Deals
JLL’s Capital Markets Completes Villa Espada Apartments Sale
The 240-unit community is the first market-rate asset in San Antonio’s Mission del Lago area, which has historically only seen affordable housing.
153-Unit Community Trades in Philly Suburb
Completed in 1932, Shirley Court is presented as a value-add opportunity in a tight market.
Decron Lays Out $96M for Orange County Community
The company acquired the 349-unit Adagio at South Coast, which will undergo a major interior and exterior renovation.
Marcus & Millichap Oversee Ft. Laudy Multifamily Deal
The Gardens at Coral Springs consists of 30 two-bedroom units.
Dougherty Mortgage Closes $4.3M Loan for 160-Unit Dallas Community
Dougherty’s Minneapolis office arranged the loan for borrower Stonewood Terrace Apartments Ltd.
Orange County Community Refinanced by Hunt Mortgage Group
The refinanced Fullerton community currently operates at more than 90 percent occupancy.
Welltower Nabs $1.1B West Coast Senior Housing Portfolio
The acquisition brings Welltower’s portfolio to 114 health care properties, making it the largest owner of senior housing in California.
Greystone Provides $107M for Texas Portfolio Acquisition
The portfolio includes a half dozen Texas properties situated within the Dallas-Fort Worth Metroplex.
Cohen Financial Lands $26M Loan for San Francisco Area Community
The 80-unit property is California Landmark Group’s first acquisition in Northern California and underwent a complete renovation in 2014.
ARA Newmark Closes Sale of Two-Property South Texas Portfolio
Both communities, The Heritage and Mirada, offer value-add opportunities for the new owners.