Finance & Investment
Pure Multi-Family REIT Acquires Two San Antonio Communities
Canadian REIT Pure Multi-Family closed on the agreement to purchase the TPC multifamily portfolio in San Antonio.
Nashville-Area Apartments Trade for $93M
The portfolio consists of Bellevue West and Highlands at the Lake, which together total 838 units.
CBRE Secures Refi for Duke City Apartment Community
Prime Residential secured a $15.5 million refi through CBRE Capital Markets for an Albuquerque apartment community.
Two Phoenix Communities Receive $73M in Funding
Mesa West is taking advantage of a strong multifamily market in Phoenix.
Q&A with Sean Bannon of U.S. Real Estate at Zurich Insurance Group
The industry vet recently took some time to talk with Multi-Housing News about investments in the year ahead.
Greystar Acquires Two NYC Communities for $336.3M
The two transactions represent the full investment of the $800 million Greystar Equity Partners VIII LP, part of Greystar’s flagship, value-add fund series.
M3 Multifamily Refinances the Links at Forest Creek
M3 Multifamily landed an $8 million loan for the refinancing of a 220-unit community in Round Rock, Texas.
Multifamily Community Near Union Village Acquired by TruAmerica
Acquisition of Class B apartment community provides growth potential for L.A.-based company.
On the Market: This Week’s Most Interesting CRE Listings
Check out the week’s most interesting for-sale CRE assets.
Transactions: March 2016
The following is a list of transactions that were announced between 12/30/2015 – 01/22/2016. To have your transaction featured, submit details to mallory.bulman@cpe-mhn.com. SALES: Arium Barber Park Location: Orlando, Fla. No. of Units: 526 Buyer: White Eagle Property Group Seller/Representative: CBRE Investment Properties Notes: CBRE represented the seller, Carroll Organization. Value: $51.9 million Allister North Hills Location: Raleigh, N.C. No. of Units: 434 Buyer: Heitman Seller/Representative: Federal Capital Partners/Kane Realty Corp. Notes: Kane Residential will continue to manage the property for the new owner. Value: $93.5 million The Millennium in Woodland Hills Location: Los Angeles No. of Units: 395 Buyer: TruAmerica Multifamily Seller/Representative: Intercontinental Real Estate Corporation Notes: Under its new…