Deals
Kidder Mathews Brokers San Diego-Area 1031 Exchange
Multifamily investment brokers Jim Neil, Eric Comer and Merrick Matricardi represented the buyer in the transaction involving a 26-unit apartment building in Clairemont, Calif.
CBRE Brokers Houston-Area Community Sale
Senior Vice Presidents Clint Duncan and Matt Phillips represented seller Investors’ Property Services in the disposition of the 576-unit Madison Park Apartments, while Executive Vice President Michael Thompson arranged the financing.
Brick Lane Picks Up SC Community
The buyer financed the purchase of the 76-unit townhome property in North Charleston with a 10-year Freddie Mac mortgage.
FL Coast Community Changes Hands
Dougherty Mortgage originated a Fannie Mae loan on behalf of a joint venture to purchase Eagle Point Apartments, a 128-unit market-rate property in Daytona Beach.
Quad Property Group Expands FL Footprint
The company paid $10.8 million for a 152-unit value-add community in Jacksonville, financed by a nearly $8 million Fannie Mae loan.
Pollack Shores Grabs Atlanta Asset
The seller, a joint venture between McCann Realty Partners and Admiral Capital Group, purchased the community in early 2016 for $24.8 million.
Goldman Sachs Snags 821-Unit Philadelphia Community
The purchase of Chestnut Hill Village marks the company’s 18th investment, bringing its total portfolio to 5,600 units. HFF worked on behalf of the new owner to arrange a 10-year, fixed-rate acquisition loan.
CBRE Brokers Largest Sale in Orlando History
A joint venture between GoldOller Real Estate Investments and The Family Office sold two assets and a total of 876 units located in the city’s Altamonte Springs submarket.
Boston Luxury Community Trades for $43M
Grossman Cos. teamed up with The Waypoint Cos. to sell the recently completed, 80-unit property situated in the Allston neighborhood.
Palm Beach-Area Community Trades for $26M
Berkadia’s South Florida office team represented sellers Coast Capital Partners and Naya USA, and arranged the acquisition loan on behalf of the buyer, One Real Estate Investment.