Deals
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.
Nitya Capital Acquires 6 Communities in Houston
The transaction marks the largest transaction in the company’s history.
NexPoint Residential Expands Houston Presence by 924 Units
The recently-acquired portfolio presents value-add opportunities.
29SC Acquires Jacksonville Riverfront Community
The new owner plans to rebrand the asset and execute a $2 million renovation plan.
GSP Secures $41M Financing for Colorado Acquisition
The loan for the Class A community in Colorado Springs was provided by Walker & Dunlop.
The Siegel Group Grabs Sin City Apartment Community
The property that will be rebranded as Siegel Suite Boulder III marks the company;s third asset on Boulder Highway.