Deals
Jonathan Rose Cos. JV Lands $223M Loan for Phase II of Harlem Project
When completed, Sendero Verde is expected to be the largest multifamily development in the U.S. to meet Passive House standards.
BH Equities Sells Tampa Bay Community for $56M
Franklin Street led the off-market transaction.
Kennedy Wilson Forms $1.5B Investment JV
The vehicle will be used to acquire and manage core-plus communities in western states.
BRT Agrees to $226M Portfolio Sale
The 1,108-unit deal, expected to close by the end of the third quarter, includes one property outside Atlanta and another near Orlando, Fla.
Phipps Houses Lands $217M Loan for Affordable Brooklyn Community
The 403-unit project is expected to be complete in the fall of 2023.
Manulife Completes $145M Denver Luxury Buy
The property formerly known as Legacy at Speer was 90 percent occupied at the time of sale.
Nuveen Pays $110M for Metro DC Asset
The 365-unit Rockville, Md., property is located in a major life sciences cluster.
Pantzer Properties Sells 468-Unit Maryland Community
The Germantown asset previously changed hands in 2018 for nearly $88 million.
Los Angeles-Area Property Trades for $26M
Town Center Terrace had been on the market for the first time in 38 years.
FCP Trades Suburban Atlanta Apartments
FCP acquired the 312-unit garden-style community for $29.5 million in 2016 and invested $5.5 million in capital improvements.