Deals
Berkadia Secures $20M Acquisition Financing
The company’s Charles Foschini and Christopher Apone arranged the loan on behalf of the buyer, West Shore LLC, for the 204-unit purchase in Columbia, S.C.
Magma Equities Buys Value-Add Asset in Raleigh
The multifamily investment firm scooped up a 199-unit community neighboring North Carolina State University.
Class B Tampa Community Trades for $37M
The partnership buying the asset assumed a $21.4 million Freddie Mac loan from the seller of the 356-unit community.
Scion Student Communities Adds MUZE to Its Portfolio
MUZE was completed in August and is located in the capital’s West Campus neighborhood.
Inland Real Estate Buys Phoenix Community for $56M
Santander Bank provided the buyer of the 225-unit property with more than $30 million in acquisition financing.
MAXX Properties Grows Las Vegas Portfolio
Following the acquisition of 168 units in the city’s Spring Valley neighborhood, the owner plans to begin capital improvements.
Related Group Seals Largest Multifamily Deal in Tampa Bay History
Olympus Property paid more than $131 million for the 21-story luxury asset in Tampa’s Harbour Island.
Berkadia Closes $30M Los Angeles-Area Sale
The 78-unit community known as Villa Grande Townhomes had a 92.3 percent occupancy rate as of September.
Starlight Investments to Buy $1.3B Canada Portfolio
Continuum Residential Real Estate Investment Trust agreed to sell its collection of 44 concrete high-rises, mainly in the Toronto area.
CAPREIT Acquires Delaware Community
Greysteel’s Ari Firoozabadi and Henry Mathies acted on behalf of the seller and procured the buyer for Vinings at Christiana.