Deals
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.
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.