Deals
Passco Acquires Luxury Savannah Community
Mariner Grove comprises 320 units. Amenities include a saltwater pool with sundeck and cabanas, fitness complex, pet park and free parking.
Cortland Partners Enters Nashville With $70M Acquisition
The company purchased a newly built, 322-unit community on the southwestern side of the city, located off of Interstate 40.
Top 10 Atlanta Submarkets by Sales Volume
Transactions closed in 2017 across these 10 submarkets alone exceeded $2.2 billion, pointing to another very strong year for multifamily investment in the metro.
CBRE Secures $25M MN Community
Granite Woods Minneapolis purchased the 192-unit property, which is located in Plymouth. Brokers Keith Collins, Abe Appert, Ted Abramson and Ike Hoffman negotiated the transaction.
ARA Newmark Closes Sale of $100M Denver Community
Vice Chairmen Terrance Hunt, Shane Ozment, Jeff Hawks and Doug Andrews, and Executive Managing Director Chris Cowan represented Columbus, Ohio-based developer Edwards Cos.
JV Snags 28-Property Portfolio in Sunbelt Region
Acting on behalf of Carroll Multifamily Real Estate Fund V, Carroll Organization and PGIM Real Estate purchased the assets from affiliates of Lone Star Funds.
Vegas Assets Trade for $115M
LivCor purchased Broadstone Flamingo West and Broadstone Talavera, which comprise a total of 674 units and are located in the eastern part of the metropolitan area.
Baton Rouge Property Lands $24M Refi
Greystone has secured a HUD-insured permanent loan to refinance Highland Club Apartments. The owner, Ed Kramer, plans to renovate the property.
Mortar Arch + Dev Nabs Brooklyn Development Site
The developer plans to begin work on a new, five-story condo development at the Greenpoint site, beginning in the winter of 2018.
PAC Buys 840-Bed Student Housing
The 42-building community in Waco, Texas, serves students attending Baylor University. Preferred Campus Management manages the asset.