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TruAmerica Expands in Georgia
The company teamed with Tokyu Land US Corp. to acquire two Atlanta communities in separate transactions totaling $127.35 million.
NYC Firm Launches Investment Platform
Hello Vision will provide financing for ground-up and renovation development projects, as well as invest in multiple asset categories.
Henley USA Enters Inland Empire Market
In a partnership with Tower 16 Capital Markets, the company purchased Hillside Village in San Bernardino Valley. The new owner intends to renovate the 80-unit property.
TruAmerica Expands Las Vegas Portfolio With $62M Buy
The previous owner of Tesoro Ranch applied extensive renovations to the amenity package and made interior redesigns. The property previously traded for $49.8 million, in 2015.
JV Secures $47M Loan for Denver-Area Asset
Riverpoint Partners and Iron River Management LLC are developing the four-story, 293-unit community in Lakewood, Colo. An HFF team arranged the financing.
OH Community Commands $21M
The 344-unit community in Groveport, Ohio, in the Columbus metro area, is spread across 5.7 acres. The seller was Ardent Communities.
Baltimore Asset Trades in 1031 Exchange
An out-of-state investor acquired Preston Place, a 10-unit property in the Mt. Vernon neighborhood, as part of a 1031 Exchange.
Carter Multifamily Buys Tallahassee Community for $42M
Polos on Park will be rebranded as 2626 Park, as part of the firm’s strategy to implement a series of renovations and upgrades to the property.
Centennial Holding Co. Buys Tampa-Area Community
The company has expanded its portfolio with a 125-unit property located in Plant City, Fla. The community changed hands for $18 million.
IPA Brokers 1,152-Unit Texas Portfolio Deal
Will Balthrope, Drew Kile, Jordan Featherston and Drew Garza worked on behalf of the seller in the disposition of four communities in San Antonio, New Braunfels and Corpus Christi.