Deals
Atlanta-Area Community Changes Hands
Two Water Capital paid more than $22 million for the 242-unit multifamily property, financing the acquisition with a $16.6 million Fannie Mae loan.
Lindemann Multifamily Acquires Orlando Community for $64M
ContraVest, Case Pomeroy and BBX Capital sold the 292-unit luxury property, which is part of The Gardens on Millenia, a 47-acre mixed-use development.
Freddie Mac Closes LIHTC Fund with Hudson Housing Capital
The fund’s first investment comes in the form of a $17.5 million LIHTC equity for Lord Road Apartments, which will provide 324 low-income units in San Antonio.
FL Luxury Apartments Command $103M
Ram Realty Advisors and Kolter Urban have sold The Alexander and Alexander Lofts, two high-end communities located in West Palm Beach.
Dermot Co. Picks Up Brooklyn Luxury Multifamily Property
HFF and Savills Studley played a variety of roles in arranging the sale and securing debt and equity financing for the Windsor Terrace transaction.
FL Community Trades in $22M Off-Market Transaction
Berkadia worked on behalf of both parties involved the deal and Freddie Mac provided a $16.5 million, 12-year fixed-rate loan for the acquisition.
OH Portfolio with 456 Units Changes Hands
The transaction includes three communities located within the Westland submarket of Columbus. All properties have a 90 percent or above occupancy rate.
IMT Capital Nabs Nashville-Area Community
Bell Partners, which acquired the asset in 2013, traded the 214-unit property for more than $50 million. CBRE Capital Markets provided the buyer with acquisition financing.
Preferred Apartment Communities Sells Nashville Asset
A joint venture between Security Properties and Reinsurance Group of America picked up the suburban 364-unit community for $55 million.
AMG Sells Dallas Asset to S2 Capital
S2 Capital picked up the 480-unit community, financing the acquisition with a $13.5 million loan originated by InPoint Commercial Real Estate Income.