to originate the transaction.