Deals
Brand-New Senior Living Community Sells in Atlanta Metro
LTC Properties acquired the asset as part of its agreement with Thrive Senior Living to invest in multiple communities.
294-Unit Richmond Community Finds New Owner
Local buyer McCann Realty shelled out nearly $29 million for the Henrico County property.
Fairstead Capital Spends $315M on Harlem Apartments
The company completed one of the largest multifamily deals of the year with the purchase of the 1,790-unit Savoy Park Apartments in Central Harlem.
Ft. Lauderdale Property Trades for Nearly $54M
Parrot’s Landing Apartments features one- and two-bedroom residences with private patios and balconies, vaulted ceilings and a variety of high-end amenities.
Blue Atlantic Partners Buys First Multifamily Properties in Atlanta
The investment fund is focused on buying residential communities in affluent suburbs in the Southeast and Southwest U.S.
Multifamily Community Trades for $30M in North B’More
Harbor Group International sold the 237-unit Belvedere Towers Apartments five years after it acquired the asset for a little over $26 million.
RADCO Grabs Class-B Apartment Community in Tampa
RADCO acquired 372-unit The Newport Villas Apartments for $20.1 million and plans to invest more than $5 million renovations.
Marcus & Millichap Closes Sale of Garden-Style Apartments in St. Paul
Birmingham Woods, a 28-unit community, sold for $2.3 million.
Vitus Group to Revamp Six Affordable Housing Properties
The national developer will invest millions in the restoration of more than 1,000 residential units and will add active design features meant to encourage a healthy lifestyle.
DC Area Value-Add Community Changes Hands
Cortland Partners has acquired a 630-unit community in Ashburn, Va., with plans to renovate and reposition the property over the next two years.