Deals
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.
Value-Add Jacksonville Community Sells for $14M
Newmark Knight Frank assisted InvestRes in the disposition of the 176-unit asset located in the St. Nicholas neighborhood.
Bay Area Asset Changes Ownership
New Standard Equities paid $60 million for the 170-unit garden-style community located in Fremont, Calif.
JLL Negotiates $141M Sale of DC-Area Property
Fairfield Residential purchased Atley on the Greenway, a 496-unit apartment community in Ashburn, Va.
New Jersey Portfolio Deal Scores $228M Loan
Cammeby’s International purchased the six-asset bundle of communities totaling more than 1,800 units.
Manhattan Landmark Gets $386M Refi
Hunton Andrews Kurth LLP advised the owners of 70 Pine St. on the mortgage provided by Goldman Sachs.
Tucson-Area Community Scores $23M Refi
Greystone provided the Fannie Mae DUS loan for the 240-unit multifamily property located in Oro Valley, Ariz.
Metro Atlanta Asset Changes Ownership
The Walden Group paid more than $12 million for the 140-unit multifamily property located in Tucker, Ga.
Barings Sells Portland Community for $116M
Griffis Residential acquired the 294-unit, LEED Gold-certified property in the city’s South Waterfront neighborhood.
Seattle-Area Community Trades for $96M
The five-story property is located close to various major employers including Google, Amazon, Microsoft and Facebook.