Market Rate
Berkadia Closes $10M Financing for 223-Unit Knoxville Community
The acquisition and complete renovation of The Element at Cedar Bluff was facilitated by a $10.1 million loan from Berkadia.
Dominion Realty Partners Enters the Charlottesville Market
DRP’s newest development, Fifth Street Place, will be the newest apartment community in Charlottesville, Va., marking the company’s first project in the market.
Moinian Group Builds up Manhattan’s Far West Side
The Moinian Group continues its long-term investment in Manhattan’s Hell’s Kitchen with a 165-unit residential project at 572 11th Ave. and a Class A office tower in the Hudson Yards district.
Gaia Real Estate Sells 252-Unit Cypress Commons in Houston
Gaia Real Estate closed the sale of Cypress Commons, a Class A community located in the Champions submarket of Northwest Houston.
Lexerd Capital Management Snags Jacksonville Apartment Complex
Lexerd Capital Management acquired a 106-unit market-rate multifamily community in San Marco for $8million.
CBRE Closes Deal on 161-Unit Villa Creek in Dallas Suburb
In a deal facilitated by CBRE Capital Markets’ Investment Properties, Villa Creek was acquired by Villa Creek Drive LLC.
Steadfast Scoops Up 217 Apartments Near Denver
The acquisition of Fielder’s Creek Apartments expands Steadfast Apartment REIT’s Colorado portfolio to six properties.
Chandler Multifamily Community Sold by Bascom Affiliate
The Phoenix-area property offers around 350 units that claim an average rent of more than $1,000.
Greysteel Arranges Sale of Large Multifamily Community in Dallas
Oradell Lane Holdings sold El Sol Del Lago, a 318-unit rental property at 3102 Oradell Lane, to Diamond Villa Apartments.
Southeast San Antonio Apartment Community Now For Sale
Marcus & Millichap gained the exclusive listing to market for sale a 200-unit apartment community in southeast San Antonio.