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Carter Multifamily Increases Jacksonville Footprint
The new owner paid more than $23 million for the 262-unit Class B community and plans to invest in capital improvements to reposition the property.
Berkshire Property Holdings Adds GA, Texas Assets
The investment firm acquired two multifamily communities totaling a combined 631 units in College Park, Ga., and El Paso, Texas.
Rittenhouse Arranges Sale of PA Apartments
The boutique residential building was acquired by a local long-term holder that plans to renovate the property.
Phoenix Property Changes Hands in $33M Deal
NorthMarq represented the seller in the disposition of the 308-unit Breckenridge Apartments, as well as facilitated financing for the buyer, 3rd Ave Investments.
Boardwalk Properties Buys FL Community for $119M
The 394-unit asset will be renamed THE AVENUE, offering amenities such as two swimming pools, a three-level clubhouse and a yoga studio.
BSR REIT Acquires 334-Unit Community in DFW Region
The purchase of Riverhill Apartments in Grand Prairie, Texas, was the REIT’s third since its initial public offering on the Toronto Stock Exchange in May.
MHN’s Top 10 Posts from 2018
Miss out on any MHN articles? Catch up with our most popular posts of the year.
CAPREIT Lands $77M Refi for Midwest Portfolio
The assets include The Kensington at Beverly Hills in Michigan, Valle Vista Armes Apartments in Indiana, Greenway Chase Apartments in Missouri and Pointe West Apartments in Iowa.
Seattle Community Opens its Doors
The 226-unit luxury community, developed by LMC, is fully integrated and offers smart-home technology, as well as also pursuing LEED Gold certification.
Phoenix-Area Portfolio Trades for $67M
TruAmerica Multifamily has expanded its presence in Arizona’s capital with the purchase of a 472-unit portfolio in Tempe.