Finance & Investment
MG Properties Expands Nevada Portfolio
The firm paid nearly $54 million for Marina Village Apartments located in Sparks, Nev.
Castle Lanterra Pays $77M for Tampa-Area Asset
The developer sold the 339-unit, fully occupied luxury community shortly after completion.
Salt Lake City Community Lands $34M Refi
Lake Union Partners’ 263-unit Class A multifamily asset delivered in August 2018.
Bascom Group Trades Las Vegas Community for $70M
The seller had purchased the 308-unit property four years earlier for a fraction of the price.
San Diego Community Trades for $23M
Property West Residential purchased the 60-unit Class B multifamily asset near one of the city’s major universities.
Single-Family Rental Homes Receive $2.5B Boost
Global City Development and Leste plan to deliver 10,000 homes nationwide through a new platform.
Advenir Sells Colorado Springs Property for $69M
Newmark Knight Frank originated a $48.2 million, 10-year Freddie Mac acquisition loan for the buyer.
Castle Lanterra Sells Revamped Atlanta Asset for $45M
The company acquired the 322-unit Landing Square community in December 2016 for $32 million.
NorthMarq Arranges $8M Acquisition Loan
The company secured the loan for the acquisition of a 43-unit property located in Park City, Utah.
Creative Realty Sells Jacksonville Community for $20M
The buyer plans to invest $2 million into updates to the 281-unit property’s common areas and amenities.