Deals
CBRE Brokers Sale of Micro-Apartment Community
The firm worked on behalf of the buyer in the deal for the 24-unit Denver property.
Waterton Buys Value-Add Community in Charlotte
The company has grown its portfolio with the acquisition of a 166-unit community in Charlotte’s arts district for $39 million.
Westmount Realty Capital Enters Arizona Market
The firm has expanded its footprint with the acquisition of a vintage property in Mesa.
Los Angeles-Area Community Trades for $29M
NNC Apartment Ventures and Bailard Inc. sold the 88-unit Cambridge Apartments after 15 years of ownership.
Pebb Capital Sells Kansas Student Housing Property
The firm purchased the asset back in 2014 and undertook major renovations to the interiors and exteriors.
Fairstead Affordable Buys Harlem Apartments for $76M
A HUD Project Based Section 8 contract and HPD Article 11 regulatory agreement will enable the multifamily portfolio to remain affordable for 40 years.
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.