Deals - South

Michaelson Acquires 520-Unit TN Community
Purchased for $48 million, The Metropolitan features one- and two-bedroom floorplans. The community has undergone a multi-million dollar renovation over the past few years.
Market Rate
Greystone Brown Closes Sale of Atlanta Community
The team of Barden Brown, Chandler Brown and Cory Caroline Sams worked on behalf of seller Alexander Properties Group in the $49 million transaction.
Market Rate
CBRE Brokers Sale of Ft. Lauderdale-Area Community
Still Hunter and Chris Smiles of CBRE’s South Florida Multifamily Capital Markets team worked on behalf of the seller in the transaction, while Freddie Mac originated the acquisition financing.
Market Rate

Cities

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    FL Mixed-Use Community Adds Multifamily Component

    Edera at Coconut Point will be the only residential rental property within the 500-acre, master-planned, mixed-use development.

    19 September 2017 16:10

  • HFF Arranges Sale, Financing of Metro Houston Apartments

    Hilltop Residential is the new owner of Villages of Cypress Creek, a 384-unit, Class A community in the city’s northwest suburb of Cypress, Texas.

    19 September 2017 15:47

  • CBRE Facilitates Sale of North Houston Community

    Casa Verde Apartments, a 44-year-old, garden-style community, located in north Houston, has been undergoing renovations for the past two years.

    18 September 2017 13:57

  • Miami Community Commands $37M

    Evan Kristol and Felipe Echarte of Marcus and Millichap’s investment team worked on behalf of the private seller to procure the buyer, Blue Rock Partners, for the transaction.

    15 September 2017 17:02

  • Greystone Closes $77M Transaction for SC Portfolio

    The initiative recapitalizes and preserves the affordability of 18 communities. All the 762 units are restricted to low-income households and will undergo renovations to improve the exteriors and interiors.

    14 September 2017 20:26

  • Michaelson Acquires Dallas Apartments

    Built in 1982, Chesapeake Apartments includes 126 units and features four floorplans. Currently the property is 98-percent occupied.

    13 September 2017 19:16

  • PRP Sells Class A Property for $44M in Atlanta

    Perseus Realty Partners completed the disposition of Ansley at Princeton Lakes, selling it for $43,5 million. The property is ten minutes away from Hartsfield-Jackson International Airport.

    13 September 2017 13:06

  • Arrimus Snags FL Student Housing

    The company made its second purchase from Parkland Development Corp. this year with the Forum at Tallahassee, a 264-unit community serving Florida State University students.

    12 September 2017 15:30

  • JLL Leads TX Community Transaction

    Canopy Apartments now owns Barcelona Apartments, a 64-unit property located in Kingsville, Texas, and a former asset of Coastal Barcelona. The new manager is 3CM Multifamily.

    12 September 2017 14:35

  • Atlanta-Area Community Trades in $47M Deal

    The Reserve at Johns Creek Walk centers on a divided median boulevard, designed to evoke an old downtown with 20th century-style architecture.

    12 September 2017 12:39

  • Boston Capital Nabs Charlotte, NC Community

    The company acquired the 368-unit property on behalf of Boston Capital Income & Value U.S. Apartment Fund. The cost of purchase, including improvements, reached $60 million.

    07 September 2017 18:31

  • Alden Street Capital Buys FL Student Housing

    TSB Realty arranged the sale of the 770-bed student housing property marked the company’s third transaction to an affiliate of Alden Street. The community was built in 2009.

    06 September 2017 21:25

  • Dougherty Closes $9M Loan for Tallahassee Sale

    The company closed a 12-year Fannie Mae financing for the acquisition of a 152-unit market-rate property located within 10 minutes of downtown.

    06 September 2017 13:04

  • Napali Acquires 2nd GA Community

    The company purchased Forest Park Manor, a 100-unit property in Forest Park, and plans to rebrand it as Residences at Stonebrook.

    05 September 2017 16:10

  • Aztec Group Secures $5M for FL Senior Communities

    The Memory Lane Cottages in Oviedo and Tampa are assisted living facilities specializing in serving individuals with Alzheimer and dementia-related disease. Charles Penan, executive vice president, and Howard Taft, senior managing director, brokered the deal.

    05 September 2017 16:05