Finance & Investment
Alabama Community Trades for $73M
BH Equities acquired the 696-unit property in Hoover, Ala., from Heritage Income Properties. Newmark Knight Frank handled the sale.
Capstone Apartment Partners Arranges North Tennessee Sale
The 32-unit property changed hands with help from the company’s Adam Klenk, Jonathan Hawks and Tyler Mayo, who represented seller Cove Residential in the deal.
Omninet Capital Sells 200-Unit Austin Asset
Berkadia secured a $15 million Fannie Mae acquisition loan for the buyer, One Real Estate Investment, and also delivered a NYSE-traded REIT as the equity partner.
Walden Group Expands Atlanta Footprint With $44M Buy
The company acquired two Class B communities totaling 432 units in Marietta, Ga. A Berkadia team assisted the seller in the transaction.
37th Parallel Enters Atlanta Market
CBRE represented the seller in its disposition of the 111-unit Park on Clairmont.
Suburban Chicago Property Changes Hands
Broadshore Capital Partners leveraged its value-add experience to upgrade and sell Fairways of Naperville.
Atlanta-Area Communities Trade for $35M
Castle Lanterra Properties and Stonemark Housing Partners separately scooped up properties in the suburb of Austell, Ga.
DTZ Investors, The Collective Launch Co-Living Fund
The venture, which bills itself as the world’s first institutional co-living fund, is seeking to raise up to $815 million.
Nashville’s 2nd Tallest Building Refinances
TIAA provided Giarratana Development with a $77 million loan for the high-rise, which contains 350 apartments in addition to condominium units, a hotel and retail on the lower floors.
Greystone Brokers Sale of Dallas Community
The company worked on behalf of both the seller and the buyer to arrange the $13.4 million transaction.