Market Rate
Decron Buys 2nd Seattle-Area Community for $79M
The real estate developer snapped up a 302-unit property in Kent, Wash., boosting its portfolio in the region to 860 units.
Partially Affordable Community Trades in Phoenix
In a deal orchestrated by Institutional Property Advisors, ReNUE Properties acquired Legacy Bungalows in Phoenix for 26.1 million.
Greystone Secures $27M for Houston Acquisition
The new owner has revealed plans to refurbish the 542-unit Villa Nueva.
NKF Originates $11M in Refinancing for Cincinnati Asset
Eleven Hundred, a Shamrock Communities property since 2015, was subject to a prior 12-year Fannie Mae loan with SunTrust Bank.
Security Properties Expands Washington Footprint
The company now commands 5,000 units in the Puget Sound area after its purchase of Villas at Kennedy Creek in Tumwater.
Starwood Sells Denver-Area Community
JLL marketed the 222-unit apartment property in Highlands Ranch, Colo., exclusively on behalf of the seller.
FCP Buys Atlanta Community for $23M
The company has acquired the 180-unit Ashford at Spring Lake, boosting its portfolio in the metro area to more than 1,900 units.
Westside Capital’s Tampa Expansion Continues
The company’s $29.5 million acquisition of a 337-unit garden-style community marks its second investment in the metro’s Wellswood submarket.
Becovic Management Pays Top Dollar for Tampa Apartments
Hatfield Development sold the 252-unit community in Bradenton, Fla., in a deal arranged by JBM Institutional Multifamily Advisors.
Cortland Buys, Rebrands Atlanta Community
Located in the Atlanta area, the 256-unit Cortland Peachtree Corners was formerly known as Echo Lakeside.