Deals
RADCO Sells GA Community for $61M
The property is situated near Atlanta’s Perimeter, and offers residents plenty of shopping, dining and transit options within short distances.
CIM Snags Apartment Community in Suburban DC
EOS Twenty-One offers 1,180 units across 14 buildings. The asset is part of the Van Dorn Corridor and has undergone recent renovations.
Security Properties Buys $43M Vegas Asset
Martinique Bay received renovations to 91 of its units before being sold off to Security Properties. The company plans to add value to the property by improving the rest of the units and also add exterior upgrades.
Vesper Buys 560-Bed FL Community
The student housing acquisition marks Vesper’s second in the USF market. The property offers a mix of two- and four-bedroom units.
Inland Group Lands $50M NC Community
Inland Real Estate Acquisitions closed the purchase of a 304-unit community in Knightdale, N.C. Senior Vice President Mark Cosenza completed the deal with assistance from Brett Smith, assistant vice president & associate counsel of The Inland Real Estate Group.
ABI Facilitates Sale of AZ Community
The 46-unit community is situated near major employment centers, as well as several schools in Mesa, Ariz. ABI brokered the transaction on behalf of the buyer.
HFF Secures $35M Sale of Orlando Community
Epoch Residential sold the 181,276-square-foot community, which features one-, two and three-bedroom apartment units. The new owner intends to upgrade the property’s amenities and services.
Tucson Asset Trades for $23M
Institutional Property Advisors arranged the sale of the 205-unit community, which received substantial upgrades from the previous owner and will undergo further improvements by the new owner.
SF Garden-Style Community Commands $28M
Arbordale Gardens Apartments, following the previous owner’s exterior renovation work, fetched a price tag of more than $385,000 per unit.
CBRE Arranges WA Community Sale
Cumberland Holdings purchased the one- and two-bedroom community, which is undergoing upgrades to the windows and sliders.