Deals
IPA Sells CT Multifamily Property
Located in Groton in a quiet country setting, the 2004-built property encompasses 14 buildings totaling 399 units.
Brand Properties Sells Atlanta Portfolio for $133M
Blaze Partners acquired the two recently built communities, which comprise more than 600 luxury units in two of the metro’s booming submarkets.
San Jose Luxury Community Trades for $104M
Republic Urban Properties sold the 2015-built, 218-unit asset located within a mile of downtown. HFF represented the seller and procured the buyer.
SmartStop Affiliate Closes Equity Raising for Student Housing Portfolio
The Power 5 Conference Student Housing I DST comprises YOUnion @ Columbia, a 760-bed community, and YOUnion @ Ann Harbor, a 345-bed property.
Tampa Property Trades for $36M
Harbor Group International sold the community to Frankforter Group. Fannie Mae facilitated the transaction with $28.9 million in acquisition financing.
CBRE Facilitates CA Multifamily Transaction
Kevin Mulhern and Rachel Parsons worked on behalf of seller MG Properties Group, while the buyer, Virtú Investments, benefited from in-house representation.
AvalonBay Buys $83M Luxury Asset in Suburban Baltimore
A joint venture between Trammell Crow Residential and an affiliate of Western & Southern Financial Group sold the 310-unit community in Linthicum Heights, Md.
Oxford Properties Sells Newly Built FL Community
PGIM Real Estate Finance provided the buyer with a 10-year, non-recourse Freddie Mac acquisition mortgage, which amortizes over 30 years.
Sunshine State Portfolio Changes Hands for $98M
Priderock Capital Partners has picked up the two Class B communities, totaling 550 units, with $67 million in acquisition financing from Freddie Mac.
Downtown Cleveland Redevelopment Receives $40M Loan
With the construction loan secured by Berkadia, the former John Hartness Brown complex will be reinvented as The Euclid Grand, a mixed-use development.