Deals
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.
Berkshire Sells 1,088 Units in MD
The transaction marks GoldOller’s first foray into the D.C.–Baltimore area.
The Hanover Co. Receives Financing for Houston Property
The 30-story Hanover Post Oak tower was completed in December 2014.
DC-Area Community Changes Hands in $55M Deal
The property last traded for $6.6 million, nearly two decades ago.
Fund Completes Sale of Chelsea Commons
Timbercreek U.S. Multi-Residential Opportunity Fund #1 sold a 250-unit community in Chapel Hill, N.C.
HFF Secures $26M Loan for Nevada Apartment Community
The company secured financing through Freddie Mac’s CME Program.