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JLL Arranges Sale, Financing for Portland Asset
Built in 2009, Tupelo Alley includes 188 units and 10,000 square feet of ground-floor retail space managed by Unico Properties.
Boston Capital Expands Houston Footprint
The sale marks the first time the 396-unit Aventura on Briar Forest changed hands since 2007. Canadian Imperial Bank of Commerce originated $39.5 million in acquisition financing.
Franklin Street Arranges $18M Sale in Metro Atlanta
Jake Reid, Chad DeFoor and Dan Phelan represented the seller in the disposition of the 150-unit community in Marietta, Ga.
Atlanta Community Trades for $37M
Taurus Investment Holdings acquired the 192-unit multifamily property in the Midtown South submarket. JLL brokered the transaction and secured $25 million in acquisition financing.
Maryland Apartments Change Hands
Newmark Knight Frank facilitated a $61.8 million acquisition loan for the sale of Concord Park at Russett, a 335-unit community in Laurel.
Abacus Capital Sells Vegas Apartments for $36M
Berkeley Point Capital originated Freddie Mac acquisition financing for the buyer of the 237-unit Class B multifamily asset. The property last traded in 2017 for $24 million.
Beachwold Residential Expands Dallas Presence
AIG secured $45 million in acquisition financing for the new owner of Austin at Trinity Green, a 355-unit property completed two years ago.
Georgia Portfolio Changes Hands for $203M
Carter Multifamily and RSE Capital Partners have acquired the 11 properties totaling 1,966 units. The Class B and Class C communities are located in the Savannah area, Augusta, Canton and Macon.
Presidium Group Sells 360-Unit San Antonio Community
Wells Fargo provided the new owner with a $25.6 million Freddie Mac loan set to mature in 2029. As of June, Axio Apartments was 91.1 percent occupied.
TruAmerica Pays $77M for Phoenix Apartments
The multifamily investment firm increased its Arizona presence with the purchase of a 520-unit apartment community that it plans to renovate.