Deals
TMG Sells CA Value-Add Community for $12M
The 200-unit Inland Empire property was built in 1964.
JV Nabs NJ Community for $70M
Summit Hill is the latest of three garden apartment acquisitions in the state by KRE Group.
Orion Leads $25M Sale of Phoenix Community
The transaction was subject to a $17.3 million, 10-year Freddie Mac loan.
RRA Sells 2 Philadelphia Assets for $13M
The two Philadelphia-area assets offer a total of 130 units.
Berkadia Arranges Sale of Arizona Community
Capital Real Estate LLC paid $16.4 million to acquire the 169-unit property in Tempe, Ariz.
Atlanta, Louisville Properties Trade for $74M
Besyata Investment Group and The Scharf Group have purchased two assets totaling 1,033 units.
Greysteel Leads Sale of DC Affordable Community
The 105-unit Tacoma Place changed hands for $14 million.
Abro Secures 2 Brooklyn Assets for $47M
Hudson Cos. acquired the property in March 2014 with a value-add strategy of completing capital projects.
Slideshow: Peak Campus Wins UNH Housing Management
The company will manage a 142-unit community serving University of New Hampshire students.
Cresta Expands Portfolio with Beverly Hills Buy
The Royal Palm, a 45-unit property, was 100 percent occupied at the time of closing.