Market Rate
TMG Sells CA Value-Add Community for $12M
The 200-unit Inland Empire property was built in 1964.
JV Nabs NJ Community for $70M
Summit Hill is the latest of three garden apartment acquisitions in the state by KRE Group.
On the Market: 5 Interesting Listings for the Week of 3/20
This week’s listings feature a charming triplex near the beach in Santa Monica and a Tampa property located in close proximity to the University of South Florida.
Orion Leads $25M Sale of Phoenix Community
The transaction was subject to a $17.3 million, 10-year Freddie Mac loan.
RRA Sells 2 Philadelphia Assets for $13M
The two Philadelphia-area assets offer a total of 130 units.
Berkadia Arranges Sale of Arizona Community
Capital Real Estate LLC paid $16.4 million to acquire the 169-unit property in Tempe, Ariz.
Atlanta, Louisville Properties Trade for $74M
Besyata Investment Group and The Scharf Group have purchased two assets totaling 1,033 units.
Nevada Apartment Community Breaks Ground
The new 209-unit community will be developed on an abandoned parking structure that has been vacant since 2008.
Class A Multifamily Community Breaks Ground in Austin
The development will include nearly 2,200 square feet of ground floor retail space.
Cresta Expands Portfolio with Beverly Hills Buy
The Royal Palm, a 45-unit property, was 100 percent occupied at the time of closing.