Finance & Investment
Passco Acquires 240-Unit AL Community
ARIUM HomePlace, a 240-unit luxury property in the Prattville submarket, will be rebranded as The Meadows at HomePlace, reflecting its location in the master-planned Homeplace community.
Harrison Street Snags German Student Housing Portfolio
The company purchased 1,000 units in cities throughout the country from MPC Capital AG, which will continue to manage the STAYTOO-branded properties.
Blackfin, Capital Solutions Buy NC Asset for $28M
Westborough Apartments in Greensboro is a 502-unit, garden-style community built in 1972. Amenities include a fitness center, playground and dog park.
Integrity Working on Affordable Housing in Ventura
Riverside Apartments will feature 23 units and will incorporate sustainable construction best practices. The project is being developed in partnership with MW Development.
AvalonBay Sells New Haven Community for $33M
Inland Real Estate Acquisitions LLC will rebrand the newly purchased, 99-unit community in Shelton, Conn., to Huntington Townhomes.
IEC Buys OC Community for $134M
The acquisition of the 400-unit, value-add multifamily community was on behalf of IEC Institutional Fund III LP, a fully discretionary, $200 million commingled fund.
Boston’s Bulfinch Crossing Lands $250M in Financing
HFF arranged a construction loan for the 46-story residential tower at Bulfinch Crossing, which is set to become the tallest rental community in Boston.
HFF Secures Financing for Houston Luxury Tower
Located at 2930 Kirby Drive, Hanover River Oaks is a to-be-built, 39-story, 370-unit luxury high-rise multifamily tower with approximately 10,000 square feet of ground-floor retail space.
VA Community Trades for $8M
Built in 1981, Maple Ridge Apartments is located in Lynchburg, Va. and features 152 units. The asset was purchased by Aria Legacy Group.
TruAmerica, Blackstone Buy 2 for $127M
The joint venture has acquired two garden-style communities: the 319-unit Montair in suburban Denver and the 316-unit Walden Pond in suburban Seattle.