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Monument Capital Acquires 2nd Chicago-Area Property
The 222-unit community is located in Mount Prospect, Ill., across the street from the company’s other asset, purchased in the summer of 2017.
Houston-Area Value-Add Changes Hands for $15M
Wimbledon Apartment Homes represents Canadian Western Wealth Capital’s first acquisition in Houston and the forth in Texas. The property encompasses 161 units.
Boston-Area Community Trades for $44M
PP Hudson Investors has acquired the 176-unit Matrix Hudson in Hudson, Mass. The seller was a joint venture between Heritage Properties and Moss Development.
Bascom Group Buys SoCal Community
The company has procured Island Apartments, a 78-unit property located in Pico Rivera, Calif. Talonvest secured the acquisition financing.
Indian Reservation Community in WA Lands $43M Financing
The 216-unit workforce housing project near Spokane will be part of the Northern Quest Resort & Casino. The deal marks Freddie Mac’s first development on Native American tribal land.
HFF Arranges 2 Freddie Mac Loans for CO Assets
The Colorado Springs communities offer a combined 128 units. HFF represented Radford Investment Properties in the transaction.
Lexerd Buys, Rebrands GA Community
The 160-unit garden-style multifamily asset, built in 1983 and known as Center West Villas, will be rebranded as Pinewood at National Hills.
Top 10 Tallest Residential Properties in Orlando
According to Yardi Matrix, the assets are clustered in the downtown area, with the largest reaching 32 stories.
Broadtree Acquires $138M Portfolio
The company purchased 1901 S. Charles and 2 E. Wells in Baltimore, as well as The Overlook in Camp Hill, Pa. After closing, Broadtree now has a property base of nearly $350 million.
Columbus Community Changes Hands
The buyer took out a 10-year Freddie Mac acquisition mortgage to finance the transfer. Pinnacle Financial originated the loan.