Finance & Investment
Decron Buys $102M Phoenix-Area Community
The property last traded in 2019 for about half its current price.
Fairstead JV Pays $350M for Affordable Housing Portfolio
The deal is the biggest of its kind in New York City this year.
Velocis Buys $72M Nashville Community
Sherman Residential traded the property after three years of ownership.
Ortsac Buys Orlando-Area Apartments for $124M
Newmark arranged $71 million acquisition financing for the deal.
UMH Properties, Nuveen Form Manufactured Housing JV
The partnership will focus on the development and acquisition of new communities through a $170 million initial investment.
Jair Lynch Buys Maryland Apartments
Transwestern Real Estate Services represented the sellers in the deal.
Inland Private Capital Corp. Sells 2 for $139M
The firm will use the proceeds to complete a tax-deferred exchange.
Waterford JV Acquires LA-Area Community for $280M
The partners will convert the property to essential housing.
JRK Property Holdings Acquires 5 Communities for $390M
The company has added more than 1,500 units to its portfolio.
Cohen Investment Group Buys $59M Self Storage Asset
The Virginia Beach property’s price increased threefold since it last traded.