Deals
Rohcs Management Completes First Phoenix Buy
The California-based company made its first acquisition in Glendale, Ariz., aiming to capitalize on the Phoenix MSA’s growing workforce housing demand.
CBRE Brokers $18M Sale of Seattle Community
Remi Apartments, located near Lake Union in the Eastlake neighborhood, features 34 residential units and 5,238 square feet of ground-floor retail.
Tampa Property Sells for $42M
Institutional Property Advisors arranged the sale of Hanley Place Apartments on behalf of the seller, Axonic Properties, and procured the buyer, NorthEnd Equities.
WINLYND Buys TX Student Housing
The company plans to renovate Village at Lamar, a 384-bed and 96-unit property that serves students of Lamar University in Beaumont.
WA Affordable Community Changes Hands for $19M
The 164-unit College Glen Apartments is an affordable community located in Thurston County, an area experiencing one of the highest rent growths in the region.
Harbor Goup Sells $25M MD Community
Annen Woods is located near the Baltimore Beltway and includes 131 units across 11 three-story buildings. The new owner is planning to upgrade 90 apartments and several common-area amenities.
Praedium Group Snags Minneapolis Community
Maverick North Loop Apartments comprises 168 units across two buildings and 5,095 square feet of ground-floor retail, half of which is currently leased to Starbucks.
Hopkins Holding Acquires GA Student Housing
Capital One provided a $19.3 million Fannie Mae loan for the firm’s purchase of The Blake, a 270-bed community in Savannah.
Gelt Buys 491-Unit Seattle Portfolio
The seller, FPA Multifamily, recently renovated interior and exterior amenities, including the clubhouse, the fitness center and the parking lot of both properties.
ABI Multifamily Brokers Sale of 110-Unit AZ Asset
A partnership between MJW Investments and Tide Equities plans to rebrand the recently renovated Tempe property, which comprises a total of 97,890 rentable square feet.