Deals
The Milestone Group Closes Fund With $750M
The vehicle is expected to invest in more than $2 billion of multifamily assets.
Tower 16 Capital Buys $41M Inland Empire Portfolio
CBRE provided more than $36 million in acquisition financing for the 214-unit transaction.
Capstone Brokers $13M Sale of North Carolina MHC
Taylor Property Group sold the 298-site community to an entity related to Vineyards Impact Funds.
Red Stone Equity Partners Closes $207M LIHTC Fund
The vehicle marks the firm’s largest ever and will help create or rehabilitate more than 1,600 affordable units.
Pegasus Group Buys Austin Self Storage Portfolio
The two Class A facilities will be rebranded as Central Self Storage properties.
Greystar Acquires Majority Interest in Thackeray Partners
The acquisition will give the firm additional rental housing as well as access to investments in the growing industrial sector.
Alex. Brown JV Pays $24M for Alabama Student Asset
The buyer financed the 192-unit acquisition with $19.5 million from Ares Commercial Real Estate.
Westport Properties Expands Central Florida Portfolio
The recently completed self storage facility west of Orlando sold for nearly $10 million.
Out-of-State Investor Pays $55M for Luxury Los Angeles Asset
Converted from a condominium community mid-pandemic, the property traded for roughly $900,000 per unit.
Capstone Brokers Sale of Indiana MHC
This is the first time the 660-site community changed ownership since its completion in 1965.