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Monument Capital Management Expands Chicago-Area Portfolio
The company purchased Townhomes at Highcrest in Woodbridge as part of Monument Opportunity Fund IV and is planning capital improvements for all the buildings.
Three Pillars Capital Grows Houston-Area Holdings
The purchase of Camino Del Sol Apartments is the eighth acquisition the firm has made since forming in late 2017.
Former PwC Campus, Converted to Multifamily, Trades in Tampa
Newmark Knight Frank’s Patrick Dufour and Ryan Crowley represented seller Abacus Capital Group, while Bill Weber and Matt Mense arranged the Freddie Mac loan.
Olympus Property Expands in Salt Lake City
The company acquired a Class A, garden-style property in the Salt Lake City suburb of South Jordan, from Woodbury Corp. Built in 2012, the asset consists of townhomes with attached garages.
Monarch Expands in New Mexico
Marcus & Millichap represented the seller and procured the buyer for the 176-unit Avalon at Carlsbad. Berkadia provided a $24.5 million Fannie Mae acquisition loan.
Cortland Partners to Acquire Canadian REIT in $1.2B Deal
An affiliate of Cortland has agreed to buy Pure Multi-Family REIT in an all-cash transaction that will include more than 7,000 multifamily units.
Cushman & Wakefield Brokers $22M Deal in SC
Upstate Property Rentals sold the 22-building, 352-unit property to Nakash Family Land Trust and Mendel Fischer. The asset is located on the I-85 corridor.
White Eagle Property Group Buys Charleston Community
The firm has added to its portfolio a 264-unit property located in Charleston, S.C. FCP and High Real Estate Group sold the asset for $36.1 million.
$1B Redevelopment Breaks Ground in Baltimore
The city’s housing authority started the first phase of a six-year plan that will create 1,345 new residential units, as well as a variety of community resources and services.
Goldman Sachs Provides $106M Loan for Nashville High-Rise Project
Plans for the 29-story SoBro development call for 354 units above a podium with four levels of parking and 7,600 square feet of retail space.