Finance & Investment
FPA Pays $34M for Los Angeles-Area Community
The 108-unit property was 95.4 percent occupied as of October, per Yardi Matrix data.
Ginkgo Residential Buys Back Durham Property
A NKF team of Alex Okulski, Jason Kon, John Munroe, Sean Wood, John Heimburger and Dean Smith brokered the sale of 501 Towns.
Presidium Group Sells Fort Worth 265-Unit Community
NorthMarq Capital arranged a $19.9 million Fannie Mae acquisition loan for the new owner.
Denver-Area Property Scores $40M Refi
The owner of the 2017-built community refinanced an existing CMBS loan originated last year.
Newly Renovated 280-Unit Dallas Property Changes Hands
The 1971-built community last traded two years ago, when MBP Capital acquired it from Crest Asset Management.
Portland Luxury Asset Sells for $24M
Kidder Matthews assisted C.E. John Co. in the disposition of a 51-unit high-end property located in the Alphabet District.
Affordable Senior Community Changes Hands in Baltimore
BCI Management paid roughly $8 million for the 100-unit property located in the Gwynn Oak submarket.
Atlanta High-Rise Condo Project Gets $105M
McKinley Homes is developing Seven88 West Midtown, a 22-story residential tower rising in the West Midtown neighborhood.
Savlan Capital Pays $28M for Jacksonville Community
The new owner plans to invest $4.3 million in interior and exterior renovations at the 332-unit property.
Daytona Beach Luxury Development Scores $29M Loan
The 256-unit community, now under construction, is said to be the first multifamily project in South Daytona in nearly 30 years.