Market Rate
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.
ABI Multifamily Arranges $30M Sale of Phoenix Community
Alon Shnitzer, John Kobierowski, Rue Bax, Doug Lazovick and Eddie Chang worked on behalf of both the buyer and seller.
Tower 16 JV Buys 258-Unit Tucson Property
NorthMarq represented the seller and the buyer, as well as arranging financing on behalf of the joint venture.
American Landmark Expands Tampa Portfolio
The acquisition of a 248-unit community in Wesley Chapel, Fla., brings its portfolio in the area to seven communities.