Deals
Steele Properties Tackles Affordable Housing Renos
Steele Properties acquired two affordable housing properties in Colorado and Texas with plans for large-scale renovations costing more than $14 million.
29th Street Capital Buys Up East Bay
The private real estate firm acquired Plaza Verde Apartments and Eden Apartments, marking the company’s 10th acquisition in the East Bay of San Francisco.
Carroll Organization Acquires Orlando Portfolio of 1,400 Apartment Units
The portfolio consists of three communities, which will be rebranded.
Raleigh Luxury Community Changes Hands for $93.5M
A joint venture sold the 434-unit community to Heitman.
SingleSource Joins Forces with iMortgage
Two Pittsburgh-area mortgage service firms have merged to create one of the country’s largest privately held vendor management companies.
IPA Oversees Arizona Rental Property Sale to Capital Real Estate
The sale equaled $92,000 per unit.
Famed Jockey Club to be Transformed into Luxury Development
The popular Miami club will get a major renovation with a 1 million-square-foot luxury development thanks to a $21 million loan from Silver Arch Capital Partners.
Horsehoe Bay Community Hits the Block
The only apartment community in Horseshoe Bay is up for sale through Greysteel.
HFF Closes Largest 2015 Mid-Atlantic Multifamily Sale
The company closed on the sale of a 2,811-unit portfolio.
Oak Residential Continues Expansion With Two Multifamily Properties
Oak Residential Partners of Chicago has added 728 units to its multifamily portfolio.