Deals
$250M JV Acquires Tucson Property
The Bascom Group and affiliates of Oaktree Capital Management plan a major renovation for the 252-unit community.
HFF Secures $47M OR Sale
The company represented Guardian Real Estate Services and Broadreach Capital Partners in the deal for the northeast Portland asset.
MACC Venture Partners Closes $100M Agreement with IBS Investment Bank
The new fund will provide equity for the company’s purchases of Class B multifamily assets.
Lennar Acquires WCI Communities for $643M
The purchase includes a portfolio of land totaling 13,700 home sites located in large, high-growth coastal Florida markets.
ORION Brokers Phoenix Community Sale
Jevan Capital purchased Desert Place Apartments, a 260-unit community in the Northwest Phoenix submarket.
ARA Newmark Closes Sale of Texas Portfolio
The four-community portfolio presents significant value-add opportunities for the new owner.
Colliers Completes Sale of Phoenix Portfolio
The assets comprise 700 units that are 95 percent occupied.
IPA Closes $127M Sale of Portland’s Yard Tower
The LEED Silver-certified development was completed in August 2016 and sold with 50 percent of the apartments leased.
Cushman & Wakefield Arranges $59M Sale
The firm represented Watkins Real Estate Group in selling TreePark, a 456-unit community located northeast of Atlanta.
JV Acquires Seattle Community for $141M
Including this new acquisition, Kennedy Wilson now has ownership interests in 10,430 units across 41 communities in Washington state.