Finance & Investment
Cushman & Wakefield Brokers $33M Charlotte-Area Sale
Jordan McCarley, Marc Robinson and Watson Bryant of the company’s Southeast Multifamily Advisory Group facilitated the disposal of Fountains at Mooresville Town Square, a 227-unit community in Mooresville, N.C.
Greystar Acquires 273-Unit Portland Community
Indigo at Twelve West is a LEED Platinum certified mixed-use community in the West End submarket. The property also includes 10,000 square feet of retail and 86,000 square feet of creative office space.
Related Cos. Closes on 7,000+ Affordable Units in 16 States
The company acquired the 51-property portfolio from Aimco and plans to preserve the communities.
On the Market: 5 Interesting Listings for the Week of 7/23
This week’s listings include a spacious community in west Portland, a 196-unit community just outside of central D.C. and more.
Grandbridge Real Estate Capital Arranges $21M Refi for VA Property
The 180-unit Stuart Hill Apartments in Winchester was recently renovated and includes a pool, a tennis court and on-site maintenance.
Luxury Denver-Area Community Lands $119M
HFF arranged the five-year, floating-rate loan to replace the existing construction financing for The Forum Fitzsimons, a 397-unit mixed-use property in Aurora.
Cortland Partners Snags $66M Orlando Property
ARA Newmark Vice Chairman Patrick Dufour, Director Scott Ramey and Executive Managing Director Kevin Judd worked on behalf of the seller, LeCesse Development, to facilitate the transaction.
Trion Properties Grows Portland Portfolio
The company acquired Springbrook Gardens, an 84-unit community located in the Aloha submarket, for $11 million.
On-Campus AZ Student Housing Commands $27M
Harrison Street Real Estate has acquired Century Hall, a 170-unit, 318-bed property at Arizona State University – Polytechnic Campus in Mesa.
AMG Realty Offloads Ohio Community
A private investor acquired the 66-unit asset in Columbus’ North Linden submarket for $2.1 million. This marks the community’s second ownership transfer this year.