Deals
TruAmerica, Investcorp JV Executes 5th Acquisition
The investment managers purchased the L.A.-adjacent, 552-unit apartment community for $92 million, their fifth and largest joint venture transaction in two years.
Marcus & Millichap Lends a Hand in Tampa
The 100-unit multifamily property changed hands for $6.4 million.
HCP to Sell Portfolio of Brookdale Communities for $1B
The transactions are expected to close in various stages by the end of 2017.
TA Realty Snags $67M Boston Property
The real estate investment manager acquired Hanover at Vinnin Square, a 184-unit luxury property, on behalf of a state pension fund.
Hercules Living Buys Georgia Apartment Communities for $64M
The newly acquired assets total 469 multifamily units.
London’s Biggest Deal Since Brexit Officially Closed
New Scotland Yard site handed over to new owners for the development of a mixed-use project comprising six high-rises.
Clayton Nabs Largest Homebuilder in KC
The company acquired all operating assets of Summit Custom Homes.
Berkadia Closes Sale of Historic Community in San Diego
The asset is located in the historic neighborhood of Bankers Hill.
Pensam Residential Acquires Denver Landmark Community for $350M
The price sets a new record for Colorado and is the second highest paid for a single multifamily asset in the U.S. this year.
Atlanta Community Sells for $72M
The 400-unit Two Blocks is adjacent to Atlanta’s largest office market, Perimeter Center.