Deals
Bay Area Senior Housing Community Breaks Ground
Developed by Eden Housing, Alameda Point Senior Apartments is part of the $1 billion project at the former Navy base on San Francisco Bay in Alameda, Calif.
Harbor Group Buys Brooklyn Community for $117M
The 193-unit rental property, named The Frederick, was built in 2017 and is located in the popular Crown Heights neighborhood.
Phoenix-Area Community Changes Hands for $19M
Real estate private equity firm WhiteHaven Capital acquired Ridgepoint Apartments, a 164-unit property in Glendale, Ariz. The six-building asset was built in 1986.
Boca Raton Luxury Tower Secures $225M Loan
The financing will be used to complete the Mandarin Oriental-branded condo project within the mixed-use Via Mizner development.
Suburban KC Community Changes Hands
Block Real Estate Services and Thackeray Partners took out a $40 million Fannie Mae loan to finance the acquisition of the 408-unit Barrington Park Townhomes in Lenexa, Kan.
JV Breaks Ground on Colorado Affordable Project
Alpenglow Village in Steamboat Springs will offer 72 units for individuals with incomes from 30 to 120 percent of the area median income.
CRA, Roxborough Group Sell Las Vegas Portfolio for $138M
The three apartment communities have a total of 1,194 units and were owned by the joint venture for almost three years.
Phoenix Community Changes Hands for $57M
InterCapital Partners picked up the 561-unit multifamily property from value-add specialist 3rd Ave Investments, which bought the asset back in 2016.
Bay Area Properties Sell for $25M
Marcus & Millichap’s Levin Johnston brokered the sale of Village Drive and Carlmont Park Apartments, two communities encompassing a total of 52 units in Belmont, Calif.
Metro LA Community Changes Ownership in $21M Deal
MWest Holdings financed the acquisition of Harbor Terrace with a $15.8 million loan held by Prime Finance Partners. The new owner will renovate and rebrand the asset.