Deals - South
Cities
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CGI Strategies Acquires Orlando Community for $43M
The company will renovate and rebrand the 306-unit property, which was ordered vacated in 2017 after construction defects were discovered.
18 February 2019 14:57 -
Suburban Atlanta Community Commands $35M
The acquisition of the 300-unit Class B multifamily asset, constructed in 1985, marks One Real Estate Investment’s first purchase in the metro.
18 February 2019 12:28 -
29th Street Capital Expands FL Footprint
The company has entered the Tampa-St. Petersburg market with the acquisition of a 261-unit community located approximately 5 miles from downtown St. Petersburg.
15 February 2019 20:10 -
Berkadia Facilitates $21M Fort Myers Transaction
ESG Kullen’s purchase of 186 units out of the total 290 secures the new owner’s control over the southern Florida condominium association.
15 February 2019 13:29 -
FCP Expands Atlanta-Area Portfolio With $30M Buy
Hercules Real Estate Services sold the 210-unit Chroma Park in Austell, Ga. The new owner plans to invest in capital improvements on buildings, amenities and interiors.
15 February 2019 13:06 -
Dallas Community Changes Hands
NorthMarq Capital provided the buyer, MORE Residential, with more than $43 million in Freddie Mac acquisition financing for the 2013-built asset.
15 February 2019 12:23 -
Westmount Acquires San Antonio Community
The Place at Houston Street is a garden-style asset with 200 units. The new owner is set to invest in improvements, including new fencing, a renovated pool and refreshed landscaping.
14 February 2019 15:03 -
Investcorp Acquires $330M Multifamily Portfolio
The eight communities encompass some 2,500 Class B units across the Southeast and Southwest.
14 February 2019 09:00 -
Miami High-Rise Lands $92M Financing
Modera Metro Dadeland, completed in 2017, has 422 apartments within walking distance of the Dadeland North Metrorail station.
13 February 2019 14:26 -
Four Mile Capital Expands VA Footprint
The firm purchased a two-property portfolio totaling 234 units and plans a capital improvement plan to upgrade interior units and amenity spaces.
12 February 2019 11:21 -
Indus Management Group Acquires Houston Asset
Vanderbilt Court, located in southwest Houston, was purchased for $11 million. The buyer secured an $8.2 million loan for the property.
12 February 2019 10:37 -
Tusk Equities Expands in Atlanta
Arbor Commercial Funding provided more than $9 million in acquisition financing for the property, which marks the buyer’s third purchase in the metro in the past year.
11 February 2019 16:42 -
Jacksonville Community Trades for $15M
The seller, DEL Development, purchased the asset in 2011. The new owner obtained more than $14 million in acquisition financing from The Bancorp Bank.
11 February 2019 13:29 -
Central Florida Apartments Command $50M
Cushman & Wakefield facilitated a deal for a 12-building, 383,212-square-foot community in Lakeland, halfway between Orlando and Tampa.
07 February 2019 15:04 -
TruAmerica Multifamily Pays $64M for Orlando Asset
Island Club is a 472-unit gated community located 10 minutes from downtown and close to major employers in the city, including Universal Orlando Resort.
07 February 2019 07:59