Deals
URS Capital Partners Nabs Distressed Apartment Community
The company plans to invest $4 million in the property’s renovation, crucial to an extensive rebranding process that will include renaming the community as The Flats at East Atlanta.
Preferred Closed the Sale on 2 Communities Totaling $114M
The properties, located in Kansas City, Kan., and Atlanta, have an annualized return of 19.1 percent.
Berkshire Lands $73M NC Luxury Community
The Boston-based company is the new owner of Alexan Chapel Hill, a 265-unit property on the edge of the Research Triangle. Take a virtual tour of the building with our slideshow.
Bascom Group Nabs $94M Orange County Community
The company plans to upgrade and modernize the 406-unit infill asset, which was built in 1972.
Xin Lands $108M Loan for Manhattan Condo Project
The seven-story project will offer 82 units and 36,053 square feet of retail on the former site of a gas station and convenience store.
Greystone Brown Real Estate Brokers Sale of Atlanta Community
The buyer acquired the property for $6.1 million and plans to invest $10,000 per unit in renovations.
JLL Provides $208M for Baltimore County Value-Add Deal
Morgan Properties purchased the six-building, 1,979-unit portfolio.
Capital One Closes $10M Fannie Mae Loan for SoCal Community
Positive Investments secured the seven-year floating-rate loan to purchase a 116-unit community in Modesto, Calif.
Venterra Realty Acquires Texas Community
Upon closing, the Class A property was 94 percent leased.
Atlanta Student Housing Community Trades for $22M
Cushman and Wakefield represented AH Capital in the sale of the 500-unit off-campus community to Asia Capital Real Estate.