Finance & Investment
Goodman Real Estate Buys WA Property for $32M
Colliers brokered the sale of the apartment community, which encompasses 216 units in six buildings. The 1985-built property was recently renovated.
Quad Property Group Enters SC Multifamily Market
The company plans to invest in extensive renovations of Grandeagle’s 152 units and amenities.
Greysteel Brokers 208-Unit TX Property
Doug Banerjee, Boyan Radic, Andrew Mueller, Andrew Hanson and Jack Stone closed the deal on behalf of the seller.
PGIM’s 2018 Mid-Year Multifamily Outlook
Real Estate Finance Managing Director Mike McRoberts offers a forecast for the sector in an exclusive video interview with MHN.
Atlantic | Pacific Cos. Expands GA Footprint
The Pointe at Preston Ridge in Alpharetta marks the firm’s 21st owned and managed community within the Atlanta metro, bringing its total to nearly 5,500 units.
Stone Point Capital to Acquire Sabal Capital Partners
The firm will continue to be operated by Founder & CEO Pat Jackson, as well as other senior members that will make investments within the company alongside the Trident VII funds.
Interra Closes 3 Chicago Sales
The properties are located in the suburb of Evanston and two North Side city neighborhoods, Avondale and Rogers Park. The combined transaction price was $10.1 million.
Greystone Provides $21M for GA Property
Totaling a combined 388 units, the Woodglen and Forest Pointe communities offer a mix of one- and two-bedroom units. Carter Multifamily purchased Forest Pointe earlier this year.
Recently Converted AZ Senior Housing Lands $13M Loan
The owner of the 227-unit assisted and independent living facility purchased the asset as an Embassy Suites Hotel and repurposed it in 2016.
Carmel Partners Trades SF Asset
Pacific Urban Residential paid more than $40 million for the 69-unit property, with Berkeley Point Capital providing acquisition financing for the transaction.