Deals
Lee & Associates Arranges SoCal Sale
In a tax-deferred transaction, SOMA Realty sold a 16-unit multifamily asset in Pasadena, Calif. Principal George Yessaie represented the buyer.
Bluerock Sells San Antonio Apartments via 1031 Exchange
A division of the firm purchased the 320-unit Class A community, which is located within The Dominion Country Club, last October.
IPA Arranges Record-Breaking Sale of CA Community
The 192-unit Via Ventura changed hands for $74 million, the highest price per unit for a multifamily property in Ventura, Calif.
Stellar Management Expands NYC Portfolio
The firm acquired a 42-unit building in Hamilton Heights, making it the owner of 37 percent of the residential properties along a five-block stretch of Broadway.
Dougherty Delivers Dallas Loan
Short-term bridge financing aided the purchase of Rosemont at Timber Creek, a 2002-built, 100-unit community that will be rebranded Beckley Townhomes.
Cortland Partners Nabs Orlando Property for $59M
Situated in one of the city’s fastest-growing submarkets, the 288-unit asset is LEED-certified and was recently rebranded.
Atlanta Community Changes Hands for $19M
Berkadia brokered the sale of Azalea Ridge, a 281-unit property, and secured a $14.3 million acquisition loan through Freddie Mac.
American Landmark Buys 586-Unit Atlanta Community
Berkadia arranged financing on behalf of the company for its acquisition of Madison at River Sound, located in the Lawrenceville submarket.
Campus First Grabs FL Student Community
The recently opened Class A property, located within one mile of University of Florida and numerous retail options, traded for $43.9 million.
Levin Johnston Brokers Sale of 2-Property Portfolio
Belview Heights and Casa Belview in Belmont, Calif., traded for approximately $27 million. The firm represented both parties in the transaction.