Deals
ICYMI: MHN’s Top 5 Posts in May 2021
Miss any of our articles? Catch up with five of our most popular posts for the month.
SpareBox Storage Expands in Oklahoma, Florida
The newly acquired facilities total more than 2,000 units.
XFD Real Estate JV Buys North Carolina Student Housing Community
The new owners plan to invest $2 million to upgrade the 888-bed property in Greenville.
Merrimac Lands $72M Construction Loan for South Florida Community
The six-story property in Plantation, Fla., is expected to be completed by 2023.
Independence Realty Trust Buys Charlotte Apartments
Cushman & Wakefield represented the seller in the $66.5 million transaction.
TruAmerica Pays $196M for Nashville, Phoenix Assets
The acquisitions add nearly 1,000 units to the firm’s national multifamily portfolio.
Herald Realty Sells Niche Asset in Connecticut
The deal includes approvals to add another 32 units as well as amenity and outdoor terrace space to the property.
Cortland Closes 5th Fund at $650M
The vehicle will be used to acquire value-add communities in the Sun Belt.
Cityview Raises $100M for California OZ Development
Oakland Waterfront will total 378 units in the Brooklyn Basin master-planned community on the Oakland Estuary.
Old Three Hundred, Pearlmark Buy San Antonio Value-Add Portfolio
Along with assuming an existing loan, the joint venture secured $11.5 million in preferred equity.