Deals
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.
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.