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Indus Management Acquires Houston Asset
The company purchased a 144-unit workforce housing property in the Bellaire submarket with plans to boost the asset’s value.
Harbor Group Sells Fort Worth Community
An Institutional Property Advisor team represented the seller and procured the buyer for the 360-unit Coventry at City View.
Arch Cos. Expands Jacksonville Footprint With $40M Purchase
The company closed its second major value-add acquisition in a week, growing its local portfolio with 692 units.
Orlando Community Lands $23M Recap
Berkadia secured a 10-year, fixed-rate loan for the 172-unit garden-style property in the Engelwood Park submarket.
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.