Deals
JMG Realty Moves out of VA Luxury Student Housing
JMG Realty sold North 38, a 228-unit, 816-bed luxury student housing community at James Madison University in Harrisonburg, Va.
Kiser Group Brokers Chicago Community Deal
The firm’s Principal & Managing Broker Lee Kiser together with Broker Associate Rick Ofman represented the seller in the $3.6 million transaction.
CBRE Arranges Sale of Affordable Property in Dallas
Dominium Development and Acquisition purchased Rosemont at Timber Creek from Cascade Affordable Housing. Jeff Kunitz, Alex Medeiros, Chris Deuillet and Chandler Sims of CBRE represented the seller in the transaction.
CapStack Increases Nashville Footprint
The firm teamed up with MACC Venture Partners to acquire three garden apartment communities totaling nearly 500 units across the city.
CBRE Brokers Sale of Koreatown Project Site
The plot at the corner of 8th Street and Harvard traded to Jamison for $14 million. The site is fully entitled for the construction of a transit-oriented development.
Orion Acquires Austin Community
CBRE arranged a 10-year fixed rate loan through the Fannie Mae Green Financing program for the acquisition of the 199-unit property.
Jonathan Rose Buys Affordable Denver Asset
The 13-story, 188-unit Juanita Nolasco Apartments was completed in 1972 and is income-restricted to very low-income elderly and disabled residents.
Marcus & Millichap Arranges Sale of 158 units of Park Village
The community, located in Largo, Fla., consists of 160 units, 158 of which traded for $20 million, or $130,000 per unit. The firm represented both the buyer and seller.
BLVD Capital Acquires $26M Affordable Housing Portfolio
The two affordable housing properties in Chicago contain more than 300 units and are located near major highways and public transportation options.
San Diego Affordable Community Breaks Ground
Affirmed Housing Group is developing Bluewater, an 80-unit affordable housing community that marks the firm’s third project in San Diego’s Grantville neighborhood.