Deals
Iconic Bremerton Property Acquired by New Standard Equities
The property was purchased for $13 million in an off-market transaction from a private party.
Sorrento Apartments Sold by Hamilton Zanze to First-Time Investor
Class B asset provides buyer first chance of investing in the Phoenix metro.
Large Multifamily Asset in Indianapolis Draws Multiple Offers
In a deal arranged by CBRE Group, Ardizzone Holding has acquired Oakbrook Village, a well-located 384-unit multifamily community in Indianapolis.
Passco Nabs Core Multifamily Community Near Nation’s Capital
Passco Cos. LLC acquired The Shelby, a 240-unit multifamily community located in the prime Washington, D.C. metro area, for more than $69 million.
CBRE Capital Markets Completes 241-Unit Community Sale in Fort Worth
Courtyards on Glenview changes ownership in a transaction facilitated by CBRE Capital Markets.
$711M Overhaul Brings 2,100-Bed Student Village at the University of Sussex
The University of Sussex in Brighton, U.K. plans a 2,100-bed student village as part of a $711 million renovation project of its campus.
Gaia Launches Sales at Nine 52
Gaia Real Estate launched sales at Nine 52, a luxury condo conversion in Hell’S Kitchen.
HFF Secures Financing for Chappell Creek Village
Chappell Hill Equity III Ltd. secured financing for a Temple, Texas community through HFF.
Pure Multi-Family REIT Acquires Two San Antonio Communities
Canadian REIT Pure Multi-Family closed on the agreement to purchase the TPC multifamily portfolio in San Antonio.
Nashville-Area Apartments Trade for $93M
The portfolio consists of Bellevue West and Highlands at the Lake, which together total 838 units.