Deals
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.
LivCor Pays $43M for Phoenix Asset
The buyer of the 240-unit property assumed the remaining balance of a $20 million financing package taken by the seller in mid-2016.
Dallas-Fort Worth Community Changes Hands
Marcus & Millichap arranged the sale of a vintage residential property. The new owners plan to continue the existing interior renovations plan.