Deals
Randolph Street Expands Chicago Portfolio
The Windy City-based company paid $14.3 million for a 36-unit property in Wicker Park.
CAPREIT Snags 978-Unit Virginia Apartment Portfolio
The major apartment owner and operator acquired a five-community apartment portfolio in the Richmond area, with plans to keep the units affordable.
Beachwold Residential Acquires 482-Unit Multifamily Portfolio with Help from HFF
HFF provided nearly $38 million in financing for the acquisition of two residential communities in Florida and Texas.
Presidium Expands Its Footprint in Texas with New Multifamily Acquisition
The real estate investor will upgrade the Austin property, while getting ready to break ground on another multifamily project in the city.
JV Obtains $148M For Acquisition of Bay Area Apartments
Deutsche Asset Management and Maximus Real Estate Partners received financing for the property, which was built in 1970 and includes 296 units.
Greystone Shells Out $45.5M in Financing for 2 Phoenix Communities
The ConAm Group received Fannie Mae Loans to refinance Valencia Park and Granite Bay, two 1980s-era multifamily communities.
Glemont Capital Adds Two Student Housing Communities to South Bend Portfolio
Berkadia facilitated Prime Property Investors’ sale of Clover Village and Clover Ridge, located near the University of Notre Dame campus.
735-unit Tampa Area Bay Multifamily Portfolio Changes Hands
The bidding process for the five rentable properties located in Tampa, Brandon and Bradenton was very competitive. Marcus & Millichap mediated the transaction.
Clarion, Taconic Snag $110M for Bronx Apartment Refi
Capital One provided the loan to refinance the massive Eastchester Heights Apartments.
Security Properties JV Buys Downtown Nashville Apartments
A joint venture between Security Properties and Loma Linda University paid $53.7 million to acquire the Opus 29 and Note 16 multifamily properties in downtown Nashville.