Deals
Inland Empire Senior Community Lands $40M in Financing
The new owner took a series of mortgages, revenue bonds and tax credit equity to acquire and fund capital improvements at the property.
Los Angeles Age-Restricted Community Sells for $34M
Positive Investments acquired the 162-unit property, financing the deal with a Freddie Mac loan from Capital One.
JV Pays $19M for North Carolina Asset
Blackfin Real Estate Investors and GMF Capital LLC closed on their third purchase in less than six months.
Taurus Adds to Tampa Portfolio with $59M Deal
The real estate private equity firm paid $173,529 per unit for the property, which was previously owned by Preston-Giuliano Capital Partners.
MG Properties Buys 2 Los Angeles Communities for $140M
The company’s buying spree continues with the acquisition of two properties totaling 397 units in Canoga Park and Northridge, Calif.
JLL Facilitates Sale of Texas Community
The brokerage company represented the seller, Barker Investments, in the disposition of Whispering Oaks in Lockhart, Texas.
NexPoint Acquires 2 Communities for $384M
The multifamily REIT picked up residential properties in the Miami and Nashville metro areas.
Prime Group Buys 309-Unit Portland Property
Newmark Knight Frank originated a $63.7 million Freddie Mac acquisition loan, set to mature in 2031.
Reichle Klein Group Brokers Portfolio Deal in Ohio
R.J. Lloyd & Co. sold four communities totaling 888 units to Urban Land Co. The buyer was self-represented in the transaction.
Powered by Geothermal, Community Changes Hands for $72M
C&A Cos. and Commonwealth Group sold the 288-unit Elements at Prairie Center, located in Brighton, Colo., which taps into heat from the earth.