Deals
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.
PNC Bank Sells Chicago Affordable Housing for $30M
The new owner will begin renovating the 240-unit community opposite the planned Obama Presidential Center next year.
Las Vegas Property Changes Hands for $41M
TruAmerica Multifamily sold the 170-unit community previously known as The Willows at Spring Valley Ranch.
Seattle-Area Apartments Command $170M
Su Development sold the newly delivered luxury asset in the metro’s largest multifamily deal since January.