Deals
Mazis Family Trust Buys 19-Unit San Diego Community
Located at 4560 Florida St., in the University Heights neighborhood, the 1970-built property features a mix of 13 two-bedroom and six one-bedroom units.
Top 10 Multifamily Transactions in the Southern US
Bolstered by an increase in transaction activity over the previous two years, more than 40 communities changed hands in the region so far this year for a total sales volume of roughly $650 million.
Mills Properties Trades St. Louis Community
Brass Enterprises picked up the 178-unit Class A luxury property, which opened in 2016 and includes a Whole Foods Market on the ground floor.
Positive Investments Buys CA Community
Keller Williams Commercial Studio City represented the company in its purchase of the 10-building, 86-unit property, located in Compton.
Main Street Residential Acquires $20M GA Property
The 214-unit View 75 in Marietta will be rebranded under the company’s Signature name and undergo a $2 million renovation.
Greystone Provides $36M for MI Asset
Gables of Troy, a 544-unit community in metro Detroit, will receive a HUD-insured Green Rewards refinancing loan. The 35-year mortgage carries a low, fixed interest rate.
Preferred Campus Communities Picks Up Texas Student Housing
The 808-bed asset, which was completely renovated by Haven Campus Communities in 2017, is located one block from Texas A&M University.
Colliers Arranges $26M Miami Land Sale
Executive Vice Presidents Gerard Yetming and Mika Mattingly represented the seller, RAD Miami, in the disposition of the roughly 6-acre vacant parcel.
Stockbridge Snags $120M FL Community
Walker & Dunlop represented HG Management in its disposition of The Quaye at Wellington, one of the highest per-unit sales for a garden-style community in Florida.
South Texas Asset Receives $40M Refi
Meridian Capital Group arranged the financing for Watermark Residential’s 324-unit property located in Corpus Christi. Israel Schubert, Peter Martz and Akiva Friend facilitated the deal.