Deals
Golub, Petiole Acquire Illinois Community
The joint venture will carry out cosmetic improvements to the 492-unit property in Carol Stream.
Decron Properties Pays $96M for Suburban Phoenix Apartments
The 276-unit Class A acquisition in Tempe marks the investor’s first foray into Arizona.
CGI Strategies Lands $42M Refi for Koreatown Apartments
Located in the heart of the trendy neighborhood, the recently developed 122-unit property is almost fully occupied.
Ashcroft Capital Expands Jacksonville Footprint
The company purchased Elliot Baymeadows in Jacksonville’s Royal Lakes neighborhood.
Pathfinder Partners Closes Quarterly Fund at $95M
The private equity firm has acquired a 168-unit property in Northglenn, Colo., through the fund for $44 million.
CBRE Global Investors Pays $76M for Raleigh Apartments
The sale comes less than a year after the 318-unit Class A development in Morrisville, N.C., delivered.
TruAmerica Expands Southeastern Footprint
The acquisitions in Tampa and Atlanta bring the company’s portfolio in the region to 10,000 units.
Quantum Equities Lands $87M Refi for Maryland Apartments
Greystone arranged the Fannie Mae DUS loan for the 486-unit community in Lanham.
Bell Partners Acquires 4th Seattle-Area Asset
The 202-unit apartment community is the initial acquisition made on behalf of Bell Core Fund I.
Catalyst, CalCHA Acquire 2 California Communities for $231M
The partnership will convert nearly 600 units into rent-restricted apartments for middle-income households.