Deals
M&M Make Utah’s Largest Property Sale at $93M
The final sale price equates to more than $225,000 per unit.
Toro Real Estate Nabs SC Apartments
The 160-unit property brings the firm’s area footprint to 600 units.
HFF Arranges $106M Construction Loan for 70 Rainey
The condominiums represent Sackman Enterprises’ entrance into the Austin market.
Colliers Sells Phoenix Apartments for $19M
Solano Terrance includes 18 two-story buildings totaling 288 units with studios and one- and two-bedroom floor plans.
CBRE Leads Sale of Orlando Community
Pensam Capital acquired the 220-unit Stonecastle Apartments for an undisclosed amount.
REIT Pays $45M for 256-Unit Austin Community
Canyon Resort at Great Hills traded for roughly $173,830 per unit.
Honey Hill Apartments’ First Sale
The new ownership group plans to invest $3 million in capital improvements in the first 12-18 months.
Princeton Enterprises Nabs Richmond-Area Community
Webster Court in Petersburg traded for roughly $18,750 per unit.
29SC Nabs Second Louisville Community
The firm purchased Willowbrook Apartment Homes, a 112-unit property, from Mulloy Properties for $6 million.