Deals

Passco Spends $54M on New Orlando Transit-Oriented Community

The Ivy is the only multifamily community located in Orlando’s Florida Hospital Health Village, home to the nation’s second largest hospital.

Transactions: May 2016

Check out the latest sales and financing deals featured in the May issue of MHN.

The Burlington in St. Paul, Minn.

HFF Lines Up $48M Acquisition Loan through Freddie Mac

Working on behalf of Abacus Capital Group, HFF arranged financing for the acquisition of The Burlington apartment community in St. Paul, Minn.

Hunt Finances $65M Houston Apartment Acquisition

The community consists of 58 two- and three-story residential buildings, plus a single-story leasing office and maintenance storage shop.

51 White Street, New York

Tribeca Building with Development Potential Lands Long-Awaited New Owner

Cushman & Wakefield sold the 13-unit development for $1,064 per square foot.

Spanish Villas in Daytona Beach, Fla.

New Owner Emerges for Spanish Villas in Daytona Beach

The 56-unit apartment community sparked great interest, with 100 registered buyers and seven written offers.

Casa Del Mar

Greysteel Arranges Sale, Acquisition Loan for Texas Multifamily Community

The 59-unit Casa Del Mar community at 3810 W. Walnut St. in Garland, Texas changed hands.

TruAmerica Makes First Foray on East Coast With MD Acquisition

The $187 million deal includes a 1,004-unit apartment portfolio.

The Clarion, Decatur, Ga.

Federal Capital Partners Breaks the Ice on Atlanta Multifamily Market

Magnolia at Whitlock and Clarion, two multifamily communities in the Atlanta area, total 369 units and are ready for planned renovations.

WinnResidential Wins Management of 4,420-Unit CA Portfolio

Highridge Costa Investors awarded WinnResidential the right to manage a portfolio of 48 California LIHTC properties.