Deals
Transactions: May 2021
A short list of recent major investment sales and financings from coast to coast.
Khosla Capital JV Buys New Jersey Apartments for $115M
JLL Capital Markets represented the seller in its disposition of a 360-unit community in Hackensack.
Atlas Real Estate, DivcoWest Form $1B SFR Joint Venture
The partnership will acquire and renovate homes throughout the western United States.
Crown Holdings, Stern Resources Form $250M Joint Venture
The partnership will develop and acquire workforce housing in Georgia, Florida and Texas.
Opportunity Housing Group Buys California Property for $100M
Institutional Property Advisors represented the sellers in the disposition of the 261-unit community in Monrovia, Calif.
Ashcroft Capital Snags Atlanta-Area Apartments
The garden-style community in Lawrenceville will undergo unit and amenity renovations.
SL Green Sells Interest in 2 Manhattan Communities
The REIT will use the proceeds for developments and its share repurchase program.
Baltimore-Area Asset Lands $27M HUD Refi
The second phase of the 389-unit community came online shortly after the first.
Spaxel Pays $45M for Atlanta Workforce Housing
Avison Young secured an equity partner for the purchase of the 266-unit property in Marietta, Ga.
OKO Group, Cain International Secure $128M Loan for Miami Tower
The nearly sold-out waterfront building features 135 luxury residences.