Market Rate
Prospect Capital REIT Makes Profitable Exit in Georgia
The company sold its Abbington Pointe community for $37 million.
Oak Coast Properties Expands Denver Portfolio with $129M Deal
The company purchased Pembrooke on the Green Apartments, a 959-unit property.
Northridge Capital Closes $15M Investment in NC Development
The company established a joint venture with a local developer to build the 115-unit, Class A apartment building in Winston-Salem.
New York-Based Firm Goes Shopping in Jacksonville
A Quad Property Group affiliate acquired The Forest for $4.1 million in Jacksonville’s Westside neighborhood.
Meet the Baby Boomers (Again)
Demand from the 55-and-up crowd for age-qualified apartments offers robust opportunity for affordable senior rentals, luxury living and everything in between.
Berkadia Arranges $28M Sale of Arizona Community
The 254-unit property was acquired by FW Group from seller Prime Residential.
Griffis/Blessing Pays $33M for Glenbrook Apartments
The new owner plans to invest in improvements at the 252-unit, garden-style community.
PAC Plans Galleria 75 Redevelopment in Atlanta
The company intends to redevelop the 7-acre site, which currently incorporates 110,000 square feet of office space.
Rivergate KW Residential Expands Carolinas Portfolio
To support the demand for its services in the region, the company also added multifamily specialist Janette Hendershott as regional manager.
Presidium Acquires Two Communities in Northwest San Antonio
Both multifamily assets present value-add opportunities.