Deals
Cortland Sells Houston Portfolio
The company purchased the 250-unit Harbor View Apartments and the 234-unit Newport on the Lake in 2012.
FriedLam Partners Acquires North Carolina Portfolio
The 895-unit sale marks the largest portfolio transaction in the Charlotte market this year.
Nashville Community Commands $64M
PNC Bank provided the buyer with more than $45 million in acquisition financing through Fannie Mae.
Transactions: November 2019
A selection of noteworthy deals announced between Sept. 3 and Oct. 8.
FCP Acquires Florida Portfolio for $86M
Avesta Communities sold the 682-unit collection of properties located in Lake Worth and Palm Springs.
Denver Community Scores $69M Recapitalization
The recapitalization will be used to fund existing bridge financing and restructure the capital stack of Loft 9 Apartments.
Hamilton Zanze Enters St. Louis Market
Once again partnering with Cantor Fitzgerald, the firm picked up the 160-unit Tribeca for $44 million.
Manhattan Rental Property Lands $215M Refi
The part-affordable community is located within Essex Crossing, a mixed-use development that will eventually house more than 1,000 apartment units.
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.