Finance & Investment
CBRE Global Investors Buys in Baltimore
A fund advised by the firm has acquired Brewers Hill, a 440-unit, Class-AA community, from National Properties Ltd.
Pacolet Milliken Takes Prime Brooklyn Property
A new 63-unit community in Crown Heights trades for $52 million.
Metro Portland Community Fetches $76M
MG Properties Group of San Diego bought the 390-unit Green Leaf Monterey Apartments in Happy Valley, Ore.
HFF Arranges $19M Financing For Denver Community
The Phenix at 4 Mile is located in Glendale, Colo., and consists of 177 units across eight buildings.
Strata Equity Group Buys Southeast Residential Portfolio for $720M
CBRE Capital Markets facilitated the acquisition, which ranks as one of the largest multifamily transactions of the year.
Capital One Secures $22M Loan for Suburban Atlanta Apartments
Capital One provided an initial $21 million funding with a $1 million earn-out to reimburse the company for investment expenses.
Ponderosa Apartments under New Ownership
The class C, garden-style asset presents a myriad of value-add opportunities.
Marcus & Millichap Arranges Sale of J-Ville Community
Thoroughbred Property Management sold Tradewinds Apartment Homes for $3.8 million to a private investor.
Barings Closes $93M Acquisition of Acre Capital Holdings
The ACRE Capital platform will be rebranded as Barings Multifamily Capital.
Vesper Holdings, Prospect Capital Invest in Student Housing
The multi-state portfolio includes communities located near Division I universities.