Market Rate
Axonic Properties Sells $16M FL Community
Creative Realty Partners has purchased the 126-unit property with the third highest price per unit for this type of asset in Hillsborough County. CBRE procured both the buyer and the seller.
Southwest FL Community Sells for $48M
KeyBank provided the buyer, Bridge Investment Group, with approximately $34 million in Freddie Mac acquisition financing for the 300-unit multifamily asset.
In Case You Missed It: MHN’s Top 5 Posts in March
Miss any of our articles? Catch up with five of our most popular posts for the month.
Rockford Homes Sells Columbus Multifamily Asset
The new owner, Jeffrey Berlin, financed the acquisition via a 20-year, $5.5 million Freddie Mac loan arranged by Pinnacle Financial Partners.
Cushman & Wakefield Arranges $24M Sale of AL Community
The firm represented the seller, Spanish Fort Realty LLC, in its disposition of the 216-unit Spanish Fort Town Center in Mobile.
Baldwin & Sons Debuts San Diego-Area Community
Alay at Otay Ranch Town Center is situated roughly 20 miles from the city’s downtown, providing proximity to major employers and various entertainment attractions.
Salt Lake City Loft Project Breaks Ground
The 195-unit property will include an automated parking structure and will be the first project in Utah to take advantage of the federal Opportunity Zone program.
Angelo Gordon, Glencrest Team on $51M Bay Area Deal
The joint venture bought the 180-unit property in Santa Rosa, Calif., with acquisition financing secured by HFF.
Falcon Pacific Builders Tops Out Queens Project
Developed by the Saab Family LP, the 50-unit mixed-use building in the Astoria neighborhood is on track to be completed by November.
JCM Sells Central Valley Apartments for $22M
Berkadia provided the buyer of the 124-unit multifamily asset with more than $16 million in acquisition financing through Fannie Mae.