Market Rate
Peak Management Pays $36M for Suburban Baltimore Apartments
The seller renovated the 1968-built community in 2018. The buyer plans to further upgrade the 144-unit, mixed-use asset.
Haven Realty Capital Buys Knoxville SFR for $23M
The 54-home project is expected to reach full stabilization at the end of the year.
JLL Income Property Trust Invests in $1.2B SFR Portfolio
The REIT acquired a 47 percent interest in a portfolio with more than 4,000 homes.
Southwest Florida Multifamily Project Lands $45M Construction Loan
The 288-unit garden-style community in Port Charlotte is scheduled for delivery in the second half of 2023.
Berkadia Secures $77M Financing for 2 Southeast Properties
The HUD loans will be used to refinance a property in Virginia and construct a community in West Virginia.
Northwood Ravin Lands Refi for Charlotte Community
CBRE arranged the loan for the 823-unit Village at Commonwealth.
Covenant Capital Raises $600M Apartment Fund
The largest vehicle in the firm’s history will be used to acquire as many as 50 value-add properties over the next several years.
Western Wealth Pays $31M for Las Vegas Asset
The transaction marks the company’s second acquisition in the metro.
RKW Residential Grows North Carolina Management Portfolio
The firm was tapped by Levine Properties and Ascent Real Estate Capital to handle five communities.
ACRES Capital Provides $89M Construction Loan for Houston Community
The 17-story building is scheduled for completion in September 2023.