Deals
Harbor Group Pays $59M for DC Luxury Community
JLL provided nearly $46 million in acquisition financing for the buyer of the 243-unit, Class A multifamily asset.
Cushman & Wakefield Brokers $40M Deal in Chicago’s Fulton Market
Managing Directors Todd Stofflet and Jason Stevens worked on behalf of JP Morgan Asset Management in the transaction. RDG Funds was the buyer.
Cushman & Wakefield Arranges North Carolina Sale
Director Paul Marley brokered the transaction of a 196-unit community located in Jacksonville.
Knightvest Expands Phoenix Footprint With $75M Buy
Canadian Imperial Bank of Commerce provided the buyer with more than $57 million in financing for the purchase of the 432-unit Class A multifamily asset.
S2 Residential Pays $46M for Phoenix Community
Bridge Investment Group provided acquisition financing for the Class B, 320-unit multifamily asset.
Brand Properties Sells Savannah Luxury Community for $48M
The developers built the 235-unit asset within a 300-year old oak grove roughly situated 2 miles from the city’s historic district.
ConAm Group Acquires Las Vegas Apartments
South Valley Ranch is situated in a master-planned community within the submarket of Henderson.
Colorado Community Sells for $92M
Gelt Inc. originally bought Westhills Apartment Homes in Lakewood, Colo., for $66 million and invested $11 million in upgrades.
Fully Affordable Central Coast Community Trades for $63M
CBRE’s Stewart Weston, Dean Zander, Jeff Kunitz and Tim Flint acted on behalf of the 236-unit property’s seller, Vaughn Bay Construction.
Berkadia Arranges $49M Orlando Community Sale
The company’s Cole Whitaker and Mary Beale worked on behalf of seller Aspen Square Management in the disposition of the 278-unit suburban asset.