Deals
Transactions: May 2022
A short list of recent major investment sales and financings from coast to coast.
Rane Lands $70M Loan for New York Community
The second phase of the 376-unit project is slated for completion later this year.
RealSource Launches $390M REIT
The initial portfolio comprises 10 assets totaling 2,897 apartments across four states.
Bridge Investment Group Acquires $202M Portfolio
Institutional Property Advisors represented the seller and procured the buyer.
JLL Income Property Trust Buys Orlando Property for $154M
The community was more than 97 percent occupied at the time of sale.
GMF Capital Sells Tampa Community for $91M
Square Mile Capital provided a $67.6 million loan for the buyer.
Redwood Capital Sells Minnesota Apartments for $107M
Mesa West Capital provided an $85 million acquisition loan.
Sonida Senior Living Lands $80M Refi
Greystone arranged the loan package for 10 properties across five states.
Blackstone’s Plan to Take ACC Private
Valued at $12.8 billion, the student housing firm will have perpetual capital to continue growing its portfolio.