Market Rate
Los Angeles-Area Community Sells for $49M
The 11-building property in Cerritos, Calif., traded for $324,000 per unit.
Suburban Denver Community Sells for $30M
CBRE provided buyer Montgomery Partners with a seven-year acquisition loan through Freddie Mac.
Alexandria Housing Buys Virginia Community for $106M
JBG SMITH will serve as the property manager for the apartments located near Amazon’s HQ2.
Radnor Property Group Lands $142M for Philadelphia Community
JLL Capital Markets arranged financing for Phase II of The Hamilton, a 16-story high-rise property in Center City.
Nashville-Area Community Commands $47M
Capstone Apartment Partners procured the buyer of the 2017-built Reserve at Oakleigh.
Insula Cos. Lands $46M Refi for Orlando-Area Asset
Berkadia originated the 10-year, floating-rate loan for the 320-unit community in Kissimmee, Fla.
13th Floor Investments JV Secures $99M Loan for Miami Project
The joint venture will break ground on the second tower of Link at Douglas later this month.
Waterton Moves into Nashville With $140M Buy
The company acquired a 994-unit multifamily community from Starwood Capital Group.
Interra Realty Arranges $27M Chicago Multifamily Sale
The firm’s Lucas Fryman, Joe Smazal, David Goss and Jon Morgan represented both the buyer and seller.
ASC Secures Loan for Chicago-Area Community
President Igor ZhiZhin originated the $11 million loan for Crestline Villa Apartments in Alsip.