Deals

Sunset Ridge Apartments. Image courtesy of Berkadia

Afton Properties Buys Los Angeles-Area Property for $132M

Berkadia secured $108.7 million in Freddie Mac financing for the acquisition in Lancaster, Calif.

CBRE Facilitates Sale of Denver Community

The brokerage firm worked on behalf of the buyer in the acquisition of Ten Emerson, a 51-unit community in the Washington Park neighborhood.

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.

Greystone Secures $27M for Houston Acquisition

The new owner has revealed plans to refurbish the 542-unit Villa Nueva.

Security Properties Expands Washington Footprint

The company now commands 5,000 units in the Puget Sound area after its purchase of Villas at Kennedy Creek in Tumwater.

Starwood Sells Denver-Area Community

JLL marketed the 222-unit apartment property in Highlands Ranch, Colo., exclusively on behalf of the seller.

FCP Buys Atlanta Community for $23M

The company has acquired the 180-unit Ashford at Spring Lake, boosting its portfolio in the metro area to more than 1,900 units.

Westside Capital’s Tampa Expansion Continues

The company’s $29.5 million acquisition of a 337-unit garden-style community marks its second investment in the metro’s Wellswood submarket.