Deals
Vesper Holdings, Prospect Capital Invest in Student Housing
The multi-state portfolio includes communities located near Division I universities.
Shopoff Realty Pays $72M for Vegas Apartment Community
The company plans to invest more than $6 million in improvements at the 624-unit community.
HFF Closes Sale of 936-Unit Community in Southwest Florida
Starwood Capital Group acquired Gulfstream Isles free and clear of existing debt from Waterton Residental.
Bascom Nabs Prescott Lakes Senior Community for $18M
The property was build in 2003 and is situated within the Prescott Lakes master-planned community in Prescott, Ariz., approximately 100 miles north of Phoenix.
L.A.-Area Community Trades for $67M
Pacific Urban Residential acquired IMT Thousand Oaks for more than $350,000 per unit.
Orlando Student Housing Changes Hands for $18M
Chance Partners acquired the 384-bed student housing facility from Taurus Investment Holdings, in a deal facilitated by Berkadia.
Golub, Alcion Grab One East Delaware in Chicago
The 306-unit luxury community reportedly fetched as much as $145 million.
Steadfast Grows Texas Portfolio with 334-Unit Community
The new owner plans to upgrade 75 percent of the apartments, as the rest already offer high-end finishes.
Colliers Closes Mission Hill Multifamily Transaction
The 32-unit Boston community traded for a little over $300,000 per unit.