Market Rate
South Florida Community Sells for $47M
Canada’s Prism Multifamily Group purchased the 291-unit property in the Fort Lauderdale suburb of Tamarac.
Continental Realty Buys South Carolina Asset for $69M
A joint venture sold The Bluestone, a 360-unit community in the town of Bluffton.
In the Heat of Austin’s Investment Landscape
Rastegar Property Co. CEO Ari Rastegar shares insights into the metro’s multifamily market and explains why it’s difficult to predict what the future holds.
Morgan Properties Wraps 18,000-Unit Portfolio Buy
The firm picked up the 80-property portfolio from unrelated seller Morgan Communities, whose leader was indicted earlier this year on federal fraud and money laundering charges.
CBRE Closes Value-Add Sale in Denver
First Vice President Robert Bratley represented the seller in the $6.1 million deal.
Sacramento Community Commands $16M
The 130-unit Regency Apartments traded to a Bay Area-based private investor. The acquisition was financed with nearly $13 million.
Capstone Brokers Sale of South Carolina Community
The company worked on behalf of both parties in the sale of a 304-unit community in Columbia, S.C.
GVA Real Estate Expands Texas Presence With North San Antonio Buy
The new owner will also manage the 328-unit Bella Madera, which last traded five years ago.
Colliers International Facilitates $103M Sale in Richmond
The Class A community is located in West Creek, one of the city’s most popular neighborhoods that is home to several Fortune 500 companies.
Hayden Properties Sells San Antonio Townhomes
The new owner assumed a $13.1 million loan originally taken out in 2014, when purchasing Castle Hills Townhomes.