Deals
CS Acquisition Group Sells 272-Unit IN Community
The Lakewood, N.J.,-based company sold a 16-building multifamily asset in Beech Grove to a private investor. The property was 95 percent occupied at the time of sale.
Avanath Pays $35M for Affordable Asset in Texas’ Capital
At the time of sale, the 280-unit property was 96.4 percent occupied, with historical occupancy averaging 98 percent over the last three years.
IPA Brokers $30M Phoenix-Area Transaction
Senior Managing Directors Cliff David and Steve Gebing worked on behalf of both parties involved in the sale of a 265-unit community in Mesa.
FCP Grows Atlanta-Area Presence with $18M Buy
The purchase of the 150-unit The Fields East West Commons in Austell marks the buyer’s third acquisition in the area this year.
Walker & Dunlop Completes $47M Financing for Atlanta Asset
The transaction enabled Starlight U.S. Multi-Family to acquire the 282-unit Westside Heights apartment community in the West Midtown submarket.
JLL Closes Sale of HUD-Financed Luxury Asset
According to Yardi Matrix data, RED Capital Group originated a nearly $27 million loan in 2016, with the maturity date set for 2058.
Invesco Sells Philadelphia High-Rise in $30M Deal
HFF facilitated the sale of the 15-story historic apartment building to a joint venture between The Carlyle Group and Alterra Property Group.
Hello Living Lands $32M Refi for Brooklyn Project
Madison Realty Capital and Bluestone Group provided the financing for the developer’s 15-story, 55-unit luxury rental project in Prospect Lefferts Gardens.
Eagle Property Capital Expands Houston Portfolio
The company added to its holdings in the city with three communities totaling 750 units acquired through a private investment vehicle.
Electra America, American Landmark Purchase San Antonio Community
The new owner rebranded the 306-unit property as Alon at Castle Hills and assumed the existing $24 million Fannie Mae financing.