Deals
Blackstone Buys North Dallas Asset
Completed in 2016, Crest at Park Central is less than 12 miles from the metro’s downtown.
WNC Raises $176M for Institutional LIHTC Fund
The capital will be used for more than 2,000 affordable housing units spread throughout 32 communities.
Tower 16 Sells 3 Las Vegas Properties for $182M
The firm had acquired the 1,165-unit portfolio in three separate deals.
Standard Communities Enters New Jersey With Atlantic City Buy
With a total capitalization of $38 million, the deal extends the senior housing community’s affordability for another three decades.
Shopoff Realty Investments Buys Illinois MHC Portfolio
Totaling 611 lots, this is the company’s second manufactured housing acquisition in recent years.
Inland Empire Community Commands $88M
MG Properties Group financed the acquisition with a $57.2 million loan originated by CBRE Capital Markets.
Waypoint Sells Jacksonville Apartments for $66M
The buyer financed the 301-unit Class A acquisition with a $36.4 million loan from KeyBank.
Miami Senior Housing Project Lands $42M Loan
BHI Healthcare Group secured two notes to finance the 201-unit luxury development in Richmond Heights.
Public Storage to Acquire $1.8B Mid-Atlantic Portfolio
The 48 properties are located in submarkets with strong demand across Washington, D.C., Virginia and Maryland.
Bell Partners Forms $800M Multifamily Venture
With leverage, the venture expects to buy more than $1.5 billion of assets in 14 target markets across the U.S.