Finance & Investment
Clayton Nabs Largest Homebuilder in KC
The company acquired all operating assets of Summit Custom Homes.
Bascom Group Acquires Tucson Apartment Property
The new owner of Springs at Continental Ranch Apartments plans to upgrade the 196-unit community’s interior, exterior and amenities.
Berkadia Closes Sale of Historic Community in San Diego
The asset is located in the historic neighborhood of Bankers Hill.
Pensam Residential Acquires Denver Landmark Community for $350M
The price sets a new record for Colorado and is the second highest paid for a single multifamily asset in the U.S. this year.
Berkadia Arranges $36M Loan for Sin City Communities
Pine Hills Lodge and Sonoma Shadows will be run as one asset, rebranded as Solaire Apartments.
City North at Sunrise Ranch Changes Hands
Alliance Residential Co. will handle property management responsibilities.
Downtown Portland Community Sells for $23M
Grand Peaks Properties of Colorado acquired the property for $282,530 per unit.
David Schwarz, ARA Newmark on Prime Opportunity for Developers
The company’s executive managing director is looking into the challenging multifamily market in Houston.
Berkadia Arranges $115M Sale of Orange County Community
The buyer plans to update the 292-unit Amerige Pointe, which is located within a historic master-planned community.
Transwestern Brokers Sale of Dallas-Fort Worth Communities
The two properties are the Residence at Midtown Apartments, a 296-unit community located in Dallas, and Vistas at Lake Worth, a 265-unit community in Fort Worth.