Finance & Investment
PSP Investments, Pretium Form $700M SFR Venture
The Canadian pension giant will invest in single-family rental homes in the Southeast and Southwest through the new JV.
Lendlease Announces $1.1B Capital Commitment
The funds will be used to renovate more than 12,000 existing homes and build more than 1,200 new homes across six of its military housing communities.
Twin Cities Senior Community Trades in $19M Deal
The newly constructed 66-unit property north of downtown Minneapolis caters to residents 55 and over.
Lloyd Jones Buys Orlando Community for $65M
The seller, Bluerock Real Estate, acquired the Class B property for $43.3 million in 2014.
Alliant Capital Sees Big Year Ahead for Affordable Housing
The top syndicator’s 2021 outlook report predicts robust demand for the property type, but more complexities and delays delivering it.
Fillmore Capital Partners Grows Georgia Footprint
The company purchased a 257-unit partially affordable community in Marietta, adding to its state portfolio of more than 2.000 units.
Ascott Residence Trust Enters US Market With $95M Student Housing Purchase
The entity’s acquisition of a 525-bed community in Atlanta is expected to be completed by the end of the first quarter.
Sunroad Enterprises Sells Phoenix Community for $47M
FirstBank provided a $30.7 million loan for the acquisition of the 163-unit property in Peoria.
Berkadia Buckles Up for Active Multifamily Market in 2021
Professionals at the firm identified affordable housing and the Southeast region as top priorities for investors.
Investcorp Picks Up $330M Multifamily Portfolio
The 1,854-unit portfolio is spread across five properties in Georgia, Maryland and Florida.