Deals
Luxury Florida Community Sells for $77M
The 360-unit luxury multifamily community in Boca Raton was sold by Marcus & Millichap’s Institutional Property Advisors.
RADCO Picks Up Atlanta Metro Community for $32M
The developer plans to spend about $4 million on capital improvements to the 324-unit community.
Hunt Mortgage Group Closes $13M Acquisition Loan for 204-Unit Community
The Miami office of Hunt Mortgage Group recently closed a $13 million Fannie Mae loan to finance the acquisition of Waters Edge at Harbison.
M West Holdings Snaps Up Asset in Old Bank District
Kennedy Wilson arranged the $37 million deal, with financing provided by Mesa West Capital.
Starwood Lands $564M Affordable Housing Portfolio
HFF closed the sale of the 31-property Florida portfolio for The Wilson Co. and arranged financing for the new owner.
Admiral Capital, Wood Partners JV Sells ATL Community
Over the last few years, 3833 Peachtree has been upgraded to complete the “live, work, play” environment tenants were seeking.
Transactions: June 2016
MHN’s monthly update on the most notable recent sales and financings from around the country.
Blue Rock Premier Acquires 776-Unit Apartment Community for $70M in Tampa Bay
The Park at Valenza adds a mix of one-, two- and three-bedroom apartments to Blue Rocks growing 9000+ Florida portfolio.
Haven Unveils Student Housing Project at Texas Tech University
The 556-bed luxury student housing community developed by Haven Campus Communities will feature technology-oriented amenities.