Deals
Berkadia Arranges Sale of 332-Unit Alabama Community
David Oakley, David Wilson, Caleb Frizzell and Abe Maddox assisted the seller in the transaction. Affiliates of B & M Management Co. purchased the property.
South Florida Community Trades for $16M
DLS Partners has expanded its footprint with the acquisition of a 137-unit property in Largo, Fla.
Maryland Community Sells for $46M
Transwestern Commercial Services represented the seller in its disposition of Ashton Heights in Prince George’s County.
TruAmerica Buys Multifamily Portfolio for $109M
The firm purchased three properties in Raleigh, N.C., marking its first acquisition in the state.
Atlanta Affordable Community Changes Hands
Greystone provided a $19.3 million loan for the purchase of Shamrock Gardens.
Two Waters Capital Enters Tennessee Market
The company purchased its first two properties in Chattanooga with more than $31 million in loans.
FCP Pays $18M for Charlotte Community
The acquisition included the assumption of a $10.3 million CMBS, Fannie Mae-issued loan, set to mature in 2024.
Hamilton Zanze Buys Virginia Community for $66M
At the same time, Mission Rock Residential assumed management of the 238-unit property, which is located in Alexandria.
Inland Empire Senior Housing Commands $58M
Cushman & Wakefield negotiated the sale of a Southern California continuing care retirement community to a buyer which plans to convert the asset to a rental property.
Grand Strand Luxury Community Commands $48M
Sillman Enterprises has purchased the 288-unit Class A multifamily property in Myrtle Beach. Cushman & Wakefield represented the seller in the deal.