Market Rate
Capstone Arranges Nashville-Area Portfolio Sale
Alex McDermott, Adam Klenk, Tyler Mayo and Jonathan Hawks spearheaded the sale of the renovated garden-style properties.
The RADCO Cos. Sells Tampa Asset for $47M
The new owner assumed the outstanding balance of a $28.6 million CMBS loan originated in 2018.
Minneapolis Residential Project Lands $22M Loan
The upcoming 128-unit property will be among the first projects to rise in one of the city’s Opportunity Zones.
Jacksonville Community Changes Hands for $97M
Laramar Group acquired the 108-building property in the fast-growing city from CARROLL Organization.
Woodfield Development Sells Virginia Apartments
JLL represented the seller in its disposition of the 400-unit Station on Silver in Herndon, Va.
Monitor Finance Lands $89M Refi for 5 Properties
NorthMarq arranged the refinancing for the company’s portfolio of two assets in Kansas City, Mo., and three in Davenport, Iowa.
Workforce Investment Heats Up in Tough Economy
While Class A apartment property deals have slowed, there have been some bidding wars for stabilized Class B properties.
Cannell Capital Partners Acquires Suburban Atlanta Community
Over the past four years, the seller has implemented a $2.2 million capital improvement plan on the 152-unit property.
Element Property Co. Buys Arizona Community for $30M
Delivered in 2004 and 2008, Port Royale in Sierra Vista includes 252 apartments across 18 buildings.
Blackstone Pays $175M for Pacific Northwest Portfolio
Built between 1980 and 1992, the Class B properties include 935 units near Seattle plus 104 apartments outside Portland, Ore.