Deals
Blackstone, Landmark Properties Launch $784M Student Housing JV
The joint venture is targeting assets near top universities with rising enrollments.
JV Pays $33M for Phoenix-Area Asset
The new owner plans to rebrand and update the 208-unit garden-style community in Glendale, Ariz.
Willowick Residential to Manage San Francisco Apartments
Located in SoMa, the community will be the Hines subsidiary’s first assignment in the West.
Passco Cos. Buys Suburban San Antonio Community
KeyBank provided financing for the purchase of the newly opened 297-unit property.
Capstone Arranges Sale of Houston-Area Mobile Home Park
The 288-site community changed ownership for the first time in over three decades.
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.