Deals
PGIM Real Estate Sells Philadelphia-Area Community
The property in Bala Cynwyd, Pa., was purchased for $59.5 million.
Blackstone Acquires SFR Firm in $6B Deal
Home Partners of America owns more than 17,000 houses across the country.
Welltower to Acquire Senior Housing Portfolio for $1.6B
The purchase of the 86 Holiday Retirement assets is expected to close in the third quarter.
Meridian Capital, Barings Launch New Lending Platform
NewPoint Real Estate Capital is helmed by former Freddie Mac CEO David Brickman and finance veteran Jeff Lee.
Upscale Austin Self Storage Facility Changes Hands
The 422-unit facility is close to Apple’s upcoming $1 billion campus at the corner of Dallas Drive and West Parmer Lane.
MG Properties Group Expands Phoenix Portfolio With $75M Purchase
The 223-unit property is the company’s 11th multifamily acquisition in Arizona.
Mississippi Student Housing Asset Commands $17M
DLP Real Estate Capital bought the 366-bed property, which underwent renovations under previous ownership.
Hines Closes 1st Investment in Italy
The firm’s European Value Fund 2 expects to deliver 300 new units to the Milan market by 2023.
Kennedy Wilson Expands Idaho Portfolio
The company has acquired three properties and a development site in the Boise region for $143 million.
Harbor Group Sells Florida Community for $223M
The 700-unit property in a suburb of Miami marks the metro’s largest recorded multifamily sale this year.