Deals
Prospect Capital REIT Makes Profitable Exit in Georgia
The company sold its Abbington Pointe community for $37 million.
NAI Capital Sells LA Residential Hotel for $12M
The Olympic, a 172 micro-unit building, was converted to apartments in 2013.
Oak Coast Properties Expands Denver Portfolio with $129M Deal
The company purchased Pembrooke on the Green Apartments, a 959-unit property.
Legacy Partners Closes Sale of Seattle-Area Apartments
The 117-unit asset is reportedly the most amenitized apartment community in Redmond, Wash.
New York-Based Firm Goes Shopping in Jacksonville
A Quad Property Group affiliate acquired The Forest for $4.1 million in Jacksonville’s Westside neighborhood.
JVM Acquires Luxury Apartment Community
Offering one- and two-bedroom apartment homes, The Aventine community will undergo an interior and exterior renovation.
Berkadia Facilitates Affordable Community Sale in Miami
The company arranged the $14 million sale as well as an $11.3 million acquisition loan.
Berkadia Arranges $28M Sale of Arizona Community
The 254-unit property was acquired by FW Group from seller Prime Residential.
Griffis/Blessing Pays $33M for Glenbrook Apartments
The new owner plans to invest in improvements at the 252-unit, garden-style community.
Cushman & Wakefield Sells Michigan Senior Housings
The suburban portfolio comprises three properties totaling 371 units.