Deals
American Assets to Acquire $232M SoCal Community
The 533-unit luxury property in San Diego is 97 percent occupied.
HFF Secures $33M Financing for NJ Development
The first phase of University Place will feature 163-units, 10,000 square feet of ground-floor retail and 20,000 square feet of common amenity space.
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.