Deals
Interra Realty Closes Sale of Vintage Chicago Community
The 12-unit Avondale multifamily property sold for $2.8 million. The price per unit set a new record for vintage apartment buildings in the neighborhood.
TMG Facilitates Sale of California Community
The property located in Visalia, Calif., traded to a Santa Barbara-based private investment group for $19.2 million, which equates to $131,507.
Prana Investments Buys 3 in LA for $18M
The portfolio acquisition is a value-add transaction, with the firm planning to invest in renovations at the communities.
AZ Asset Trades for $20M
Completed in 1990, the 312-unit Rio Santa Fe Apartments is the second-largest community in Yuma and is located within easy reach of several retail and dining options.
Marcus & Millichap Brokers Sale of FL Community
The firm arranged the sale of the 44-unit Golf Meadow in Fort Myers, Fla. on behalf of the seller, a private investor.
Marcus & Millichap Arranges 4-Property Portfolio Sale
The Orange County portfolio, which includes a total of 214 units in Santa Ana, traded to an affiliate of Empire USA for $42.5 million.
Tryko Partners Buys Philly-Area Skilled Nursing Facility
The 129-bed facility, located next to the Fitzgerald Hospital in Yeadon, Pa., provides post-hospital care, short-term rehab and long-term residential care.
Atlantic | Pacific Expands in Atlanta With $36M Buy
The company used its Blue Atlantic Partners II investment fund to acquire the 240-unit asset, and it plans to renovate the property.
American Landmark Snags 1st Ft. Lauderdale Community
The firm plans on rebranding the 2002-built Sheridan Lake Club as Beach Walk at Sheridan and investing $4.2 million in property improvements.
ABI Brokers $8M Sale of Lender REO Asset in Phoenix
The buyer plans to invest $1 million in interior and exterior upgrades to improve the property, which is situated across the street from the 19th Avenue/Glendale light rail station.