Deals
Griffis Residential Buys Metro Seattle Apartments
The property last changed hands in 2013 for $88 million, or roughly $168,000 per unit.
Bluerock Residential Scores $68M Atlanta Community
The Nevadan Apartments are located the heart of Central Perimeter in Sandy Springs, Atlanta’s largest office market and the future home of Mercedes-Benz’s U.S. headquarters.
ARA Newmark Brokers Sale of SC Student Housing Facility
Holder Properties sold Aspyre at Assembly Station to an out-of-state investor for $56 million.
AIG Global Taps Franklin Johnston to Manage 11 Properties
The Virginia and North Carolina properties add 1,174 units to Franklin’s management portfolio.
PointOne Holdings Buys Tennessee Community for $31M
The company plans to invest $650,000 in capital improvements in its first acquisition in the Chattanooga market.
Greystone Preserves Affordable Housing in $130M Deal
The firm secured the financing needed to acquire and rehabilitate 1,058 at-risk affordable housing units in Florida.
400-Unit Affordable Housing Portfolio Changes Hands in Florida
Harmony Housing acquired the two affordable housing assets from Leland Enterprises, in a deal facilitated by Marcus & Millichap.
Monument Capital Management Scores Two SC Properties
Park West Apartments and Magnolia Townhomes add 457 units to the company’s portfolio.
Dallas Mid-Rise Community Lands $43M Acquisition Financing
HFF secured the $43 million financing on behalf of Pure Multi-Family REIT LP for the acquisition of a community worth $71 million.
Rittenhouse Realty Sells Philly Apartment Building
Located in one of the hottest submarkets in the city, the asset was sold for a top per-unit price.