Deals
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.
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.