Deals
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.
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.