Market Rate

Aura Properties Breaks Ground on MA Mixed-Use Project

The company is developing the five-story, 42,000-square-foot building in Brookline, with a completion date scheduled for next August.

Market Rate

JVM Completes Renovation in Indianapolis

The community underwent major renovations, including a new pet-washing station, an upgraded fitness center, a coworking lounge, a redesigned clubhouse and new furniture for the pool.

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Canyon Partners Acquires LA-Area Property

The firm has expanded its portfolio with the 153-unit Fountain View Apartments in Long Beach, Calif. MHE Real Estate sold the property for $36.5 million.

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Regions

Change City

Prism Multifamily Buys Las Vegas Portfolio

The four Class A and Class B communities add up to almost 500 units and commanded a price tag of nearly $47 million.
Las Vegas 14 December 2018 13:43
Coastline Management Pays $19M for Tampa Community

Walker & Dunlop provided the buyer with more than $17 million in acquisition financing for the 212-unit Class B multifamily asset.
Tampa 14 December 2018 13:05
Salt Lake Community Changes Hands

Nitya Capital is the new owner of the 151-unit Class B community in the city’s downtown, after funding the purchase with more than $27 million in acquisition financing.
Salt Lake City 14 December 2018 11:24
Promark Buys Baltimore-Area Community

The firm acquired the 54-unit Class B community in Glen Burnie, Md., for more than $7 million, using a $6.1 million acquisition loan.
Baltimore 14 December 2018 10:49
CBRE Facilitates $47M Transaction in Denver

David Potarf, Dan Woodward, Matthew Barnett and Jake Young represented seller FPA Multifamily. Velo Apartment Homes encompasses 240 units across 10 mid-rise buildings.
Denver 13 December 2018 14:46
Sacramento-Area Community Changes Hands

MJD Capital Partners paid more than $8 million for the 66-unit, Class C multifamily asset, situated 10 miles northeast of the city’s downtown.
Sacramento 13 December 2018 13:07
Greystar Acquires Atlanta Community for $60M

Balfour Beatty earned a 30 percent return on the 437-unit multifamily asset, which it purchased from Resource Real Estate in 2016.
Atlanta 13 December 2018 12:47