Deals
Cushman & Wakefield Facilitates Sale of Las Vegas Community
The brokerage firm represented the seller, CALCAP Asset Management, in the disposition of a 112-unit property near the Las Vegas Strip.
Student Housing Portfolio Trades for $250M
Landmark Properties was joined by Korean investors and Ocean West Capital Partners in the five-property acquisition.
Heitman Purchases Boulder Community
The global investment firm acquired the 161-unit asset for the reported price of $62.5 million.
ERES Acquires Dutch Multifamily Portfolio
The transaction, valued at $185.6 million, comes just days after the Toronto-based real estate investment trust completed a public offering to fund current and future acquisitions.
Southwest Florida Community Commands $35M
Phoenix Bay Ventures has sold a 186-unit luxury property in Cape Coral. JBM Institutional Multifamily Advisors brokered the transaction.
Cortland Completes $1.2B Multifamily REIT Acquisition
The all-cash deal includes upward of 7,000 units in the Texas Triangle and Phoenix.
Broadtree Residential Pays $69M for Atlanta-Area Asset
The REIT managed by Broadstone Real Estate has added a 296-unit community to its growing portfolio.
MG Properties Buys Arizona Community for $110M
Everest Holdings sold the 512-unit property in the Chandler submarket, which leads the Phoenix metro area in multifamily absorption.
Transactions: October 2019
A selection of noteworthy deals announced between August 14 and September 20.
Capstone Apartment Partners Brokers North Carolina Sale
Austin Green, Brian Ford, Alex McDermott and Caleb Troop represented the seller and procured the buyer. The new owner intends to renovate the 128-unit community.