Market Rate
Tower 16 Sells Phoenix Community for $30M
The buyer will continue capital improvements at the 214-unit asset, following nearly $2 million invested under the previous owner.
S2 Capital Buys Suburban DFW Portfolio
The new owner plans to invest more than $20 million into capital improvements at the two properties.
Las Vegas Community Trades for $24M
The deal marks the first time in three decades the 116-unit asset has changed hands.
Grosvenor Americas JV Raises $300M Investment Vehicle
The capital will be used to fund residential and mixed-use projects in Washington, D.C., California and Vancouver.
Kennedy Wilson Buys Albuquerque Apartments
The firm plans to invest $7 million in upgrades to the 344-unit property.
Sares Regis Pays $96M for San Diego Asset
Part of the acquisition loan will go toward upgrading the downtown property.
Dominium Grabs Texas Affordable Housing Property
The buyer plans to invest in interior and amenity upgrades at the 140-unit property in Bryan.
FCP Buys Suburban Atlanta Community
The acquisition of the 380-unit property in Smyrna, Ga., marks the company’s 20th investment in the metro.
Dwight Capital Closes $35M Loan for Detroit-Area Asset
The HUD loan retires another agency-backed loan for the 254-unit community in Novi, Mich.
Slatt Capital Secures $103M Credit Facility
Two multifamily properties totaling 840 workforce housing units secure the loan.