Deals
C&W Closes Sale of FL Senior Housing
Chicago Pacific Founders acquired Camellia at Deerwood, a 189-unit independent living, assisted living and memory care facility in Jacksonville.
Marcus & Millichap Arranges Sale of IL Prospective Development
Richard Kozarits, Tami Andrews, Joseph Sigal and Richard Lynn were all part of the team involved in the $7 million sale of parcels totaling 35,000 square feet. The land will be used to build The Albion at Evanston, a luxury community in Evaston.
Greystar Nabs Class A Community in Seattle
Zig Apartments features 170 residential units and ground-floor retail. Amenities include a fitness center, a business center and 108 parking spaces.
TruAmerica Nabs Orlando Asset for $53M
McDowell Properties sold the 362-unit gated community. The new owner plans to renovate the building.
Tucson Asset Trades for $12M
The city has seen numerous firms invest in the area over the past few years, creating extensive job opportunities across multiple industries.
Garden Community Fetches $28M in Birmingham
The acquisition of the 24-building property was funded by a 12-year, $20.7 million loan held by Fannie Mae.
Sares Regis Snags $39M Seattle-Area Asset
IPA arranged the sale of Monterra in Mill Creek, a 139-unit community located north of downtown Seattle, in Snohomish County.
Denver Mixed-Use Trades for $25M
Transwestern represented the seller, Allante Properties, in the disposition of Highland Place, which features 68 units and five retail stores.
Sunroad Enterprises Nabs 320-Unit Vegas Asset
Prime Group sold Avery Park in a deal facilitated by HFF. The new owner is set to renovate the property’s common areas and unit interiors over the next two years.
North CO Community Changes Hands for $15M
The 108-unit property includes amenities such as a heated pool, a clubhouse with a business center and a fitness center.