Deals
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.
CBRE Brokers Sale of Nashville Community
The company represented the seller, a joint venture between Redwood Capital Group and Investcorp, in the sale of the 20-building Arbors of Brentwood.
St. Petersburg Deal Sets Central Florida Record
Courtney at Bay Pines traded for the highest price ever paid in the area for a garden-style community.
Bellwether Secures $80M in Loans for Texas Housing
The loans were used to create, support and preserve three affordable communities in Austin and Port Arthur.
Lion Real Estate, Marble Partners Close 4th Austin Buy
The new ownership intends to complete the renovations the previous two owners initiated and further stabilize the property.
Suburban Indianapolis Property Sells for $61M
A BHI Senior Living affiliate acquired the community through a bankruptcy sale process. Cushman & Wakefield’s Allen McMurtry, David Kliewer and Paul Carr assisted the seller.