Deals
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.
Arrimus Buys Student Housing Community, Adds Partner
In a deal arranged by CBRE, the company paid $63.7 million to acquire the Class A asset to acquire the Class A asset in Denton, Texas, from Parkland Development.
HFF Facilitates Acquisition Financing for Apple Creek
At the time of the deal, the asset was 98 percent leased.
BSR Trust Enters Northwest AR Market
The company purchased Mountain Ranch Apartments, a 360-unit community in Fayetteville.
Marcus & Millichap Sells Dallas Community
The new owner plans a multi-million-dollar renovation.
CDP Expands West Coast Portfolio
The company has acquired three affordable communities in Las Vegas and Salem, Ore.
Towne Properties Acquires Raleigh Community for $21M
Built in 1986, Regency Place Apartments includes 180 units.
Preiss Adds to Its Student Housing Portfolio
The operator acquired two communities totaling more than 1,100 beds.
Triumph Acquires Denver Asset for $26M
The 144-unit community marks the company’s first acquisition in the area.