Deals
ECI Group Lands $625M Refi for 13-Property Portfolio
The funds will go toward renovating six of the communities and supporting the firm’s development pipeline.
Haven Realty Acquires BTR Community in Vegas
Partnering with Apollo Global Management, the firm purchased phase one of a 12-building project.
ACRE Secures $300M Investment from StepStone Group
The commitment includes a recapitalization of an existing portfolio and future development opportunities.
Transactions: August 2022
A short list of recent major investment sales and financings from coast to coast.
Toro Expands Development Pipeline
The firm purchased the site to build The Reid, a 186-unit partially affordable community in Atlanta.
AvalonBay Sells NY Community for $306M
Common areas and units are slated for a $9 million upgrade.
American Landmark Enters Arizona Market
Tempe Metro Apartments last traded in 2018 and will be rebranded by the new owner.
Armada Hoffler Sells Maryland Property for $150M
This deal was part of the REIT’s recent $200 million disposition plan for noncore assets.
KB Investment Acquires Tempe Apartments
Mesa West Capital provided a $108 million loan for the purchase of Skywater at Town Lake.
CEDARst Secures $170M in Capital for Minneapolis Development
Construction is underway and the project is scheduled for completion by the end of 2023.