Deals
Spirit Investment, Bascom Group Pay $49M for Chicago Tower
The property last traded five years ago, when the current seller acquired it from KKR.
Las Vegas SFRs Trade for $25M
The price more than tripled since the asset last traded a decade ago.
Hakimian Organization Lands $156M Loan for Queens Project
The financing will be used to start construction on the 364-unit affordable development.
Evergreen Development Sells Phoenix Asset for $89M
Institutional Property Advisors represented the seller of the 275-unit property.
OHT Partners Begins Construction on Dallas Property
The community will be part of the Lake Highlands Town Center mixed-use development.
Capstone Brokers Sale of South Texas MHC
The 218-site Parkway Village in Nederland traded for the first time in almost three decades.
North Central Phoenix Value-Add Commands $32M
Pacific Reach Properties sold the garden-style community after 7 years of ownership.
Alliant Credit Union Provides $52M for 2 Student Housing Assets
The luxury communities are situated in the proximity of the University of Texas at Austin and Georgia Southern University.
JV Buys Durham Community for $42M
Greystone provided $38.2 million in acquisition financing for the 359-unit property near Duke University.
EverWest Acquires Luxury Property in Charlotte
The new ownership plans to invest in capital improvements for unit interiors and community amenities.