Deals
Berkadia Closes Sale of Two Minnesota Multifamily Properties
An affiliate of non-profit AEON is the new owner of the 109-unit Goldenstar Apartments in Maplewood and the 30-unit Sun Place Apartments in Roseville.
Evergreen Invests $13M to Preserve Chicago Affordable Housing
The company acquired two affordable senior housing properties on the North Side, with plans to complete exterior and interior renovations.
Luxury Community Changes Hands in Atlanta
Westhaven at Vinings features 610 apartments and a plethora of amenities.
Westlake Multifamily Asset Set for Overhaul Following Acquisition
Westlake is a traditionally lower-rated area of Central L.A. that new owner Massie Capital hopes will catch up in terms of rent rates.
Cushman & Wakefield Leads $60M Sale of New Orlando Community
A joint venture sold the newly built luxury community, which is close to major attractions such as Walt Disney World and Universal Studios.
Image Capital Bags Riverfront Towers in Motor City
The New York-based real estate investor paid roughly $143,000 for each of the 557 luxury residential units.
Affordable Community in North DC Changes Hands
The 59-unit Fort Stevens Place was acquired by Community Preservation & Development Corp., who intends to continue operating it as an affordable community.
Reseda Development Project Acquired by Gelt
The initiative to revitalize the LA River is encouraging development in the area.
NXT Capital Provides $16M Acquisition Loan for 338-Bed Student Housing Community in Savannah
A 338-bed student housing community changed hands thanks to an acquisition loan arranged by NXT Capital.
Gelt Gets Busy in LA County
The firm recently acquired a 2.4-acre site to develop a new community and an existing property that it plans to give a major renovation.