Deals
Fast East Orchard Pays $72M for UK Student Housing Portfolio
The Singapore-based company acquired three student accommodation properties totaling 622 beds in Bristol and Liverpool as part of its strategy to expand in university cities with large student populations.
UK-Based Co-Living Operator Expands NYC Footprint
The Collective made its third investment in the city by acquiring the Paper Factory Hotel in Queens, which will be converted into a short-stay co-living facility.
Inland Private Capital Brokers Sale of 2 Denver Properties
Emerson Lofts and Ascent Uptown are within 1.5 miles of each other and traded for $21.9 million, generating a total return on investment of roughly 130 percent.
Morgan Properties Acquires 4,130-Unit Portfolio
Metro Philadelphia’s largest-ever multifamily deal, the acquisition makes Morgan the largest owner-operator in the market.
McKinley Properties Sells 5 FL Assets
The portfolio encompassed 639 units across Gainesville, North Redington Beach, Pasadena and Daytona Beach. Berkadia worked on behalf of the seller and originated loans for the new owners.
Partially Affordable Community Changes Hands in Chicago
Renaissance North is in the city’s Old Town neighborhood and sold for $15.5 million. The building includes 59 units, with 18 set aside for low-income residents.
Class A Colorado Asset Trades for $67M
CBRE’s Dan Woodward, David Potarf and Matthew Barnett brokered the sale of North Main at Steel Ranch, a 228-unit property located in the Denver metro area.
In Case You Missed It: Top 5 Student Housing Stories
Catch up with some of our recent posts covering student housing, a hot real estate niche for investors globally.
American Landmark Acquires 282-Unit Houston Community
The Class A asset located in the South Main area is next to Interstate 610 and came online last year.
The Snavely Group Buys 32-Building Cleveland Asset
Willogrove encompasses 384 units and is located in the city’s Willoughby submarket. The sale involved a $21.4 million loan held by First National Bank of Pennsylvania.