Deals
Morgan Properties Reaches for a $316M ‘Star’
Berkadia negotiated the sale of the portfolio, which comprises more than 2,800 units in four states.
Interwest Snags Suburban Miami Property
The combination of condos and apartments went for $75.5 million.
Security Properties Snaps Up Another Phoenix-Area Apartment
The company now owns five assets in the market.
Philadelphia Portfolio Sells at Aggressive Cap Rate
The properties are located in the Rittenhouse Square, Fitler Square and Washington Square West neighborhoods of Center City.
MRP Realty, Kruger Reshape Historic Corridor in Washington DC
The 112-unit apartment building on the H Street corridor is set to open in 2018.
Clearwater Senior Living, Berkshire Form Partnership
Initial equity commitment of the joint venture is expected to generate more than $500 million in gross asset value.
Eastern Consolidated Leads $41M Sale of Queens Community
The 167-unit community is fully occupied and located near major retailers like Apple and Macy’s.
$45M Bridge Loan Earmarked for Tampa Acquisition
Ilan Investments used the financing to purchase a 38-building portfolio for $58 million.
Marcus & Millichap Arranges Sale of Miami Apartments
The 33-unit building changed hands for roughly $1.3 million.