Market Rate
Fore Property Sells Phoenix-Area Asset for $79M
The buyer financed the acquisition with a $62.2 million loan from TPG Capital. The 344-unit Summerly at Zanjero is LEED Silver certified.
Partially Affordable Community Opens Doors in Chicago
The Concord at Sheridan includes 111 mixed-income units and is the result of a public-private partnership.
Keybank Originates $32M in Financing for 2 Columbus Assets
New Life Multifamily Management is the owner of both communities, which total 747 units and are located approximately 13 miles from the city’s downtown.
CBRE Brokers Sale of Nashville Community
The company represented the seller, a joint venture between Redwood Capital Group and Investcorp, in the sale of the 20-building Arbors of Brentwood.
St. Petersburg Deal Sets Central Florida Record
Courtney at Bay Pines traded for the highest price ever paid in the area for a garden-style community.
Bellwether Secures $80M in Loans for Texas Housing
The loans were used to create, support and preserve three affordable communities in Austin and Port Arthur.
Lion Real Estate, Marble Partners Close 4th Austin Buy
The new ownership intends to complete the renovations the previous two owners initiated and further stabilize the property.
Suburban Indianapolis Property Sells for $61M
A BHI Senior Living affiliate acquired the community through a bankruptcy sale process. Cushman & Wakefield’s Allen McMurtry, David Kliewer and Paul Carr assisted the seller.
Berkadia Arranges Sale of 332-Unit Alabama Community
David Oakley, David Wilson, Caleb Frizzell and Abe Maddox assisted the seller in the transaction. Affiliates of B & M Management Co. purchased the property.
South Florida Community Trades for $16M
DLS Partners has expanded its footprint with the acquisition of a 137-unit property in Largo, Fla.