Deals
Charlotte Community Commands $82M
Lindemann Multifamily Management acquired the 323-unit asset from CampusWorks Development, Kaplan Residential and an affiliate of The Carlyle Group.
Berkadia Brokers Sale of 2 Puget Sound Communities
Senior Managing Director Kenny Dudunakis, along with Senior Directors David Sorensen and Ben Johnson, represented the sellers in each transaction.
Castle Lanterra Buys DC-Area Value-Add Community
The company purchased Capital Crossing, a 15-building property situated at Maryland’s border with Washington, D.C.
Comunidad Realty Sells 208-Unit San Antonio Asset
The new owner assumed the outstanding balance of a $10.4 million Fannie Mae loan, set to mature in 2028.
American Landmark Expands Houston Presence
The new owner will rebrand the 360-unit community and implement a capital improvement program.
Afton Properties Buys Los Angeles-Area Property for $132M
Berkadia secured $108.7 million in Freddie Mac financing for the acquisition in Lancaster, Calif.
Bascom, Artemis Buy California Townhome Community
The partners acquired Phoenix Townhomes, a 248-unit condominium-style property in Fresno.
Decron Buys 2nd Seattle-Area Community for $79M
The real estate developer snapped up a 302-unit property in Kent, Wash., boosting its portfolio in the region to 860 units.
Partially Affordable Community Trades in Phoenix
In a deal orchestrated by Institutional Property Advisors, ReNUE Properties acquired Legacy Bungalows in Phoenix for 26.1 million.