Deals
Robbins Electra Acquires Second Atlanta Community
The company plans to carry out a multimillion-dollar renovation on the property.
Marcus & Millichap Nets $81M for TX Portfolio
The six communities are located in Haltom City, Mesquite, Garland, Irving, Commerce and Waco.
Metro Phoenix Community Trades for $20M
The 320-unit community in Mesa was 93 percent leased when it was acquired by INCO Real Estate Co.
JV Procures KS Luxury Community
Fogelman Properties and DRA Advisors acquired Sandstone Creek Apartments in Overland Park for $48.1 million.
Marcus & Millichap Closes $500K/Unit Deal
The property is located in the Miracle Mile submarket of Los Angeles.
Affordable Housing Community in Philly Changes Hands
HFF worked on behalf of PV Associates to market and sell the 41-unit property.
ARA Lands Luxury Community in Chicago’s West Loop
The Madison at Racine, a 216-unit property, was almost fully occupied at the time of purchase.
Triumph Enters Denver Market
The company acquired Villas at Holly, 143-unit community, for $26 million.
Transactions: March 2017
by Mallory Bulman The following is a list of transactions that were announced between Nov. 30, 2016, and Jan. 24, 2017. To have your transaction featured, submit details to mallory.bulman@cpe-mhn.com Originally appearing in the March 2017 issue of MHN.