Deals
FCP, Level 2 Sell DC-Area Luxury Community
Takoma Central was completed in 2015 and represented the first ground-up development to be added to the historic Takoma neighborhood in four years.
SoCal Apartments Trade for Nearly $50M
The seller, StarPoint Properties, acquired the 232-unit Class B community in the Inland Empire for approximately $15 million in late 2001.
ARA Newmark Arranges Sale of Tampa Community
Vice Chairman Patrick Dufour and Director Ryan Crowley represented seller Pollack Shores and equity partner HQ Capital Real Estate in the transaction. NKF Capital Markets arranged the acquisition financing through Natixis.
Equity Residential Buys Uptown Denver Asset for $135M
HFF worked on behalf of the company to arrange financing and also represented Trammell Crow Residential, the seller of the 372-unit luxury community formerly known as Alexan Uptown.
Raleigh Community Trades for $24M
Hawthorne Residential Partners sold the 184-unit asset two years after it acquired it for $15.5 million from Heritage Capital Group.
Inside the Deal: Lloyd Jones Capital’s Expanding Workforce Housing Portfolio
The private equity firm expanded its Southeast portfolio with this Tallahassee property, with plans to make upgrades but keep it affordable to meet demand in this progressively growing metro.
Transactions: September 2018
The following is a list of transactions that were announced over the months of June and July, 2018.
IPA to Market $21M CA Community
The firm will handle the sale of Villa Capri in Escondido, which includes 98 units and is currently 98 percent occupied.
Raskin Holdings Sells Nashville Apartments for $50M
Covenant Capital Group picked up the 57-building, 379-unit community, funding the purchase with a five-year, $35 million Freddie Mac loan.
Nashville Community Changes Hands for $27M
NexPoint Residential Trust acquired the 210-unit suburban Class B garden-style property, financed by a 7-year, $17 million Freddie Mac loan.