Deals
CBRE Closes Sale of 184-Unit Texas Community
Elmstone Group acquired Silverado, a 184-unit multifamily property located at 1319 North Nursery Road in Irving, Texas.
TruAmerica and Investcorp Team Up for Fourth Acquisition
Little Cottonwoods will be put through a capital improvements program.
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.
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.
Tribeca Building with Development Potential Lands Long-Awaited New Owner
Cushman & Wakefield sold the 13-unit development for $1,064 per square foot.
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.
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.