Deals
City North at Sunrise Ranch Changes Hands
Alliance Residential Co. will handle property management responsibilities.
Downtown Portland Community Sells for $23M
Grand Peaks Properties of Colorado acquired the property for $282,530 per unit.
Berkadia Arranges $115M Sale of Orange County Community
The buyer plans to update the 292-unit Amerige Pointe, which is located within a historic master-planned community.
Transwestern Brokers Sale of Dallas-Fort Worth Communities
The two properties are the Residence at Midtown Apartments, a 296-unit community located in Dallas, and Vistas at Lake Worth, a 265-unit community in Fort Worth.
TDT Disposes of Hayward Asset, Doubles Original Investment
The seller invested roughly $1 million in improvements at the 68-unit community.
29SC Lands First Property in Louisville
The firm plans to invest $800,000 in the renovation of the 80-unit property.
Cushman & Wakefield Arranges $31M Sale in Tennessee
PointOne Holdings will rebrand the 260-unit Class A community as Hunters Point.
Wood Partners Unloads Class A Dallas Community
HFF facilitated the sale and secured acquisition financing for Alta Farmers Market, a newly built, 313-unit community.
JRK Expands Portfolio with 11-Acre Community Buy
Trillian Heights will go through an upgrade program centered on unit interiors.
New York’s Multifamily Sales Took a Summer Dive
Though August was the weakest month of 2016 in terms of total transactions value, experts predict a strong end-of-year for the Big Apple multifamily market.