Market Rate
JLL Brokers Sale of San Antonio Community
Achieve Investment Group’s Villa de Oro is located in the southwestern part of the city and includes 150 units, a clubhouse, a playground and a spa.
Tandem Partners, Rambaud Holdings Plan New Chicago Community
Marcus & Millichap brokered the $11.4 million sale of the mixed-use building and site in the River West neighborhood where the apartment tower will be constructed.
AIMCO Extends Philly Footprint With $445M Portfolio Buy
The company acquired six communities in the metro with a total of 1,116 units from Dranoff Properties. The deal is expected to close in the second quarter of this year, except for the purchase of one property that is expected to close in the first half of 2019.
HFF Arranges $133M Financing for 3 Bay Area Communities
The portfolio consists of the 158-unit Russell, the 70-unit Quimby and the 108-unit Field House, all in San Mateo.
LA Community Sells for $24M
HFF brokered the sale of Infinity West, a 43-unit property located in West Hollywood, on behalf of the seller, Bolour Associates.
Houston Property Completes Renovations, Opens After Hurricane Harvey
Kings Cove Apartments underwent $6 million in upgrades to the first-floor apartment interiors and several of the amenity spaces.
Zavala Capital Expands Atlanta Footprint
Jake Reid and Roger Schoerner of Franklin Street Real Estate acted on behalf of the seller in the $9.7 million transaction.
Financing Solutions for Sustainable Development
At the NYU Schack Institute of Real Estate’s Conference on Sustainable Real Estate, executives examined the forces impacting sustainability financing, the efforts being made to scale green building efforts and the challenges ahead.
Rohcs Management Completes First Phoenix Buy
The California-based company made its first acquisition in Glendale, Ariz., aiming to capitalize on the Phoenix MSA’s growing workforce housing demand.
Tampa Property Sells for $42M
Institutional Property Advisors arranged the sale of Hanley Place Apartments on behalf of the seller, Axonic Properties, and procured the buyer, NorthEnd Equities.