Deals
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.
RADCO Keeps Expanding With Palm Harbor Acquisition
The RADCO Cos. hit its 13th acquisition this year with the $33.5 million purchase of the 292-unit Lakes of Palm Harbor in the Tampa Bay metropolitan area.
Steadfast Closes on Cobb County Suburban Community
Steadfast Apartment REIT purchased Park Valley Apartments, a 496-unit, Class B apartment community in Smyrna, Ga., for $51.4 million, with plans for upgrades.
Oak Residential Grows in Marietta
Oak Residential Partners and its joint venture partner, Atlantic Creek Real Estate Partners, purchased the 378-unit Gallery Apartments in Marietta, Ga.
Pearl District Condo Building Lures Overseas Investor
A joint venture between Oakwood Worldwide and Mapletree Group has acquired a LEED Platinum certified building in Portland.
Praedium Group Acquires Lewisville Luxury Community
Lewisville’s 296-unit luxury community Pine Prairie Apartments was recently sold to The Praedium Group.