Deals
Taurus Snags $34M Raleigh Community
Acquired from Chaucer Creek Capital, the 23-year-old property in the city’s Northwest submarket is slated for a major makeover.
Pathfinder Expands Portland-Area Footprint with Sixth Acquisition
The company purchased The Habitat, an 85-unit community previously owned by Fowler Property Acquisitions. Cody Hagerman and Greg Fink of Portland-based HFO Investment Real Estate brokered the $15 million transaction.
Tucson Community Trades for $38M
ROC Senior Living acquired Mission Palms from Stoneweg US. The property’s value rose by 46 percent since the last time it traded in 2013.
Taurus Lands First NC Property for $34M
The investment firm purchased Olde Raleigh, a 228-unit community in Raleigh, N.C. Chaucer Creek Capital sold the asset after four years of ownership.
ABI Brokers Sale of 2 Phoenix Communities
The company has arranged the disposition of the 51-unit New Horizons Apartments and the 27-unit Country Club Apartments.
Inland Lands 332-Unit AL Community
A nonlisted multifamily REIT sponsored by the company purchased The Verandas at Mitylene in Montgomery for $37 million. The asset was formerly managed by Flournoy Properties.
Praedium Group Snags $57M FL Asset
The company acquired the 300-unit Views at Harbortown in Jacksonville, Fla., which features one-, two- and three-bedroom floorplans ranging from 713 to 1,570 square feet.
Denver Gateway Park Apartments Changes Hands
Gateway Park Apartments consists of 328 units ranging in size from 705 to 1,177 square feet. The property is situated near downtown Denver and Denver International Airport.
JLL Arranges 430-Unit Vegas Sale
Monogram Realty Trust sold Veritas Apartments in a transaction completed by JLL Vice Presidents John Cunningham and Charles Steele. Farnam Realty acquired the asset.
Berkadia Leads Sale of 192-Bed Kansas Community
The company arranged the $6.9 million sale on behalf of the seller. The 84-unit student housing property services Butler Community College.