Deals
Goldman Sachs Partners with Core Spaces on $600M Portfolio
The partnership will recapitalize and develop nine student housing properties near major public universities in the South, West and Midwest, totaling more than 4,300 beds.
Vacasa to Buy Wyndham Vacation Rentals for $162M
Through the deal, the fast-growing vacation rental management platform will enlarge its portfolio by nearly two-thirds to 23,000 homes across four continents.
GAIA-Led JV Sells 300-Unit Houston Asset
The company initially purchased Cashel Springs in 2015 as part of a 1,376-unit portfolio, for $88.4 million.
Pacific Urban Residential Expands in the Northeast
The Palo Alto, Calif.-based firm acquired AVA Stamford, an 18-story luxury tower in downtown Stamford, Conn., from AvalonBay Communities.
Bascom Sells 252-Unit Houston Asset
Newmark Knight Frank originated a $23.8 million, 10-year Freddie Mac loan on behalf of the buyer to finance the acquisition of Sierra at Fall Creek.
Holland Partners Sells Downtown LA Towers for $403M
Daydream Apartments has scooped up the pair of newly built, luxury apartment buildings, The Grace at Spring and The Griffin at Spring, which total 575 units.
Jacksonville Community Changes Hands for $22M
KCB Management sold the 256-unit property for more than double the price it traded for in 2013. Berkadia originated more than $17 million in acquisition financing.
JV Pays $27M for San Antonio Portfolio
SKW Funding and Bain Capital Credit teamed up to purchase the four multifamily properties. The transaction is part of a plan to acquire $500 million worth of distressed notes over the next two to three years.
JV Acquires Houston Rental Property
Excelsa Properties and GoldCor Capital Partners purchased the 392-unit community, Bayou Parc at Oak Forest, as part of a $86 million value-add strategy.
Rastegar Property Acquires 2 Austin Communities
The company purchased Zilker Place Apartments and Redbud Bungalows, both of which are set to undergo capital improvements.