Deals
Passco Pays $40M for Knoxville Community
The 220-unit Class A multifamily asset, which was completed last year, was 90 percent occupied as of September.
RADCO Expands in Georgia with $54M Buy
The firm acquired a 232-unit luxury community in Atlanta’s Loring Heights neighborhood.
Capstone Apartment Partners Facilitates Charlotte Sale
The brokerage firm represented the seller and procured the buyer in the transaction of a 30-unit property.
Alabama Community Trades for $73M
BH Equities acquired the 696-unit property in Hoover, Ala., from Heritage Income Properties. Newmark Knight Frank handled the sale.
Capstone Apartment Partners Arranges North Tennessee Sale
The 32-unit property changed hands with help from the company’s Adam Klenk, Jonathan Hawks and Tyler Mayo, who represented seller Cove Residential in the deal.
Omninet Capital Sells 200-Unit Austin Asset
Berkadia secured a $15 million Fannie Mae acquisition loan for the buyer, One Real Estate Investment, and also delivered a NYSE-traded REIT as the equity partner.
Walden Group Expands Atlanta Footprint With $44M Buy
The company acquired two Class B communities totaling 432 units in Marietta, Ga. A Berkadia team assisted the seller in the transaction.
37th Parallel Enters Atlanta Market
CBRE represented the seller in its disposition of the 111-unit Park on Clairmont.
Suburban Chicago Property Changes Hands
Broadshore Capital Partners leveraged its value-add experience to upgrade and sell Fairways of Naperville.
Atlanta-Area Communities Trade for $35M
Castle Lanterra Properties and Stonemark Housing Partners separately scooped up properties in the suburb of Austell, Ga.