Market Rate
Tucson Community Changes Hands
Next Wave Investors sold Orange Tree Village Apartment Homes for nearly $16 million, after implementing a capital improvement plan at the property.
Baltimore Warehouse to Become Apartments
The Mid-Atlantic Multifamily Group of Transwestern Commercial Services has been named the exclusive advisor for the adaptive-reuse project which could see more than 140 units created in the historic brick building.
NKF Facilitates $36M Sacramento Sale
Managing Director Zachary LeBeouf and Senior Managing Director Anthony Pappageorge worked on behalf of the buyer. The transaction was a 1031 exchange.
Monarch Buys 240-Unit NM Community
Berkadia originated a $21.5 million Fannie Mae acquisition loan for the new owner, while a team from Marcus & Millichap represented the seller and procured the buyer.
Tides Equities Buys Phoenix Community for $57M
The real estate investment firm added a 436-unit community to its rapidly growing portfolio in the city. NorthMarq arranged the deal, including a $49.1 million bridge loan.
San Diego Communities Land $223M Refi
Totaling 803 units in the Kearny Mesa submarket, the two rental properties are part of the 232-acre Centrum Master Plan.
Investors Management Group Buys Atlanta-Area Property for $35M
The firm expanded its portfolio with the addition of a 264-unit community in Duluth, located approximately 25 miles from downtown Atlanta.
The Praedium Group Expands Inland Empire Holdings
The New York City-based real estate investment firm acquired Lasselle Place, a 15-building rental community located in Moreno Valley.
Redwood Capital Buys New Charlotte Community
The real estate investment manager bought the 245-unit asset from developer Proffitt Dixon Partners. The property is located in the city’s Ballantyne neighborhood.
Historic Downtown Houston Building Changes Hands
Randall Davis Co. converted the 79-unit Hogg Palace Lofts into a residential property in 1995. The building once served as a showroom and office for automobile retailer Armor Auto Co.