Market Rate

New Jersey Apartments Go for $55M

Gebroe-Hammer Associates has announced the purchase of a 232-unit property in New Providence, N.J.

Austin Apartment Community Trades for $49M

BRG invested roughly 93 percent in the venture, which translates to approximately $15 million.

Marcus & Millichap Closes Tampa Community Sale

Strategic Realty Capital bought the 328-unit Key Vista for $12.1 million.

Historic KC Building Becomes the Continental Apartments

Following a $50 million investment, the Mark Twain Tower will be transformed into a 154-unit apartment building.

Praxis Capital Acquires Apartment Community in San Antonio

The 17, two-story buildings offer one-, two- and three-bedroom units situated on 10 acres.

MEPT Adds 271 Units to NYC Footprint

Bentall Kennedy acquired the property on behalf of the fund to continue with its strategy of investing in primary, transit-oriented markets.

Boston-Area Community Trades for $65M

NPRC invested $13 million in Union Place, a 300-unit property located near Boston.

Inland Affiliate Scores 308-Unit Dallas Property

7900 at Park Central Apartments is a Class A residential community located close to major traffic arteries such as I-75 and I-635.

Hunt Mortgage Group Lends a Hand to Local Florida Investors

The portfolio includes Eastwood Oaks Apartments, Beachside Apartments and Court Apartments.

RealtyShares Funds Renovations for 344-Unit Orlando Community

Avesta is sponsoring the deal, with plans to renovate the property to better compete with nearby high-end assets.