Deals
Phoenix Apartments Command $69M
CBRE Capital Markets provided Lurin Capital with a $43 million acquisition loan for the purchase of the 283-unit luxury community.
Pizzuti Renovates, Expands Columbus Community
The first phase in the company’s redevelopment effort at the former Grant Oak Apartments is underway. Phase two is slated to begin this fall.
JV Buys Student Housing Near Clemson University
The Preiss Co. and a fund advised by Crow Holdings Capital have acquired a 598-bed student housing community in Clemson, S.C.
Historic Downtown Houston Building Changes Hands
Randall Davis Co. converted the 79-unit Hogg Palace Lofts into a residential property in 1995. The building once served as a showroom and office for automobile retailer Armor Auto Co.
NorthMarq Arranges KS Portfolio Transaction
Senior Vice President & Managing Director Jeff Lamott facilitated the sale of three multifamily assets in Topeka. Vertex Investments is the new owner of the 216 units.
West Shore Invests $44M in SC Property
The company has acquired Riverwalk Apartments, a 307-unit Class A community in Rock Hill, S.C., around 22 miles from downtown Charlotte.
Black Creek Group Expands Footprint With $178M Buy
The company has purchased a 333-unit property in Rockville, Md., and a 268-unit building in Winter Park, Fla.
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.