Deals

TODAY’S DEALS: Bascom Arizona Closes 432-Unit Acquisition in Phoenix

Bascom Arizona Ventures completes its 10th buy in the past 12 months; The RADCO Cos. buys a 208-unit asset in Illinois; and Lucent Capital provides an $11.83 million loan.

TODAY’S DEALS: ABR, Chartwell Holdings Buy 384-Units in Charlotte

Alex. Brown Realty and Chartwell complete a value-add buy in N.C.; Peak Capital Partners acquires a 216-unit community in Albuquerque; and Alliant Capital closes on a $1 million refinance loan.

TODAY’S DEALS: MAA and Colonial Properties Trust to Merge

MAA & Colonial Properties to merge in an 85,000-unit REIT; Post Properties closes on a $48.6 million buy in Orlando, Fla.; and Meridian Capital negotiates financing for mixed-use and multifamily properties in New York.

TODAY’S DEALS: Milestone Acquires 346-Unit Apartment in Atlanta

Milestone Apartments REIT invests $46 million in Atlanta; Marcus & Millichap secures a buyer for a Saint Paul community; and Gebroe-Hammer completes Pennsylvania multifamily sales totaling $4.94 million.

Whispering Hills Apartment Complex Attracts Dallas Investor

The San Antonio multifamily market is of growing interest for out-of-town buyers. The region’s bright economic outlook has attracted a growing number of investors in the past 12 months.

TODAY’S DEALS: MAA Buys 260-Unit Asset in Virginia

MAA buys an upscale asset in Fredericksburg, Va.; and Trade Street Residential buys two communities in the Carolinas.

TODAY’S DEALS: PCCP Lands $30M for Queens Conversion

PCCP arranges $30 million for a Long Island City redevelopment; and Variant adds a 280-unit Georgia asset to its portfolio.

TODAY’S DEALS: Landmark Acquires 600 Units in Carolinas

Landmark Apartment Trust of America acquires two properties in the Carolinas; Continental Realty Advisos buys a 560-unit community in Orlando; and Walker & Dunlop closes $152 million for properties in the Midwest in the first quarter.

TODAY’S DEALS: Pure Multi-Family REIT Announces $45.4M Buy

A Canadian REIT buys a Texas asset; and a joint venture comprised of ScanlanKemperBard and an investment fund advised by Wayzata acquire a mixed-use asset in Phoenix.