Finance & Investment

DFW Community Changes Hands

A local partnership sold The Bristols Apartments, a market-rate multifamily property in Hurst, Texas. The new owner plans to renovate the 94-unit community.

Market Rate

Capital One Closes $12M HUD Loan for Portland Skilled Nursing Facility

The loan proceeds will refinance a comprehensive renovation program of the 128-bed property in Gresham, Ore., as skilled nursing occupancy rates continue to increase nationwide.

Senior Housing

AVR Realty Sells $250M Portfolio

El-Ad National Properties acquired the nine-property portfolio consisting of pet-friendly communities in Lafayette, Shreveport and Slidell, La., totaling 2,079 units.

Market Rate

Regions

Change City

SENTRE Bags $13M for San Diego Community

CVG Properties Inc. acquired Carlton Heights Villas, a 70-unit apartment community in the neighborhood of Santee. The property had an occupancy rate of 98.6 percent as of last month, following a major makeover.
San Diego 26 July 2017 14:04
Luxury Multifamily Asset Changes Hands in NC

Autumn Woods is two miles from UNC Chapel Hill Campus and features a wide array of community amenities including a resort-inspired pool and 24-hour fitness center.
South 26 July 2017 13:58
Security Properties Expands Portfolio With $98M AZ Buy

The firm acquired three apartment communities totaling 1,276 units in Mesa, Glendale and Phoenix. Starwood Capital Group, the seller, bought the assets in 2012.
Phoenix 26 July 2017 13:20
Walker & Dunlop Secures $52M in Financing in CA

The firm arranged the 10-year Freddie Mac Green Up loan for a 565-unit community located in the Arden Arcade neighborhood, on behalf of the new owner, OpenPath Investments.
Sacramento 26 July 2017 13:01
Sunset Boulevard Condos Secure $21M Loan

A joint venture obtained the financing for a new-construction condo project in the Silver Lake neighborhood of Los Angeles.
Los Angeles 26 July 2017 08:18
Naples Community Changes Hands for $67M

The seller completed a series of improvements during its ownership, including the renovation of the clubhouse and the creation of a private fitness studio.
South 25 July 2017 17:53
Chicago Student Housing Tower Changes Hands

University Center Chicago, acquired by AXA Investment Managers - Real Assets and Blue Vista Capital Management, totals 1,732 beds and is proximate to 22 universities.
Chicago 25 July 2017 16:39