Deals
Atlanta Apartment Community Trades for $32M
The acquisition is Castle Lanterra Properties’ first in the Atlanta market.
Illinois Skilled Nursing Portfolio Trades for $29M
CareTrust REIT has acquired five skilled nursing facilities and entered into a new tenant relationship with WLC Management.
Beachfront Tampa Community Trades for $73M
The 400-unit property was 94.8 percent occupied at the time of the transaction.
Robbins Electra Adds 3 New Assets to Southeast Portfolio
The company plans to make upgrades to the properties, which total 898 units located in Georgia and Florida.
Chicopee Foreclosed Affordable Housing Sells for $150K
The Valley Opportunity Council was the only bidder on the auctioned property.
AvalonBay Sells $117M Community in DC Area
The 684-unit Eaves Gaithersburg was built in 1974 and last changed hands in 2010, for $101 million.
HFF Secures $11M Financing for 2 Walnut Creek Communities
HFF acted exclusively on behalf of the borrower, PTLA Real Estate Group.
JV Lands 3 Dallas-Area Communities
Olympus Property and Artemis Real Estate Partners acquired Olympus Town Center, Olympus Stone Glen and Olympus Waterford, all in Keller, Texas.
Jonathan Rose Cos. Acquires Forest City Realty Trust’s Affordable Housing Business
The deal includes 48 communities in seven states and is valued at $500 million.
CBRE Arranges $36.1M Financing for Unicorp
The 258-unit Zen Living community is more than 75 percent leased.