Deals
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.
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.