Deals
CIM Group, Tides Equities Buy Phoenix Apartments for $255M
A capital improvements plan is underway for the 1,000-unit property.
Transactions: March 2022
A short list of recent major investment sales and financings from coast to coast.
Brooklyn Tower Secures $240M Loan
H.I.G Realty Partners originated the financing for the 43-story project.
A&E Acquires Queens Community for $130M
Comprising more than 1,000 units, the asset is under new ownership for the first time since 1983.
MWest Holdings Buys Long Beach Community
Ensemble Investments was the developer of the 94-unit property.
SmartStop, Strategic Storage Merge in $280M Deal
The combined portfolio comprises 150 properties across multiple states.
Leste Group, GVA Management Buy $380M Portfolio
Five communities comprising more than 1,600 units are under new ownership.
Broad Street Realty to Acquire Virginia Community for $122M
The investor previously served as the asset’s development manager.
CPP Investments, LMC Form $980M Joint Venture
Plans call for developing Class A communities in high-growth markets.
FCP Buys Atlanta Townhomes
Berkadia represented the buyer in its purchase of the 220-unit property.