Market Rate
Phoenix-Area Asset Trades for $43M
The Milestone Group financed the acquisition of The Pavilions at Arrowhead through Freddie Mac loan.
S2 Capital Buys Charlotte Community for $19M
The new ownership’s $3 million rebranding plan will include interior and exterior upgrades of the 176-unit community.
Equity Residential Reaps $313M for San Diego Sale
This marks the city’s largest multifamily transaction in 2020.
Bridge Pays $90M for Tucson Communities
Institutional Property Advisors represented seller Bascom Arizona Ventures in the portfolio deal.
Capstone Brokers $25M South Carolina Sale
Alex McDermott, Austin Green and Caleb Troop represented the seller of a 208-unit property outside of Spartanburg, S.C.
Greystone Arranges $95M Financing for Multifamily Trio
The Freddie Mac loans will refinance two Class B communities along the East Coast and one in the Midwest.
Bell Partners Acquires Multifamily Duo in Greater Boston
The new owner plans to merge the two assets into a 420-unit community called Bell Westford.
Shoma Group Lands $84M Refi for Miami-Area Project
The floating-rate loan has a three-year term and will refinance existing construction financing.
CBRE Brokers $63M Suburban Phoenix Sale
Tyler Anderson, Sean Cunningham, Asher Gunter, Matt Pesch and Mark McFate assisted the seller of the 240-unit property.
Suburban Chicago Community Lands $55M Refi
Greystone originated the 35-year, HUD Section 223(f) loan for the 360-unit community in Bloomingdale, Ill.