Finance & Investment
Boston-Area Community Lands $30M Financing
Working on behalf of Forest Properties, American Street Capital arranged the loan for the 111-unit Barclay on Beacon in Brookline, Mass.
Tampa Bay Luxury Community Trades for $80M
The 180-unit high-end residential property in Sarasota has obtained one of the highest prices per unit ever achieved in the Florida multifamily market.
Security Properties, Rockwood Capital Acquire Seattle-Area Asset
Taluswood in Mountlake Terrace is one of the largest garden-style apartment communities north of Seattle and will be managed by Security Properties Residential.
Little Rock Community Lands $36M Loan
The new, 294-unit community developed by Huffman & Co. received the 12-year financing from Fannie Mae’s Delegated Underwriting and Servicing (DUS) program. Greystone originated the transaction.
Starlight Adds $80M Arizona Community to Portfolio
The investment firm’s U.S. multifamily vehicle acquired the 282-unit luxury property in the city of Scottsdale from Sunridge Apartments, adding to its network of recently completed assets in Southern metro areas.
Pacific Equities Sells Nashville Apartments
The acquisition of the 160-unit community marks the buyer’s fifth purchase in the metro since 2015. Berkadia provided the new owner with more than $11 million in Fannie Mae financing.
Tampa Bay Luxury Community Lands $45M Refi
Berkadia has arranged a 10-year Fannie Mae loan for the 227-unit multifamily property on behalf of a subsidiary of Primerica Group One.
San Mateo Community Sells for $26M
Marcus & Millichap’s Levin Johnston arranged the sale of the 38-unit property located within two miles of downtown.
Tides Equities Buys AZ Property for $40M
Berkadia arranged the sale of the 488-unit garden-style community located in Phoenix, approximately 10 miles from downtown. The brokerage firm represented the seller in the transaction.
Western Wealth Capital Sells Phoenix-Area Property
The 153-unit Verde Dimora traded for $27 million, or roughly $177,000 per unit. A team from IPA represented the seller and procured the buyer.