Deals
Kidder Mathews Negotiates Sale of 24-Unit Community in San Diego
Located at 1770 Evergreen St., in the city’s Point Loma Heights neighborhood, the 1965-built property features a mix of one- and two-bedroom apartments.
Berkadia Brokers $42 Million AZ Sale
Senior Managing Director Art Wadlund and Director Clint Wadlund, both from the company’s Tucson office, represented Aerie Development in this disposition of a 183-unit asset.
RADCO Trades Atlanta Property for $24M
Strategic Holdings financed the acquisition of the 161-unit property with a $19.9 million Freddie Mac loan.
Kairoi Residential Buys Again in Texas
The company continues its lively acquisition pace with the purchase of a 308-unit community in Houston Heights.
Radnor, Harrison Street Pick Up Pittsburgh Student Housing
The partners acquired the 314-unit high-rise at Duquesne University for $23 million and will modernize the half-century-old community over the course of four summers.
Bell Partners Buys Pasadena Asset
Cushman & Wakefield arranged Hines’ sale of The Ellington, a 212-unit, transit-oriented development. Completed in 2016, the community includes 25 affordable residences.
Goldman Sachs Buys AZ Luxury Property
The 341-unit Hanover Mill Avenue was purchased from The Hanover Co. and is situated three blocks from Arizona State University, within walking distance of the Metro Light Rail.
CT Community Lands $53M Refi
The 468-unit Broadmoor Apartments in Hamden received a 10-year refinancing loan, arranged by Meridian Capital Group.
South Bay Luxury Community Sells for $107M
TH Real Estate has acquired a newly constructed 186-unit asset located in Santa Clara, Calif. Designed by KTGY Architecture + Planning, the property came online in the spring of 2017.
Colliers Sets Records in Sale of 2 Seattle Assets
Both the 23-unit Pomelo Heights and The Willet, comprising 20 small efficiency dwelling units, sold for some of the region’s highest prices per square foot.