Finance & Investment
Summit Management Wins $86M CO Community
The company acquired Stonegate, a 350-unit, garden-style property.
CBRE Sells, Meridian Finances 2 Gateway City Properties
Strategic Properties of North America picked up 181 units at Old Post Office Plaza.
Continental Partners Secures Financing for SF Conversion
The sponsor plans to convert a a 7,500 square-foot value-add office building into multifamily micro-units.
NABE Special Report: Regulatory Enforcement
What are the implications of the Trump administration’s goals to reduce economic regulations?
Multifamily Completions to Peak in 2017
Is the growth in residential development, coupled with decreasing construction costs, a sign that the industry is reaching the top of the current cycle?
Triumph Enters Denver Market
The company acquired Villas at Holly, 143-unit community, for $26 million.
Transactions: March 2017
by Mallory Bulman The following is a list of transactions that were announced between Nov. 30, 2016, and Jan. 24, 2017. To have your transaction featured, submit details to mallory.bulman@cpe-mhn.com Originally appearing in the March 2017 issue of MHN.
Arrimus Buys Student Housing Community, Adds Partner
In a deal arranged by CBRE, the company paid $63.7 million to acquire the Class A asset to acquire the Class A asset in Denton, Texas, from Parkland Development.
HFF Facilitates Acquisition Financing for Apple Creek
At the time of the deal, the asset was 98 percent leased.
Infographic: US Secondary Markets See Record Multifamily Investment
Led by the West, secondary markets saw a 16-year high in multifamily investment during 2016.