Deals
JV Acquires Suburban Austin Property
Anatole at Westinghouse features 250 units and is located within the metro’s sprawling neighborhood of Georgetown, Texas.
Grubb Properties Buys 2 Atlanta Communities
The development company purchased adjacent properties for $48.2 million with plans to combine them into a single entity.
South Florida Community Sells for $47M
Canada’s Prism Multifamily Group purchased the 291-unit property in the Fort Lauderdale suburb of Tamarac.
Continental Realty Buys South Carolina Asset for $69M
A joint venture sold The Bluestone, a 360-unit community in the town of Bluffton.
Fort Lauderdale-Area Condos Command $19M
Prashkovsky Investments U.S.A. purchased 146 of the 192 units within the 4.7-acre property in Hollywood, Fla.
American Landmark Continues Southeast Streak
The firm acquired a 329-unit multifamily property north of Charleston, S.C.
GSA, Harrison Street Buy London Student Housing Tower
The companies formed a joint venture to acquire and renovate The Curve, a 350-bed property serving four major universities.
Vacant Office Property Sells in Orange County
The 65,000-square-foot property in Orange, Calif., will be transformed into a senior housing facility. NAI Capital represented both seller and buyer in the deal.
Morgan Properties Wraps 18,000-Unit Portfolio Buy
The firm picked up the 80-property portfolio from unrelated seller Morgan Communities, whose leader was indicted earlier this year on federal fraud and money laundering charges.
CBRE Closes Value-Add Sale in Denver
First Vice President Robert Bratley represented the seller in the $6.1 million deal.