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Somerset Partners Buys Charlotte Community
The 155-unit multifamily asset changed hands for more than $15 million, with Capital Bank providing the buyer with $11.6 million in acquisition financing.
HM Management Sells Knoxville Community
Prime Property Investors purchased the 130-unit Class B community with the help of a $5.3 million loan from Wintrust Bank.
Waterton Purchases NC Portfolio for $169M
The properties include Ashford Green and The Retreat at McAlpine Creek in Charlotte, Atria at Crabtree Valley in Raleigh, and Audubon Parc in Cary.
Praedium Group Buys Dallas-Area Asset
Located in North Arlington, the 353-unit Arlington Commons was completed in 2018 and offers residents access to amenities such as a dog park, swimming pool and wellness center.
Praedium Group Acquires Nashville Community
The investment firm purchased Novel Bellevue, part of the newly opened, 1 million-square-foot One Bellevue Place mixed-use development. The seller was Crescent Communities.
Essex Realty Brokers Sale of Chicago Value-Add Multifamily Asset
The company represented both the seller and the buyer in the transaction of Lakeside Village of Mundelein, a 10-building community located in Mundelein, Ill.
Seattle Efficiency Community Changes Hands
Wilshire Capital Partners acquired the 75-unit property for nearly $18 million, financed with a loan from Bridge Investment Group Partners.
LA’s Largest Co-Living Project Reaches Completion
California Landmark Group has completed construction of C1, a rental building featuring 51 market-rate apartments and 17 co-living units.
Waterford Buys Newport Beach Portfolio for $31M
Kidder Mathews represented the buyer and seller in the deal, which included an assemblage of nine adjacent parcels encompassing an entire city block in Dover Shores.
Partially Affordable Brooklyn Community Receives $32M Loan
Caesura is a recently completed, 132-unit residential building in the borough’s Cultural District. HFF Managing Director Steven Klein and Senior Director Geoff Goldstein worked on behalf of the borrower.