Deals
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.
Presidium Snags Willow Cliff Lakeshore Apartments in OKC
The Dallas-based real estate investment firm announced an aggressive acquisition initiative in Oklahoma City and made its first purchase in the area, a 396-unit waterfront multifamily community.
Presidium Buys 516-Unit Multifamily Community in the Country’s Top Submarket
The local investor purchased the Dallas apartment and rebranded the property as The Link.
JLL Secures Acquisition Loan for 224-Unit Community in Grapevine
Prudential provided $18.3 million financing for Lakes of Williamsberg, in a deal facilitated by JLL’s Capital Markets team.
HFF Lands $77.5M Financing for Apartments in Major Colorado Markets
A REIT sponsored by Resource Real Estate Inc. was the borrower for two communities in Boulder and Centennial it previously acquired on an all-cash basis.