News
Work Starts on Office-to-Apartment Conversion in Virginia
Lowe and USAA Real Estate plan to deliver 435 units across two towers in Alexandria’s Park Center complex.
MLG Capital JV Closes Georgia Value-Add Play
The partnership acquired Pinewood at National Hills in Augusta in an off-market deal.
Avanath Acquires Boston Workforce Housing
The purchase of the 207-unit Morton Village Apartments in Mattapan, Mass., marks the company’s entrance into the Boston metro.
Summit Communities Buys Colorado Asset for $41M
CBRE brokered the sale of the 10-building Highland Way community just north of central Denver.
CBRE Arranges Sale of Tampa-Area Community
Michael Regan, Francesco Carriera and Robert Kadori represented the seller and the buyer in the transaction.
Greystar Picks Up Two Charlotte Communities for $121M
A Florida-based investment firm sold Barrington Place and Waterlynn Ridge in a deal brokered by JLL.
American Landmark Acquires Forth Worth Community
The acquisition of the 300-unit property grows the firm’s Dallas-Fort Worth portfolio to 18 multifamily communities.
Armada Hoffler Buys Maryland Luxury Property
The REIT had previously been a mezzanine lender to the developer and seller of the 416-unit The Residences at Annapolis Junction.
Starwood REIT Buys $645M of Affordable Housing
The trust managed by Starwood REIT Advisors has acquired two portfolios totaling 4,618 units in the Mid-Atlantic and Sunbelt regions.
Thayer Manca Buys Second Tucson Community for $66M
The company plans to invest $4.9 million to rebrand and upgrade the 424-unit property, which was completed in 1985.