Deals
JLL Lands $14M to Preserve Miami Affordable Housing
The financing will allow Phoenix Apartments Venture to acquire and rehabilitate a 164-unit community in the Miami area, while maintaining the property’s affordability.
Two Tampa Communities Trade for $27M
Berkadia has facilitated the sale of Newport Villas and Pinetree Apartments, two value-add properties.
Berkadia Lends a Hand in Central Florida
The company facilitated the sale of the Veridian Townhomes and Savannahs at James Landing communities, both of which were more than 95 percent occupied upon closing.
New Owner, New Name for Kansas City Property
Carroll Organization expands with the off-market acquisition of The Avenues at Overland Park.
Metropolitan Capital Advisors Names Exclusive Advisor for Dallas Community Sale
Metropolitan Capital Advisors selected Greysteel to market Herschel Manor’s sale.
Spanish Revival Mixed-Use Asset Trades Hands in Koreatown
The sale of the 88-year-old property was brokered by Charles Dunn representatives.
Cedar Grove Capital Nabs 26-Acre Charlotte Community
ROSS Management Services will be the property manager for Montclaire Estates, marking its ninth partnership in the last year with Cedar Grove.
Ginkgo Residential Buys 128-Unit Parkwood East Apartments in Charlotte
The garden-style community is located near the new master-planned, mixed-use community Meridian Place.
Berkadia Completes $11M Sale of Indianapolis Community
An out-of-state investor is the new owner of Willowbrook Lake Apartments, a 392-unit community at 4803 Round Lake Road in Indianapolis.
Passco Sells Atlanta Multifamily Asset
Following a rebranding, as well as extensive interior and exterior upgrades, the company sold the asset well above what it paid for it six years ago.