Deals
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.
Marcus & Millichap Arranges Sale of Senior Housing Asset
The property was renovated in 2012 and has a historic occupancy of at least 90 percent.
Suburban Boston Community Changes Hands and Name
CBRE facilitated Mill Creek Residential’s acquisition of a 171-unit, garden-style apartment community in Quincy, Mass.
Bridge Partners Scoops Up $45M Wine Country Apartments
The community is located in Santa Rosa, a market where strong multifamily rent growth and occupancy rates are attracting investors.
HFF Closes $31M Philly Area Sale
The Edge at Greentree, a garden-style community near the Delaware-Pennsylvania border, sold to a private group.
Pathfinder Closes Portland Sale
The San Diego-based company traded Calico Townhomes, a recently renovated 18-unit community.
HFF Leads $13M Sale of Philly Apartments
Lennox Apartments, a 156-unit apartment community in Mount Airy, sold to a private New York-based group.
812-Unit Arizona Portfolio on the Market
The combined 812 units are dispersed among Summit Vista and Crescent Ridge in Tucson and Port Royale in Sierra Vista.
Capstone Closes $15M Refi on 362-Unit Louisville Community
The owners of the property decided to refinance the existing debt plus the significant renovations it made to the property.