Deals
Silicon Valley Affordable Senior Asset Commands $39M
Silver Tree Residential plans to rebrand the property as Redwood Senior Apartments of Willow Glen.
Element Residential Buys 1,020-Bed Student Housing Community in Tucson
The property is approximately 4.5 miles east from the University of Arizona.
Bascom Group Buys Las Vegas Portfolio
The three properties totaling 390 units sold for $72 million.
Suburban Phoenix Property Changes Hands for $72M
Avanti Residential sold the 264-unit community in Goodyear, Ariz., after three and a half years of ownership.
Clear Capital Closes First Utah Acquisition
The $15 million transaction marks the company’s first deal in the Beehive State.
Southern Minnesota Affordable Community Sells for $13M
The buyer financed the 144-unit acquisition with a $10.1 million Fannie Mae loan.
StoneBridge Investments Acquires Maryland Apartments
CBRE represented the seller in the deal and arranged financing on behalf of the new owner.
Kennedy Wilson Invests in Montana OZ Project
The commitment gives the firm majority ownership of a 268-unit development in Bozeman.
MG Properties Expands in Inland Empire With $138M Buy
The company added the 319-unit property in Rancho Cucamonga to its Southern California portfolio.
The GSH Group Pays $63M for Suburban Orlando Asset
The new owner plans to invest roughly $4 million in capital renovations.