Deals
Cushman & Wakefield Brokers $49M FL Sale
Senior Directors Jay Ballard and Ken Delvillar of the company’s multifamily team in Orlando facilitated the transaction on behalf of seller Waypoint Residential.
Orlando-Area Community Lands $38M Acquisition Loan
The 320-unit property was nearing full occupancy at the time of the transaction. Berkadia worked on behalf of buyer Insula Cos.
Orlando Community Lands $48M Acquisition Loan
The recently completed property had an 82 percent occupancy rate at the time of the negotiations. Berkadia worked on behalf of buyer Advenir.
Continental Realty Sells 236-Unit NoVa Community
The Chase Heritage community in Sterling is located in close proximity to Dulles International Airport and Dulles Town Center. CBRE’s Mid-Atlantic team facilitated the transaction.
Lyon Capital Ventures Enters Vegas Market With $46M Buy
The company plans to add a short-term stay hotel and additional units on the adjacent land, as well as renovate some features of the 160-unit Gramercy.
Hunt Mortgage Arranges $10M for FL Acquisition
The firm secured a Freddie Mac loan on behalf of Eric Schifferli for its purchase of Seaside Villas, a 121-unit garden-style community located in Gulfport.
Fully Leased Community Trades in North Dallas
4L Enterprises purchased Gateway Apartments, a 76-unit asset located near several major routes. Greysteel arranged the deal on behalf of the seller.
Passco Pays $70M for Jacksonville Apartments
Waypoint Residential and Rohdie Management developed the 13-building, 380-unit Point at Tamaya in Florida, which opened its doors in October 2017.
Pantzer Properties Buys $88M MD Asset
The company has expanded its portfolio with Rolling Hills, a 468-unit property located in Germantown that includes a tot lot, a dog park and a soccer field.
Aukum Group Buys Phoenix Asset for $41M
The Praedium Group sold Adobe Ridge, a 224-unit community in Glendale, Ariz., in a deal facilitated by Institutional Property Advisors.