Deals
Peak Campus to Manage 587-Bed Student Housing Complex in Minneapolis
DRA Advisors acquired Metro Park East, a community serving students of the University of Minnesota, and appointed Peak Campus to manage the property.
Gaia Real Estate Sells 252-Unit Cypress Commons in Houston
Gaia Real Estate closed the sale of Cypress Commons, a Class A community located in the Champions submarket of Northwest Houston.
Habitat Company Adds 5,000 Units in Alabama, Florida
The additions are in seven communities comprising 3,600 units in Birmingham, Ala., and five properties with almost 1,400 units in Tampa, Fla.
Community Preservation Partners Spends $119M on Affordable Housing
Community Preservation Partners teamed up with Related Affordable to acquire two residential communities in the Bay Area, marking the company’s largest deal to date.
Grandbridge Closes on Three Financial Deals for Senior Housing
The transaction totaled about $52 million.
Lexerd Capital Management Snags Jacksonville Apartment Complex
Lexerd Capital Management acquired a 106-unit market-rate multifamily community in San Marco for $8million.
Pathfinder Partners Expands Arizona Holdings With Bulk Condo Purchase
The new owner will upgrade the condominiums and launch new model units in the near future.
CBRE Closes Deal on 161-Unit Villa Creek in Dallas Suburb
In a deal facilitated by CBRE Capital Markets’ Investment Properties, Villa Creek was acquired by Villa Creek Drive LLC.
Steadfast Scoops Up 217 Apartments Near Denver
The acquisition of Fielder’s Creek Apartments expands Steadfast Apartment REIT’s Colorado portfolio to six properties.
Peak Campus To Manage New Student Housing Communities near Notre Dame
Two student housing communities located near the University of Notre Dame campus are now in Peak Campus’ management portfolio.