Deals
Berkadia Completes Sale of Two Las Vegas Communities
The two multifamily properties totaling 620 units traded for a combined price of $22.8 million.
Legacy Partners Expands Seattle-Area Footprint
The 3.80-acre retail property in Redmond has the capacity to house more than 600 residential units upon redevelopment.
Admiral Capital, McCann Realty Nab NC Property
The joint venture partners acquired Springfield Apartments, a 288-unit community in Durham.
Midcap Financial Secures Refi for Georgia Lofts
The company provided a $6.4 million loan to recapitalize the original financing.
Olympus Property Expands Arizona Footprint
The 194-unit Vive was completed in 2014 and is located within Chandler’s South Price Corridor.
L5 Investments JV Lands $17M KC-Area Community
The new owner of the 289-unit Lenexa Pointe is planning a $6 million renovation process.
TGM Snags Second Sarasota Community for $70M
The company plans to refurbish all apartment interiors at the 386-unit TGM University Park.
CBRE Kansas City Closes 5 Multifamily Sales
The communities add up to 1,368 units and traded for a total of $113 million.
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.