Deals
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.
Becovic Management Pays Top Dollar for Tampa Apartments
Hatfield Development sold the 252-unit community in Bradenton, Fla., in a deal arranged by JBM Institutional Multifamily Advisors.
Cortland Buys, Rebrands Atlanta Community
Located in the Atlanta area, the 256-unit Cortland Peachtree Corners was formerly known as Echo Lakeside.
Fore Property Sells Phoenix-Area Asset for $79M
The buyer financed the acquisition with a $62.2 million loan from TPG Capital. The 344-unit Summerly at Zanjero is LEED Silver certified.
Colliers International Arranges Boston-Area Sale
The firm represented the seller, R.H. White Cos., in the disposition of a 112-unit Class A community in Millbury.
Northwestern Mutual Buys Tampa Asset for $104M
Forge Capital Partners and Intown/Framework Group sold the 235-unit, luxury high-rise property.