Finance & Investment
Transactions: October 2019
A selection of noteworthy deals announced between August 14 and September 20.
Capstone Apartment Partners Brokers North Carolina Sale
Austin Green, Brian Ford, Alex McDermott and Caleb Troop represented the seller and procured the buyer. The new owner intends to renovate the 128-unit community.
Value-Add Jacksonville Community Sells for $14M
Newmark Knight Frank assisted InvestRes in the disposition of the 176-unit asset located in the St. Nicholas neighborhood.
Six Peak Capital Kicks Off $1B Co-Living Fundraise
The asset manager, which invests in communal living projects with Common, tapped Cushman & Wakefield to secure the debt and equity financing.
Affordable Massachusetts Property Lands $23M Loan
MassHousing closed on the financing, which will allow Maloney Properties to undertake substantial renovations at the 50-year-old community and extend its affordability.
Manhattan Landmark Gets $386M Refi
Hunton Andrews Kurth LLP advised the owners of 70 Pine St. on the mortgage provided by Goldman Sachs.
Tucson-Area Community Scores $23M Refi
Greystone provided the Fannie Mae DUS loan for the 240-unit multifamily property located in Oro Valley, Ariz.
Metro Atlanta Asset Changes Ownership
The Walden Group paid more than $12 million for the 140-unit multifamily property located in Tucker, Ga.
Barings Sells Portland Community for $116M
Griffis Residential acquired the 294-unit, LEED Gold-certified property in the city’s South Waterfront neighborhood.
CA Ventures Moves into European Student Housing
The U.S. firm plans to invest $625 million per year in the UK and Ireland by 2021, while branching out into the Netherlands, Spain, Portugal and Italy.