Deals
PCCP JV Acquires Atlanta Community
The partners are planning an extensive lease-up plan for the property, which experienced a high vacancy rate due to the pandemic.
Luxury Colorado Property Gets $61M Refi
Working on behalf of Etkin Johnson Real Estate Partners, JLL Capital Markets arranged the 10-year loan for a garden-style community south of Denver.
APRA Capital Pays $54M for Tucson Community
Institutional Property Advisors represented the seller, HSL Properties, and also procured the buyer.
RHP Buys Pennsylvania MHC
The $7 million acquisition brings the company’s portfolio of manufactured housing communities to 299 nationwide.
Summit Communities Closes $29M Denver Disposition
CBRE represented the seller, and Newmark provided Freddie Mac financing for the buyer.
Orlando Luxury Community Sells for $74M
Astoria at Celebration underwent a comprehensive repositioning program under the previous ownership.
29th Street Capital Buys Denver-Area Apartments for $134M
The 424-unit property in Aurora marks the firm’s transition from purchasing value-add to higher-quality communities.
Asia Capital Real Estate Lands $43M Loan for Tampa Acquisition
With help from JLL Capital Markets, the company purchased a suburban garden-style property in Hillsborough County.
CPP Closes 1st Affordable Housing Buy in Tennessee
The owner plans to invest more than $12 million to reposition the 108-unit asset.
Richmond-Area Property Gets New Owners
Capital Square Apartment REIT has acquired a newly completed Class A community in Midlothian, Va.