Deals
Advanced Real Estate Lands $263M Refi for SoCal Portfolio
NorthMarq arranged the six separate loans through Freddie Mac.
Peak Management Pays $36M for Suburban Baltimore Apartments
The seller renovated the 1968-built community in 2018. The buyer plans to further upgrade the 144-unit, mixed-use asset.
JLL Income Property Trust Invests in $1.2B SFR Portfolio
The REIT acquired a 47 percent interest in a portfolio with more than 4,000 homes.
Berkadia Secures $77M Financing for 2 Southeast Properties
The HUD loans will be used to refinance a property in Virginia and construct a community in West Virginia.
Lifespace Sells 2 Senior Communities for $42M
The facilities in Urbandale, Iowa, and Lincoln, Neb., add up to 349 units.
RKW Residential Grows North Carolina Management Portfolio
The firm was tapped by Levine Properties and Ascent Real Estate Capital to handle five communities.
ACRES Capital Provides $89M Construction Loan for Houston Community
The 17-story building is scheduled for completion in September 2023.
APRA Capital Lands $35M for North Phoenix Community
The 110-unit community last changed hands in 2020, for $19 million.
The Ergas Group Sells Urban Dallas Community
Ready Capital provided the acquisition loan for the 179-unit community, while IPA facilitated the sale.
CGI+ Buys Atlanta Apartment Portfolio for $145M
This deal marks the largest transaction in the metro this year.