Finance & Investment
Quad Property Group Expands FL Footprint
The company paid $10.8 million for a 152-unit value-add community in Jacksonville, financed by a nearly $8 million Fannie Mae loan.
Goldman Sachs Snags 821-Unit Philadelphia Community
The purchase of Chestnut Hill Village marks the company’s 18th investment, bringing its total portfolio to 5,600 units. HFF worked on behalf of the new owner to arrange a 10-year, fixed-rate acquisition loan.
JV Acquires Massive San Diego-Area TOD
TruAmerica Multifamily and Intercontinental Real Estate Corp. secured Alterra & Pravada at Grossmont Station, a 527-unit property in La Mesa.
CIM Group Makes DC Mixed-Use Purchase
Trellis House is a newly constructed property in the city’s Shaw/U Street Corridor with 319 units and 11,000 square feet of ground-floor retail.
CBRE Brokers Largest Sale in Orlando History
A joint venture between GoldOller Real Estate Investments and The Family Office sold two assets and a total of 876 units located in the city’s Altamonte Springs submarket.
Boston Luxury Community Trades for $43M
Grossman Cos. teamed up with The Waypoint Cos. to sell the recently completed, 80-unit property situated in the Allston neighborhood.
Palm Beach-Area Community Trades for $26M
Berkadia’s South Florida office team represented sellers Coast Capital Partners and Naya USA, and arranged the acquisition loan on behalf of the buyer, One Real Estate Investment.
Top 10 Columbus Multifamily Transactions
The city is quickly becoming the most important economy in Ohio, thanks to its relatively affordable housing and growing economy. This year, more than 2,000 units traded for a total of $266 million.
Spencer Equity Acquires Brooklyn Section 8 Building for $50M
The 250-unit property in Coney Island was sold by the Orbach Group in a transaction arranged by Rosewood Realty Group.
Capital Realty Spearheads 66-Building NJ Sale
The company brokered the $130 million sale, which includes 919 units in Bayonne and Union City. This represents the largest multifamily deal in the area in terms of both number of units and total sale price.