Market Rate
Aspen Square Management Sells Sacramento-Area Apartments
A 114-unit community in Carmichael, Calif., traded for a record-setting $203,000 per unit.
CAPREIT to Manage Washington-Area Community
Located in Suitland, Md., Allentown offers 178 units and recently underwent a full renovation.
Virginia Beach Community Trades for $49M
Saltmeadow Beach, a 229-unit multifamily property built in 2006, was purchased by Capital Square 1031.
Oden Hughes Breaks Ground in Austin Opportunity Zone
The 279-unit multifamily development will include 28 units restricted to households earning less than 80 percent of the median family income.
Tides Equities Makes $25M Value-Add Move in Phoenix
The new owner plans to invest $5 million in capital improvements to the 240-unit Class C multifamily asset.
Fort Myers Property Commands $65M
Channelside, a four-year-old Class A asset, changed ownership in a deal arranged by NKF.
Rockworth Pays $49M for Georgia Rental Asset
The 300-unit Mandalay Villas is situated in McDonough, Ga., less than 30 miles away from Atlanta.
Waypoint Residential Scores $29M Refi
The financing will retire an existing construction loan for the 278-unit Estraya Westover Hills in San Antonio.
Starwood Sells Denver-Area Multifamily Property
IMT Capital financed the acquisition with a $108.2 million Freddie Mac loan originated by CBRE Capital Markets.
DMA Development Co. Announces New Mixed-Income Asset in Austin
Talavera Lofts will encompass 92 units, 90 of which will lease for rental rates affordable to households with incomes ranging below 30 to 60 percent of AMI.