Finance & Investment
Nitya Capital Buys Portfolio for $400M
Eastdil Secured represented both parties in the transaction.
Magnolia Capital, Principal Real Estate Form SFR Partnership
The joint venture will purchase at least 1,000 homes per year.
Arch Cos. Sells 6 Communities for $199M
The properties total nearly 2,000 units in the Carolinas and Florida.
IEC Closes 5th Institutional Fund at $445M
The investor is targeting value-add communities on the West Coast.
Tides Equities Pays $59M for North Phoenix Community
The company plans to renovate and rebrand the property as The Tides on Cave Creek.
Rise48 Equity Buys Phoenix-Area Portfolio for $107M
Northmarq represented the seller in its disposition of three properties.
Boston Financial Closes California Fund at $83M
The LIHTC vehicle will create more than 600 units of affordable housing.
Harbor Group International Buys Miami High-Rise
Cushman & Wakefield brokered the sale of the two-tower community.
Pacific Sands Funds Buys Central Texas Community
Terrydale Capital provided $11.2 million to finance the acquisition.