Deals
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.
Greysteel Closes Agency Financing for 180-Unit Community in Dallas
Anton Mattli and John Marshall Doss of Greysteel’s Dallas-Fort Worth office negotiated the 35-year non-recourse loan on behalf of KRR Construction.
East Hollywood Community Traded in 1031 Exchange
The rapidly gentrifying submarket determined the hefty price per unit and low cap rate.
Berkshire Group Lands 292-Unit Chicago Tower
The 32-story tower includes retail space and a plethora of amenities.
CBRE Assists Hines in Luxury Multifamily Deal
AVR Realty bought @1377, a two-year-old community in metro Atlanta.
Rock Apartment Advisors Closes $40M in Sales in AL
The brokerage firm facilitated the sale of two multifamily properties that marked the first acquisitions for the buyers in Huntsville and Auburn, Ala.
CPP to Rehab San Jose Affordable Community
The company recently closed a $25 million deal that will provide some relief to the area’s affordability issue.
L5 Investments Makes $23M Debut in Richmond
The multifamily investment firm and its partner have made its first acquisition in Virginia, with plans to complete a more than $2.6 million renovation of the property.