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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.
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.