Market Rate
Fort Myers Lakeside Property Gets New Owner
Northland Investment Corp. sold the 350-unit Iona Lakes community for $53 million.
Tides Equities Extends Phoenix Shopping Spree
The investment firm picked up The Edge, a 380-unit community, from Baron Properties for $57.3 million.
Inland Empire Community Commands $54M
The deal marks the second sale of a Southern California property this summer by Klingbeil Capital Management.
JV Buys 128-Unit Houston Community for $11M
JLL secured financing for the acquisition of Candleridge Park Apartments, located 20 miles from downtown Houston.
Minneapolis-Area Community Secures $18M Refi
Working on behalf of TE Miller Development, NorthMarq arranged the Freddie Mac loan for a 114-unit property in Edina, Minn.
Atlanta Value-Add Portfolio Sells for $42M
Tenth Street Ventures and Braden Fellman Group plan to renovate and unify the 13 assets into one garden-style community.
Seattle-Area Asset Commands $18M
New Standard Equities acquired the 81-unit apartment building in Des Moines, Wash., which is almost fully occupied.
South Carolina Rental Property Changes Hands
Brick Lane and Enterprise Community Investment acquired the 622-unit property in Columbia with plans to upgrade the asset.
ClearWorth Capital Buys Texas Community
The new owner of The Palm on South Padre plans to thoroughly overhaul the 1973-built property.
Construction Begins at CIM Group’s Miami Mixed-Use Project
The property, located in the popular Wynwood Arts district, will include a 257-unit residential building.