Market Rate
New Jersey Portfolio Deal Scores $228M Loan
Cammeby’s International purchased the six-asset bundle of communities totaling more than 1,800 units.
Tucson-Area Community Scores $23M Refi
Greystone provided the Fannie Mae DUS loan for the 240-unit multifamily property located in Oro Valley, Ariz.
Metro Atlanta Asset Changes Ownership
The Walden Group paid more than $12 million for the 140-unit multifamily property located in Tucker, Ga.
Barings Sells Portland Community for $116M
Griffis Residential acquired the 294-unit, LEED Gold-certified property in the city’s South Waterfront neighborhood.
Security Properties Buys $28M Tempe Property
The company purchased The Rev Apartments, marking its eighth acquisition in the Phoenix area.
New Jersey TOD Scores Financing
A JLL Capital Markets team arranged the $19.9 million construction loan for 34 Bank in Netcong, N.J.
Broadtree Residential Buys Florida Asset
The Broadstone Real Estate-managed trust picked up the 268-unit apartment community in Pensacola through an UPREIT structure.
Capstone Apartment Partners Closes Sale of North Carolina Value-Add Asset
The Lodge at Lakeshore was 95 percent occupied at the time of the closing. The buyer is a local investor that owns several properties in the Triad.
Vantage Communities Sells Panama City Beach Community
In a deal brokered by Institutional Property Advisors, the Texas investor sold a 288-unit garden-style property comprising 14 buildings.
Las Vegas Rental Property Changes Hands
Element Property Co. acquired the 324-unit Alpine Village community for $36 million in a deal arranged by Berkadia.