Market Rate
Optimism for Single-Family Rentals: ULI
Strategies discussed at the organization’s virtual Spring Meeting included a long-term investment approach to reduce exposure to volatility.
Clarion, Blackfin Acquire Virginia Apartments for $113M
The 444-unit community in Manassas saw recent renovations to its units and amenities.
Tricon Residential Forms $1.5B SFR Joint Venture
The new partnership plans to acquire 5,000 newly built homes in the Sun Belt region for use as single-family rentals.
Harbour Realty Sells Tampa Community for $77M
Cushman & Wakefield represented the seller, which acquired the property back in 1998.
Griffis Residential Snags San Diego-Area Property for $156M
CBRE represented the seller in its disposition of the 350-unit Presidio View in Mission Valley.
Golub, Petiole Acquire Illinois Community
The joint venture will carry out cosmetic improvements to the 492-unit property in Carol Stream.
CGI Strategies Lands $42M Refi for Koreatown Apartments
Located in the heart of the trendy neighborhood, the recently developed 122-unit property is almost fully occupied.
Ashcroft Capital Expands Jacksonville Footprint
The company purchased Elliot Baymeadows in Jacksonville’s Royal Lakes neighborhood.
Pathfinder Partners Closes Quarterly Fund at $95M
The private equity firm has acquired a 168-unit property in Northglenn, Colo., through the fund for $44 million.
TruAmerica Expands Southeastern Footprint
The acquisitions in Tampa and Atlanta bring the company’s portfolio in the region to 10,000 units.