Market Rate
Inland Private Capital Sells Houston-Area Community
Goldman Sachs Asset Management Private Real Estate purchased the asset in a transaction that involved a $28.8 million loan held by TIAA.
Sterling Real Estate Partners Expands TX Footprint
The company is set to implement a value-add strategy on its multifamily purchase, including improving amenities, enhancing curb appeal and correcting deferred maintenance.
Rhodium Capital Advisors Expands in the South
The company acquired Grand Pointe Apartments, a 266-unit community located in Lafayette, La., and will invest a significant amount of capital to increase the property’s value.
The Calida Group Pays $100M for Las Vegas Community
The seller, Shopoff Realty, acquired the asset for $72.6 million in 2016 as a value-add investment.
Pollack Shores Enters Mid-Atlantic Market
The company acquired The Flats at West Broad Village, a 339-unit apartment community in Glen Allen, roughly 15 miles from Richmond, Va.
Freeman Webb JV Refinances TN Apartments
Newmark Knight Frank Multifamily Capital Markets originated $29 million in financing through Fannie Mae for a property in Nashville. The mortgage retires a prior loan of $21.7 million.
Stillwater Capital to Add 2 New Communities in Austin
The company is developing a 259-unit property in the suburb of Leander, as well as a 222-unit project in the Riverside neighborhood, within Austin’s designated Opportunity Zone.
Berkadia Completes $76M Sale of Orange County Area Property
The company worked on behalf of A & M Properties in the acquisition of ReNew at the Shops, a garden-style apartment community situated in a tight multifamily market.
Harbor Group Pays $51M for Nashville Community
Greystone originated more than $40 million in Freddie Mac acquisition financing for the buyer of the 407-unit Class B multifamily asset.
Berkshire Acquires Recently Completed MN Community
The Park Off Central is located less than 20 miles from Minneapolis and St. Paul. The new owner is set to rebrand the 191-unit asset.