Finance & Investment
Trilogy Acquires Columbus-Area Apartments
The firm has purchased The Mirada in Lewis Center, Ohio, which was 95 percent leased at the time of sale.
Praedium Group Adds to Arizona Holdings
The real estate investment firm purchased the 385-unit Liv North Valley in Phoenix for $90 million.
Related Cos. JV Lands $38M for Ohio Affordable Senior Housing
Proceeds will be used for extensive renovations at the 230-unit historic property.
Buchanan Street Partners Makes $74M Colorado Purchase
Newmark Knight Frank represented the seller of The Vibe, a 276-unit community in Fort Collins, Colo.
Investment Conditions Dip in Q2, Freddie Mac Finds
The pandemic has shrunk the pool of attractive investment opportunities, yet several key metrics have improved year-over-year.
Capstone Arranges Tennessee Luxury Community Sale
Adam Klenk, Tyler Mayo, Austin Heithcock and Jonathan Hawks brokered the transaction of the 96-unit property in Jackson.
Graceada Partners Pays $24M for Sacramento Community
The new owner plans to renovate and modernize the property, investing $12,000 per unit.
San Diego Community Sells for $70M
CRBE provided $43 million in financing through Cigna for R&V Management’s acquisition of the LEED Platinum-certified property.
Lendlease Recapitalizes 2 Projects for $200M
The loans are for The Cooper in Chicago and Clippership Wharf in Boston, held through its U.S. investment vehicle with Aware Super.
PRC Group Lands $87M Loan for New Jersey Workforce Housing Portfolio
Walker & Dunlop has arranged the Fannie Mae financing, which will go towards the renovation of three properties.