Finance & Investment
Griffis/Blessing Ends 2016 with $85M Deal
The Colorado Springs-based company purchased two properties in metro Denver, totaling 454 units.
Prospect Heights Assets Command $30M
Related Cos. has acquired four assets from BCB Property Management.
MG Properties Grabs Phoenix-Area Property
JLL brokered the $51 million sale by Rockwood Capital and Alliance Residential of the well-situated, highly amenitized property.
Hunt Mortgage Provides $5M Refi for Affordable Property
The Freddie Mac loan will refinance Lodge Apartments, a 140-unit community in Columbus.
Greystone Oversees Sale of Memory Care Portfolio
The four communities, each with 70 memory care units and 75 beds, are in various parts of Texas.
Draper and Kramer Acquires Second San Antonio Apartment Property
The View at Encino Commons Apartment Homes includes 27 two-story residential buildings with a mix of one-, two- and three-bedroom units, as well as a separate clubhouse/leasing center.
Monument Capital Management Acquires Arizona Apartments
The property marks the firm’s first asset in the state and seventh acquisition for the firm’s Monument Opportunity Fund III.
Sequoia Equities Expands Seattle Footprint
The buyer plans to put the property through renovation almost immediately.
Castle Lanterra Enters Denver Market with $103M Acquisition
Located five minutes from downtown Denver, the property features 19 different studio, one- and two-bedroom floor plans and a significant retail component.
Austin Apartment Community Trades for $49M
BRG invested roughly 93 percent in the venture, which translates to approximately $15 million.