Deals - South

  • Electra America Snags 6th San Antonio Community

    The company has purchased the 366-unit Firewheel Apartments, located in the North Hampton neighborhood. Berkadia's South Florida team arranged the financing.

    20 November 2017 14:50
  • Carroll Organization Closes Sale of 180-Unit FL Asset

    The 180-unit ARIUM San Remo features two- and three-bedroom townhomes ranging from 1,141 to 1,517 square feet. The company acquired the property in April 2014 as part of its Carroll Multifamily Real Estate Fund III LP.

    14 November 2017 15:56
  • Eastside Station Changes Hands in Off-Market Deal

    Atlanta-based Pollack Shores bought a new 330-unit community in East Austin. The partially affordable development is conveniently located within walking distance of the medical district as well as Google and Facebook's new downtown offices.

    13 November 2017 14:58
  • Berkadia Brokers Sale of 2 FL Properties for $48M

    The two properties include Twenty 35, a 200-unit property in Safety Harbor and The Park at Windsor, a 224-unit community in Northeast Tampa.

    10 November 2017 22:10
  • Greystone Arranges $110M for Senior Portfolio Sale

    New Senior Investment Group sold 1,140-units comprising nine communities in the Florida Peninsula. Meridian Senior Living will manage the properties.

    09 November 2017 21:56
  • S2 Capital Buys 2 Houston Communities

    S2 Capital acquired Avalon at Royal Oaks and Village at Uvalde from One Real Estate Investment. The two properties, totaling 882 units, traded for more than $60 million.

    08 November 2017 22:51
  • JLL Closes 238-Unit TX Community Sale

    M-DW LP sold a 238-unit multifamily community in Galveston, Texas. Gulf Coast Kington Properties purchased the 15-building property, which includes one- and two-bedroom units.

    07 November 2017 15:04
  • BRG Acquires $36M Alabama Community

    Bluerock Residential Growth REIT Inc. bought a studio, one-, two- and three-bedroom apartment unit. Springs at Greystone is situated in the top-tier suburban district in Birmingham, Ala. The firm plans to renovate the 300-unit building.

    07 November 2017 12:41
  • TA Realty Pays $135M for South Florida Community

    The Related Group and its partners sold the property, which is part of the 55-acre CityPlace Doral development in the Miami area.

    06 November 2017 15:48
  • $58M Financing Earmarked for Atlanta Portfolio Acquisition

    George Smith Partners secured the financing for the 680-unit workforce housing portfolio. The two buildings will undergo a $5.5 million renovation.

    06 November 2017 15:32
  • CBRE Arranges Refi for SC Community

    Monica Newman of CBRE’s Denver team originated the $9.7 million loan through the company’s FHA lending platform on behalf of the borrower, Greenville Park West LP. Stonemark Management currently manages The Summits Apartments in Graniteville.

    02 November 2017 20:30
  • Beverly Hills Firm Enters NC Market With $37M Buy

    Peter Sherman, Craig Cadwallader, Grant Linderman and Sam Chow with Avison Young represented Inco Montera, the buyer of Woodfield Glen Apartments in Raleigh. ARA Newmark worked on behalf of the seller, Grayco Inc.

    02 November 2017 18:20
  • Gershman Closes Bridge Loan for Baton Rouge Property

    Michael Thomas, vice president at Gershman Mortgage Denver, arranged financing for Pelican Bay Apartments in Louisiana, which features 152 affordable units.

    01 November 2017 23:50
  • Newly Built FL Community Lands $43M Refi

    The new loan assumes part of the original construction loan and provides additional financing to cover the stabilization of the property. Berkadia arranged the deal on behalf of the borrower.

    01 November 2017 14:59
  • FCP Buys $16M Charleston Apartments

    The company purchased Gates at Summerville, a 232-unit garden-style community in the Summerville submarket of Charleston, and plans to add a dog park and sport court and improve the landscaping, common areas and curb appeal.

    31 October 2017 17:20