Deals
Seattle’s Met Tower Commands $216M
JLL was instrumental in negotiating the sale of the iconic residential building, which is across the street from Amazon’s headquarters.
Raleigh Student Housing Assets Change Hands
The Priess Co. has sold a portfolio of three communities totaling 890 beds to a Chicago-based firm.
South Florida Community Trades for $56M
A Miami-based investment firm picked up the 206-unit residential property in Pembroke Pines, Fla.
IRET Expands Denver, Minneapolis Portfolios
Apart from paying $125.3 million for two communities in Colorado and Minnesota, IRET also sold its entire Topeka, Kan., portfolio for $82.8 million.
Luxury Community Commands $89M Near San Francisco
Essex Property Trust acquired the 132-unit asset in Redwood City. An Institutional Property Advisors team assisted the seller in the deal.
JLL Income Property Trust Buys Charlotte Asset for $55M
The REIT boosted its apartment allocation to more than $950 million by scooping up the new, 230-unit community in the city’s Uptown area.
Pathfinder Partners Buys Sacramento-Area Property
The 170-unit Rosemont Park, situated 10 miles east of downtown, traded for $28.8 million.
AndMark Expands Columbus Footprint
The investment fund currently owns 1,300 units in the market after buying a portfolio of three neighboring apartment communities.
Las Vegas Residential Property Commands $80M
Security Properties acquired the Class A community, adding 379 units to its portfolio.
Boston-Area High-Rise Changes Hands for $29M
Capstone Apartment Partners’ Stasiu Geleszinski, Austin Green and AJ Klenk brokered the sale of the 24-story tower in Worcester, Mass.