Market Rate
Phoenix-Area Asset Trades for $18M
Cushman & Wakefield’s David Fogler and Steven Nicoluzakis intermediated the sale of a 95-unit community in Old Town Scottsdale, Ariz.
South Florida Community Trades for $56M
A Miami-based investment firm picked up the 206-unit residential property in Pembroke Pines, Fla.
IRET Expands Denver, Minneapolis Portfolios
Apart from paying $125.3 million for two communities in Colorado and Minnesota, IRET also sold its entire Topeka, Kan., portfolio for $82.8 million.
JBG SMITH’s Plan for National Landing Redevelopment Takes Off
The firm submitted plans for six projects located within half a mile of Amazon’s new headquarters.
Pathfinder Partners Buys Sacramento-Area Property
The 170-unit Rosemont Park, situated 10 miles east of downtown, traded for $28.8 million.
AndMark Expands Columbus Footprint
The investment fund currently owns 1,300 units in the market after buying a portfolio of three neighboring apartment communities.
Las Vegas Residential Property Commands $80M
Security Properties acquired the Class A community, adding 379 units to its portfolio.
Boston-Area High-Rise Changes Hands for $29M
Capstone Apartment Partners’ Stasiu Geleszinski, Austin Green and AJ Klenk brokered the sale of the 24-story tower in Worcester, Mass.
RADCO Pays $18M for Tampa Bay Community
The new owner plans to invest $2.8 million to reposition the property through unit and amenity upgrades.
Cushman & Wakefield Facilitates Sale of Las Vegas Community
The brokerage firm represented the seller, CALCAP Asset Management, in the disposition of a 112-unit property near the Las Vegas Strip.