Deals
Suburban Seattle Community Commands $88M
The sale marks the largest multifamily deal in its local market since 2017.
DivcoWest JV Pays $59M for Raleigh Apartments
CrossHarbor Capital Partners provided $50.8 million for the acquisition.
Prime Residential Acquires California Communities in $275M Deal
Institutional Property Advisors procured the buyer for two adjacent assets located in a Los Angeles beach community.
Gelt Lands $85M for Seattle-Area Multifamily Portfolio
Located in Kent and Federal Way, Wash., the properties total 490 apartment units.
JV Converts Big-Box Retail to Self Storage
The adaptive reuse project will feature high-end technology allowing for remote management at the facility.
Cincinnati Apartment Community Changes Ownership
Vision & Beyond Capital Investments has launched an ambitious improvement plan at the nearly 50-year-old property.
Hamilton Zanze Acquires Atlanta-Area Community
The company tapped Mission Rock Residential to manage the property in Dunwoody, Ga.
Blue Magma Buys 1000-Unit Memphis Apartments
Berkadia arranged $82 million in acquisition financing for the new owner through Arbor Realty Trust.
Acacia Capital Acquires Phoenix Community for $96M
CBRE represented the seller in its disposition of the 272-unit property.
Madera Residential Buys Houston Asset
CBRE Global Investors arranged acquisition financing for the 432-unit property.