Deals
Insula Cos. Hits $100M in Apartment Acquisitions for 2016
The firm has provided investors with a portfolio of more than 5,000 units and $450 million in assets in Florida multi-housing communities.
TruAmerica-Ares JV Snags $236M Portfolio
Totaling 1,402 units, the six Greater Baltimore properties are located near major military, government and corporate employers.
Dougherty Mortgage Leads Sale of San Antonio Community
The firm closed a $9.3 million Fannie Mae acquisition loan for the 17-building asset located in the East Side submarket.
Oak Coast Properties Acquires Denver Property for $129M
The transaction represents the largest deal to date for the company.
HFF Sells New Rochelle Luxury Tower for $149M
The property, purchased debt free, has 6,000 square feet of ground-floor retail, a 422-space parking garage and the rights for the development of an additional 40-story residential tower.
Gingko Residential Nabs NC Condos
The acquisition marks the firm’s first higher-end, mixed-use property in its portfolio.
Colorado Investor Expands in Indianapolis
Monarch Investment & Management has acquired Brookwood Apartments from Ardizzone Holding.
Marcus & Millichap Secures West Palm Beach Sale
The 156-unit apartment community is located in one of the most dynamic rental locations in West Palm Beach.
Alliance Acquires Site for Pearl District Apartments in Portland
The company is building a 147-unit, market-rate apartment building, Broadstone Reveal.
Carroll Organization Completes Sale of 8-Property Portfolio
The company has purchased 32 properties totaling more than $1.5 billion since the beginning of 2015.