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Marc Realty Sells Chicago Community

Interra Realty’s Senior Managing Partner Brad Feldman brokered the $2.8 million disposition of the recently-renovated Rogers Park community.

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Bridge Investment Group Sells Phoenix Community for $78M

Located 6 miles from the Cave Buttes Recreation Area, the 480-unit Monte Viejo traded in an all-cash deal and was almost fully occupied as of May.

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Adaptive Reuse Project in Kansas City Lands $33M Loan

The redevelopment of the former Commerce Bank Executive Office building in downtown Kansas City, Mo., will create a 184-unit community. Berkadia originated the financing.

Market Rate

Regions

Change City

Jacksonville Value-Add Community Changes Hands for $35M

The new ownership will invest more than $5 million to upgrade and reposition the 444-unit multifamily property as Topaz Villas JAX.
Jacksonville 24 June 2019 12:08
Turner Impact Capital Buys 659-Unit Houston Property

The buyer funded the acquisition of the 53-building Urban Palms with a $38 million Fannie Mae loan. Walker & Dunlop originated the financing.
Houston 24 June 2019 07:59
Historic Landmark Changes Hands in West Hollywood

Casa Real encompasses 60 units and is located within walking distance of Sunset Boulevard. New owner Concord Capital Partners used a $13.9 million loan to purchase the $17.3 million asset.
Los Angeles 21 June 2019 21:13
Houston Community Receives $40M Fannie Mae Loan

Greystone provided the green financing for a 342-unit community owned by Alara Ventures. The loan will enable continued improvements to the property located just south of the medical district.
Houston 21 June 2019 13:36
Alpha Partners Enters Charlotte With Portfolio Buy

The firm’s first acquisition in the market includes 147 units across three communities. The owner plans to add value to the properties through significant renovations.
Charlotte 20 June 2019 16:55
Value-Add Asset Draws TN Investor

LEDIC Realty Co. has acquired Enclave at Water’s Edge, a 184-unit community in the IBM area, from Hamilton Zanze & Co.
Austin 20 June 2019 16:39
GVA Real Estate Expands San Antonio Footprint

The new owner financed the acquisition of the 244-unit Kenton Place with a $18.6 million loan from NXT Capital, set to mature in 2022.
San Antonio 20 June 2019 15:34